Oregon Lost Cashier's Check Bond

AmeriPro Surety Bonds helps you to easily qualify for an Oregon lost cashier's check bond. Let us work for you today. Call us at 844-589-9732.

Oregon Lost Cashier’s Check Bond

Oregon Lost Cashier’s Check

A cashier’s check – and here we include money orders --- are convenient items which offer the benefits of cash and checks alike.

Like cash, cashier’s check are guaranteed payments; when deposited, they clear immediately.

And like checks, they are for just one person or entity, the person to whom the cashier’s check is made payable.

The loss of an Oregon Cashier’s Check

Losing a cashier’s check or money order can be frightening situation.

While it is certainly stressful, fortunately, in a great many cases, there is a solution.

Visiting Your Banking Institution

If you’ve lost a cashier’s check, you may have gone to the issuing bank in an attempt to have it replaced.

The banking representative may have told you that in order to replace the cashier’s check you may have to do the following:

• Wait for a period of up to 90 days before the check can be replaced;
• After that period, obtain an Oregon lost cashier’s check bond.

Oregon Lost Cashier’s Check Bond

An Oregon lost cashier’s check bond is a surety bond which, when purchased, will allow the banking institution to re-issue the lost cashier’s check.

At the same time, in purchasing the bond, you are guaranteeing the banking institution that the bank will not pay on the same bond twice.

Three Sides to an Oregon Lost Cashier’s Check Bond

As with all surety bonds, an Oregon lost cashier’s check bond will have three “sides” or “parties” to the transaction.

• The principal is the person required to purchase an Oregon lost cashier’s check bond. In purchasing the bond, they are stating that should the lost original cashier’s check be located and paid, they will repay the issuing bank for any over payment;
• The obligee is the banking institution which required the purchase of the surety bond in order to reissue the cashier’s check;
• The surety is the institution to which issues the surety bond and which can financially absorb any losses.

To note, any payments, including costs and fees, paid by a surety (were that to occur) must be reimbursed, in full, by the principal.

Cost of an Oregon Lost Cashier’s Check Bond:

The cost of an Oregon lost cashier’s check bond may be as little as 2% of the amount of the lost cashier’s check.

For example, a replacement for a lost cashier’s check bond in the amount of $10,000, may be as little as

$200.

When lost cashier’s checks reach a certain amount, more information may be required from the applicant.

Duration of an Oregon Lost Cashier’s Check Bond:

Buyers of an Oregon lost cashier’s check bond should note that this surety bond is active for 5 years from the date of purchase.

Call AmeriPro Surety Bonds for your Oregon lost cashier’s check bond

If you’ve lost a cashier’s check or money, we know that there’s a lot of stress involved.

AmeriPro Surety Bonds provides sure bonds of all types.

Let us help you get the surety bond you need so that you can have your cashier’s check replaced as quickly as possible.

Call AmeriPro Surety Bonds now at 844-589-9732