Can I Cancel a Cashier's Check and Get Reimbursed?
Cashier's checks are considered guaranteed funds since they are backed by the issuing bank. They are often used in large transactions or when the recipient wants the assurance that the check will not bounce. However, there may be times when you need to cancel a cashier's check and get reimbursed.
To cancel a cashier's check, you will need to contact the bank or credit union that issued the check. You will need to provide them with the check number, the amount of the check, and the date the check was issued. The bank will then cancel the check and issue you a refund.
There are a few things to keep in mind when canceling a cashier's check:
- The bank or credit union may charge you a fee to cancel the check.
- You may not be able to cancel the check if it has already been deposited or cashed.
- If you have lost or stolen your cashier's check, you may need to file a police report before the bank will cancel the check.
Here are some related questions and answers:
- What is a cashier's check? A cashier's check is a guaranteed fund check issued by a bank or credit union.
- Can I cancel a cashier's check? Yes, you can cancel a cashier's check, but you may be charged a fee.
- How do I cancel a cashier's check? Contact the bank or credit union that issued the check and provide them with the check number, amount, and date of issue.
- What happens if I lose or steal my cashier's check? You may need to file a police report before the bank will cancel the check.
- Can I get a refund for a cashier's check? Yes, you can get a refund for a cashier's check, but you may be charged a fee.
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