i sold my car and hes gonna give me a cashiers check instead of personal

 

Cashier's checks are issued by the bank. They aren't personal funds, they're bank funds, so they're seen as more secure. When you buy a cashier's check/certified check, you aren't depositing money into an account, you're BUYING a check.

I would be more comfortable depositing a cashier's check than a personal check.

 

personal = straight out of the person's bank account

cashier's check = money is already accounted for so the check is guaranteed to have sufficient funds. in other words, it's paper money.

 

Paper money is still paper money.

o:

 

Technically, they aren't guaranteed...they're just much more safe. If the issuer doesn't have the funds, then you're out of luck just like a personal check...but the odds of a bank/issuer lacking funds is much more unlikely.

 

when i draw a contract/bill of sale should i notarize it?

 

cashier's check ftw

guarnatee no fraud

 

http://sanfrancisco.bizjournals.com/...8/daily18.html

 

i recommend cash only.


and btw, you're welcome hfawk:

 

does that mean you would never consider check?

and thanks, bitch hfawk: