Answer:
Answer by: John Burnett:
Unfortunately, there is no prohibition on the use of the words "cashier's check" by non-banks. But it is only a label.
Check (pun intended) the signature line on the check. If it indicates the check is being signed by a bank (you'll see the name of the bank above or below the signature line), it's a cashier's check even if it also shows the name of the tax service on the check. However, if the only place a bank is identified on the check is the typical naming of the drawee/paying bank, you can treat the check as an "other" check, regardless of the "cashier's check" label.
Answer:
Answer by: Ken Golliher
If the item said "3 Pound Pig" across the top would that make it a 3 Pound Pig? If it does not meet the definition of a cashiers check, then it's not a cashiers check.
I once called a drawee bank to ask why they allowed their customer to do this and they hung up on me half way through the question (before the part where I was going to tell them they were incompetent). Apparently, I wasn't the first caller.
print
share