Some banks give you official bank checks when you ask for cashier's checks is it the same?


#1

Some banks give you official bank checks when you ask for cashiers checks and they say it is the same thing, but I remember a while ago while buying a property they didn’t accept the official bank check at the escrow. Do auctions accept them??


#2

HI Vincent,
You should always take a cashier check not an official bank check. Most title companies will not even take them for funds to close. The reason is that offical bank checks can be canceled.