Whose Name Goes on a Cashier's Check?

Cashier's checks are drawn on a financial institution's funds, but you supply the check amount to your bank ahead of time. And you need the name of the "payee," the business or person you are paying, since you can't get a blank cashier's check.

Who is the payee on a cashier's check?

The payee—the person receiving the funds—knows that the check won't be returned, as it's being drawn from the bank's account. Because cashier's checks usually have watermarks and require signatures from one or more bank employees, the bank has the reassurance that the check won't be counterfeited.

Does it matter whose name is on a cashier's check?

The full name of the individual or company that will receive the dollar amount printed on the cashier's check. Only the named individual or a verified agent of the company will be able to deposit the check. 2. Payment Amount.