What Is the Difference Between a Cashiers Check and a Bank Check?
A cashier’s check is one that is already paid for, similar to a money order. It is often also called a bank check, so cashier’s checks and bank checks are really just two names for the same thing. Cashier’s checks are often preferred to regular personal checks due to increased security. When someone issues a personal check, it is backed by their account, while a cashier’s check is backed by an entire financial institution since the bank bought it from the issuer. This makes it a guaranteed payment.
