What is the Maximum Amount for a Cashier's Check?
Learn how much you can put on a cashier's check and the factors that influence limits at different banks.
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The largest amount you can put on a cashier's check can vary depending on the bank's policies. However, many banks do not set a specific limit and are willing to issue cashier's checks for large amounts, sometimes even exceeding $100,000. For precise information, check with your bank directly as policies may differ.
FAQs & Answers
- What is a cashier's check? A cashier's check is a secure and guaranteed form of payment issued by a bank, drawing funds from the bank’s own account rather than the account of an individual.
- How do I get a cashier's check? To obtain a cashier's check, visit your bank or credit union and request one. You will need to provide the amount, the payee's name, and may have to pay a small fee.
- Are there fees associated with cashier's checks? Yes, most banks charge a fee for issuing a cashier's check, which typically ranges from $5 to $15 depending on the institution.
- Can I stop payment on a cashier's check? Stopping payment on a cashier's check is generally not possible due to the nature of the check being a guarantee of funds. However, if it is lost or stolen, you can request a replacement under certain conditions.