This additional security means that cashier’s checks are low-risk financial instruments, so they’re often used for high-dollar purchases like house or vehicle down payments, business-to-business payments, and large personal transactions. The LifeGreen color is a trademark of Regions Bank.Appointment Scheduler is provided by TimeTrade© Systems. Regions Bank 413. Review #162881 . 22. It's just …
0000029794 00000 n Note that non-customers must visit a Regions Bank branch to cash a Regions cashier’s check; these checks can’t be cashed using a Regions Now card.
It is best to keep the check for 14 days to ensure that it clears without any problems, then shred the physical check.While most banks won’t have a problem accepting cashier’s checks through online deposit, it’s always worth checking your particular bank’s mobile deposit policies to be sure that this type of check is accepted. I recommend a Google search in your area for some of the locations listed above; I also recommend calling your location of choice to make sure that they are able to cash your specific cashier’s check. That’s why Regions Now Banking offers money orders.It's just one more way Regions helps you move your life forward. 0000016850 00000 n I have an account at three other banks, but not at Regions. To purchase a cashier’s check, you’ll need two pieces of information. Click any business or scroll for more information.There are limited places to cash a cashier’s check because they are normally high-dollar checks that are backed by financial institutions. Find out if it's worth opening up an account with this bank. Each money order costs $2, and the maximum amount per money order is $1,000. Also known as a bank check, teller’s check or an official check, these special payment instruments typically cost about $7 on average and are used to make large transactions, such as the sale of a house or car, safer for all parties. Certified check: A certified check is like a personal check but has been certified by a bank officer that the funds are available to back it. Hayley Milliman is a former teacher turned writer who blogs about education, history, and technology. These transactions are commonly done with the bank teller, and on average, plan on spending anywhere from $0 to $15 for a service fee. But what actually is a cashier’s check?
According to the banking analysis by MyBankTracker, the average cost of a cashier’s check was $9.10 at the ten biggest banks in America. If you have a checking account with a bank that offers remote deposit (also known as online deposit or mobile deposit), you can cash many types of checks — cashier’s checks included — from the comfort of your own home. 0000016431 00000 n
Currently, the most expensive cashier’s check is … 0000010253 00000 n A cashier’s check is a type of check issued by a bank or credit union and signed by a cashier or teller. For more information, you may want to check out our article about Unfortunately, due to the volume of comments that we receive, we’re not able to help with specific, individual requests. Cashier’s checks are typically more expensive than money orders, which makes sense if you consider the differences listed above—cashier's checks are a more robust instrument. Fee. However, if you have a high-tiered checking account (such as one with a higher monthly deposit requirement or daily minimum balance), you might have a lower fee to purchase a cashier’s check from your bank, or you may not have to pay a fee at all.In order to purchase a cashier’s check, you first need to go to your local bank or credit union branch. Cashier’s checks are imprinted with both the bank’s name and the name of the payee — the person or business the check is being made out to. 0000009682 00000 n They're also issued by banks, which don't have a low-cost reputation, unlike mass retailers who sell money orders for $1. %PDF-1.4 %âãÏÓ When she was a teacher, Hayley's students regularly scored in the 99th percentile thanks to her passion for making topics digestible and accessible. 1.50% of check amount on all amounts ($5 minimum fee) 4.00% of check amount ($5 minimum fee) 5.00% of money order amount ($5 minimum fee) Check Type. Customer information provided in order to set up this appointment will not be used to update any customer records, and this information will only be used to service this appointment.You’re about to leave Regions to use an external site.Regions provides links to other websites merely and strictly for your convenience.
trailer < Other Check Types (Handwritten Payroll, Handwritten Person-to-Person, Two Party. Cashier’s checks are typically more expensive than money orders, which makes sense if you consider the differences listed above—cashier's checks are a more robust instrument. I too went to cash a check at Regions bank after one of their customers had written me a check. Making a large purchase, such as buying a car or putting a down payment on a house?If so, you may be asked to use a cashier’s check to make your payment. 0000018252 00000 n You may also be required to use a cashier’s check for slightly smaller transactions, such as a security deposit on your apartment, or even occasionally your monthly rent payment, if required by your landlord. Most major banks offer online or remote check deposits through their mobile apps, including Bank of America, Chase, U.S. Bank, TD Bank, and others.To cash a cashier’s check through a mobile app, you’ll simply need to endorse the check as you normally would and write “For Online Deposit Only” underneath. 0000004047 00000 n Regions does not monitor the linked website and has no responsibility whatsoever for or control over the content, services or products provided on the linked website. We encourage you to also seek the one-on-one help of a certified professional.Click to email this to a friend (Opens in new window)Can You Cancel a Cashier's Check (Stop Payment)? 0000000016 00000 n