A cashiers check is the same as cash but with a paper trail. It is a guaranteed check with money held essentially in escrow. I know folks who buy and sell some fancy cars and planes and they use this device.
A cashiers check is the same as cash but with a paper trail.
Not exactly the same as cash. However there are cashier check scams in today’s environment more so with the advent of the internet.
Do a search on cashier check scams and you find some interesting info.