Vocabulary – Cashier’s Check

Are the terms and vocabulary used by the employees of the bank confusing to you? You are not the only one. The average American is not fully aware of what the words used in banking conversations really mean, and in the examples below I am going to show you how the definitions of these terms differ depending on the source . . . Webster’s Dictionary, Banking Glossaries and real world usage.

Let’s start with the definition of a cashier’s check.

: a check drawn by a bank on its own funds and signed by the cashier

“cashier’s check.” Merriam-Webster Online Dictionary. 2009.
Merriam-Webster Online. 2 September 2009<http://www.merriam-webster.com/dictionary/cashier’s check>

A bank-issued check, also called official check or treasurer’s check, signed by
a bank officer and drawn against funds of the bank itself. A cashier’s check is
generally regarded as good as cash.

“cashier’s check.” Business Dictionaries from AllBusiness.com. 2009.

A check drawn on the funds of the bank, not against the funds in a depositor’s
account. However, the depositor paid for the cashier’s check with funds from
their account. The primary benefit of a cashier’s check is that the recipient of
the check is assured that the funds are available.

“cashier’s check.” Dictionary of Bank Terms and Phrases. 2009.

Knowing what we do about counterfeit cashier’s checks, the second two definitions are very misleading. One says that a cashier’s check is generally regarded as good as cash, and the other says that the recipient can be assured that the funds are available. Both of these statements would give people a false sense of security about the check, making them believe that they are valid checks. This is exactly why so many people become victims of Counterfeit Cashier’s Check Scams. In the minds of most Americans, a cashier’s check represents a valid and secure document to use, and they put their trust in that image of security.

Shawn Mosch
Co-Founder of ScamVictimsUnited.com

Find us on Twitter, Facebook and more through

5 Responses to “Vocabulary – Cashier’s Check”

  1. Banking Details Says:

    Once we receive the mail, a Bank Draft normally takes 10 banking days to clear, while a Personal Check normally takes up to 21 banking days to clear. Banking Details

  2. scamvictimsunited Says:

    That is going to be my next vocabulary lesson . . . the bank tellers will tell you that a cashier’s check will be “clear” in 24 hours, and that gives people the feeling that these checks and the money in them are safe to use after that 24 hour period. I feel that the banks need to be more honest with people and tell them that cashier’s checks take an average of 10 business days to clear.

  3. Dryer Vent Cleaning Says:

    Cool site, love the info.

  4. Bill Bartmann Says:

    Excellent site, keep up the good work. I read a lot of blogs on a daily basis and for the most part, people lack substance but, I just wanted to make a quick comment to say I’m glad I found your blog. Thanks,

    A definite great read.. 🙂


  5. Shawn Mosch Says:

    Thanks for the great feedback and comments.

    We are also on Twitter and Facebook if you would like to join us there. If you go to the second link in my signature you can find all of the sites we are on.

    Facebook Fan Page is at

    Shawn Mosch
    Co-Founder of ScamVictimsUnited.com
    There is strength in numbers!

    Find us on Twitter, Facebook and more through

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