Cashier's Check Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Cashier's Check, written in plain English, along with examples of how it is used.

What is Cashier's Check?

(n) Cashiers check is the check drawn on their on account or on their own branch, issued to a customer on receipt of the equal amount, naming a third party as the payee at the request of the customer. It is also called as a bankers check. It differs from the draft mode, here the check is drawn on self and is paid to the payee or credited his account immediately