When you’re making large purchases or exchanging significant sums of money, you’ll typically want to use a cashier’s check for the transaction. From renting a new apartment to purchasing a high-ticket ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...

In banking, a check is a paper document used to deliver funds from one person or entity to another. A check authorizes a bank or credit union to pull a promised, exact amount of money out of a ...