Can A Bank Place A Hold On A Cashier's Check?
The bank can place a hold on the entire amount of the cashier's check if it has reasonable cause to believe the check is uncollectible from the paying bank.
Can a cashiers check be seized?
But if you have a cashier's check issued and the question is once issued can the funds be take from the account the answer is no.
Can cashiers checks be garnished? - Legal Answers - Avvo
Do cashiers checks clear immediately?
Cashier's and government checks, along with checks drawn on the same financial institution that holds your account, usually clear faster, in one business day.
How Long It Takes a Check to Clear and Banks That Do It Fast
How long will a bank hold a cashier's check?
Also, according to Regulation CC (Reg CC) of the Federal Reserve, cashier's checks are recognized as "guaranteed funds", and amounts under $5,000 are not subject to deposit hold (except in the case of new accounts). The length of a hold varies (2 days to 2 weeks) depending on the bank.
Cashier's check - Wikipedia
Why would a cashier's check be put on hold?
Generally, cashier's checks must be made available by the next business day. However, because of the number of fraudulent and counterfeit checks now being passed, credit unions are beginning to place an extended hold on cashier's checks.
The credit union placed a hold on a cashier's check that later ...