What Is The Maximum Amount For A Cashier's Check
There's often no limit on a cashier's check, provided you have the money for it. Some banks do impose a maximum amount if the check is ordered online. This limit can range from $2,500 to $250,000 per check or more.
Can I get a 5000 cashiers check?
A benefit of a cashier's check is that you can make it out in any amount. Banks don't set limits. What does limit your cashier's check is how much money you have in your accounts with your bank. You can't request a cashier's check for $5,000 if you only have $4,000 in your account.
When You Need a Cashier's Check and How to Get One
Can I get a cashier's check for $10000?
Cash does not include a check drawn on an individual's personal account. A cashier's check, bank draft, traveler's check, or money order with a face amount of more than $10,000 is not treated as cash.
Publication 1544 (09/2014), Reporting Cash Payments of Over $10000
Do banks report large cashier's checks to IRS?
When a customer uses currency of more than $10,000 to purchase a monetary instrument, the financial institution issuing the cashier's check, bank draft, traveler's check or money order is required to report the transaction by filing the FinCEN Currency Transaction Report (CTR).
IRS Form 8300 Reference Guide | Internal Revenue Service
Is there a limit to cashiers check?
Although the policy may change from bank to bank, generally there's no upper limit for a cashier's check. The payee typically has quicker access to a larger amount of the funds with a cashier's check.
Cashier's Check Vs Money Order: What's the Difference