We've all heard about the fake money orders floating around. Are they safe to accept anymore? I have someone from the UK interested in buying a portable DAT recorder I have for sale. He wants to pay via money order. Can I check the authenticity of the money order at any bank?
Enjoy the benefits of a premium membership!
Upgrade Account
-
TalkBass has been independent since 1998. Add your voice.
Create a free account to reply to discussions, view embedded media, and browse with fewer display ads.
Join free Log in
Want zero display ads or expanded classifieds tools? Compare plans.
money orders safe?
- Thread starter basss
- Start date
Just tell him you're going to wait for it to clear... take it to a tellar at your bank and cash/deposit it right there... wait a few days, check your account and make sure you have the funds, then send away... that's generally what I do if I feel it's awkward...basss said:
Ray
The safest and easiest way from out of the country would be to have a wire transfer sent from his bank to yours. If you present a money order from outside of the states, your bank is probably not going to cash it, but take it for deposit only. In this case, there will be a hold placed on it, up to 11 business days, depending on the amount and your relationship with the bank.
