With regards to a Cashier’s Check, there is cause for you to be concerned if:
- You receive a Cashier’s Check in response to something you have sold over the Internet.
- You are asked to send a wire transfer or a money order or otherwise return any portion of check proceeds to a third party.
- You have any reason to suspect that a Cashier’s Check you receive is not valid.
Don’t Be a Victim!
- If a Cashier’s Check is later returned, you will be held liable for the bad check.
- We are not able to tell you when a check you deposit will clear.
- Even when we lift a “hold” on funds from a deposited check, that does not mean that the check has cleared.
- If funds are to be held by a third party, or escrowed, be sure it is a party you can trust.
If any of the above information causes you to question a Cashier’s Check, please alert an HVFCU staff member.