How do cashier checks work and what would be the purpose of using one instead of cash?
Here recently I have posted a bed I want to sell. I’ve gotten a reply from someone whose agreed on the price and wishes to pay with a cashiers check instead of cash. Now I know that a cashiers check needs to be cleared before its printed but why use that instead of just cash to make the transaction? Also, is there and risks on my end to taking a cashiers check? Can I be scammed in anyway? Any and all advice is appreciated!
Edit: Thank you guys for the replies! I’m definitely not going through with it now. Once I asked to be paid in cash, I haven’t received back an email. So it was most likely a scam