When you buy a big-ticket item like a car or make a large payment, such as a down payment on a house, you may be asked to pay with a certified check or a cashier’s check. These checks are less likely ...

A cashier’s check is guaranteed by the issuing bank’s own funds, making it one of the most secure forms of payment for large transactions. Cashier’s checks cost $8 to $15 at most major banks, though ...