A cashier’s check is a check guaranteed by a bank, drawn from its own funds and signed by a cashier or teller. But the claim represented by the check is valid for as long as the state's escheat law provides for. How long it takes your checks to process and clear has much to do with your bank and the issuer of the check. (Photo credit: CarbonNYC) Just over a year ago, my wife wrote a small check for an end-of-the-year school function of some sort. The bank will typically add its own stamp and signature to a certified check, along with conditions (like how long the check is good for). Q: I have a cashier’s check that I got in 1987.It’s for $18,600. The Uniform Commercial Code permits the accepting institution to decide whether it will redeem checks dated more than six months before the date you take the check to the institution.Since banks and other financial institutions typically use computers to process … Cashier's checks are usually printed on heavyweight paper. The takeaway Likely either a cashier's or certified check will be an acceptable for paying closing costs, since they're both guaranteed funds. The financial institution redeeming a check determines the expiration date of a personal check. ‹ § 4-403. How long is a check good for and other things to know about cashing old checks Advertiser Disclosure We are an independent, advertising-supported comparison service. For example, a BASSET cardholder who was certified on May 15, 2014 would need to renew by May 15, 2017. Q: How long is certification good for and do I have to be recertified? You should see a bank's name and logo on the check along with routing and account numbers. The only time we accept a cashier’s check is if the cash to close is under $500 or if it’s for the earnest money deposit. The difference is that a claim for the funds will have to be placed with the state treasury after escheatment. But the bank won't have to honor the check after it has escheated the deposit. The check was … First published on BankersOnline.com 09/2/03 However, for these 2 items we will in many cases accept a personal check, which doesn’t carry the fee that the bank charges for a cashier’s check. It's a substantial chunk … An individual who leaves work voluntarily without a good reason attributable to the employer is generally disqualified from receiving UI. It's a safe way to make a large payment. A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer's account for a payment made thereafter in good faith. Nevertheless, your cashier’s check will undergo fraud checks, but it will not undergo any form of payment dispute due diligence. A cashier’s check is going to settle faster than a personal check. In the real estate market, the earnest money check is one of the essential ways buyers prove they're serious to sellers. 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