What is the difference between a cashiers check and a certified check?

What is the difference between a cashier's check and a certified check Introduction: The World of Checks Hello, and welcome to our video on the distinction between cashier's checks and certified checks. While both are considered secure forms of payment, they serve different purposes in the financial landscape. Let's dive in! Cashier's Check: A Bank's Promise A cashier's check is a check issued by a bank, drawn from its own funds. When you request a cashier's check, the bank sets aside the amount in question, guaranteeing its availability. This makes it an ideal choice for large transactions, such as purchasing a car or a home. The recipient can be confident that the funds are secure, as they are backed by the bank's reputation. Certified Check: A Personal Assurance On the other hand, a certified check is a personal check that the bank has verified. When you present a certified check, the bank confirms that you have sufficient funds in your account to cover the check. The bank then sets aside the amount, earmarking it for the recipient. This provides a level of assurance to the payee, as they know the funds are available at the time of certification. The Role of Verification