BANKING AFFAIRS

Detailed explanation-1: -Both cashier’s checks and certified checks are official checks that are guaranteed by a bank. Compared to personal checks, cashier’s checks and certified checks are generally viewed as more secure and less susceptible to fraud.

Detailed explanation-2: -Deliver your certified check. The best way to send your check is by certified mail. Put the check in an envelope, go to the Post Office, and have it certified before sending.

Detailed explanation-3: -Cashier’s checks and certified checks are both official checks issued by a bank. Both are easy to get, relatively inexpensive and considered more secure and less susceptible to fraud than personal checks.

Detailed explanation-4: -It’s more practical and safer to write a check, but the payee may want more protections than what’s provided by a normal personal check. With a certified check, the recipient knows that the bank has verified the check, signature, and availability of funds. It’s a source of guaranteed funds.

Detailed explanation-5: -Because the face value is guaranteed, legitimate certified checks are as good as cash. This can help ease your mind when exchanging goods or services in a large transaction.