01/03/2011
What is the retention time frame for keeping original cashier's checks when they are imaged?
11/29/2010
When treasurer’s checks are on our abandoned property list, do we need to contact the purchaser or the payee in order to reissue them?
10/25/2010
Are official checks and cashier’s checks the same thing?
09/27/2010
Can credit unions issue cashier's checks?
07/05/2010
Have the rules changed on cashier's checks about stop payments?
07/05/2010
Is a check that is issued by the bank for the proceeds of a loan considered a cashier's check and therefore subject to all the rules and regulations of issuing cashier's checks? For example, can a stop payment be placed on a lost loan proceeds check and a replacement check be issued prior to the ninety day requirement of cashier's checks?
05/24/2010
I thought that Reg CC required banks to provide a phone number or other means to verify a cashier's check issued from their institution. How can some of the larger banks refuse to verify their cashier's checks, especially since there are so many fraud schemes using counterfeit cashier's checks?
05/24/2010
Does an official check expire?
05/24/2010
According to numerous postings, a bank is allowed to place an extended hold on the deposit of a cashier's check as long as the proper notification is given. We were criticized by an examiner because we held funds on a certain type of instrument. We were told we could not hold cashier's checks or credit card checks just because we doubted their collectability. We have had problems with fraudulent cashier's checks. How do we avoid an examiner problem and still protect our bank?
12/14/2009
What is the difference between "Bank Official Check" and Cashier's Check" if any, and which one is the most effective?