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2022 Challenger Jail Break
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Yes, my bank won't issue a Cashier's Check over $5k, then it has to be a certified check. Not sure on the differences in safety of funds, I've never run across a bad one...
Cashiers check is paid directly by the bank to you not from the customer funds. If it’s given to you by a tank teller it’s pretty legit.

Wells Fargo gave me a cashiers check that was WAY over 5k. I did a google search it says generally there is no max of a cashiers check it’s whatever the bank wants to do. It’s a check from the bank directly to you. I’m sure any main bank would have no problems issuing some massive cashiers checks if the customer has verified funds.
 

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2022 Challenger Jail Break
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A cashiers check from the bank itself (as the payer) would be safe. A cashiers check from a private party can be cancelled by the private party prior to being deposited into an account. I have sold a lot of cars and will only accept a cashiers check if the buyer is patient enough to wait for me to send them the title once the check clears. They get the car and a bill of sale while we wait for the check to clear. Wire transfer is the safest option.
Cashiers check is issued by the bank not the private party. The teller immediatly deducts the funds from the payor account and then the bank writes you a check. It’s from the bank to you. Guys name isn’t even on it. I’m sure if the payor can prove fraud the bank can go after you mater for it back but it’s not like a regular stop payment.


A cashiers check is Jiat as good as cash. It’s pretty much the same thing if you KNOW the check is good.
 

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2022 Challenger Jail Break
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Have you ever cancelled a cashiers check? I have when the car I went to look at was not what I thought it would be. I was not required to re-deposit the funds. Also, if it is as good as cash why does it take 2-3 days for the funds appear in your account after depositing the check?
From google real quick.

Generally, a customer cannot order a stop payment on a cashier's check, and the bank must honor a cashier's check when it is presented for payment. This is because a cashier's check is drawn directly on the bank that issues the check, not on your account.

It also has to clear like a normal check but it’s from the bank. The bank is not going to bounce a check lol.

I looked real quick as well says something about 90 days it has to not be cashed. If I got a cashiers check and cashed it within the time period it’s my money.

I’d rather have:
1)wire
2)cashiers check


I wild say those are safer than a pile of cash as welll.
 
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