What is the meaning of cashier's cheque?

[Good-Person]

A cashier cheque is a kind of check that is issued by the bank. The funds are usually withdrawn from bank's cash reserves and the cheque might be signed by bank's officer. A cashier cheque is a very common kind of financial instrument. So, how is it used?

 

[Debashis]

A cashier's cheque is used as a secure form of payment. It is typically used for large transactions, such as purchasing a house or a car, where a personal check might not be accepted. The funds for a cashier's cheque are guaranteed by the bank, making it a trusted method of payment.