cdaigle430
Veteran Member
This is a great question, always protect yourself. As for me I would ask cash only or go with the buyer to the bank and cash the check.
'until it clears' means clear their bank, not yours. Yours will credit you the cash up front unless they put a hold on the check, until, you know, it clears."hold the check until it clears" doesn't work the way you think. This is a common scam method. A check will appear in the balance of your bank account before it has ever been validated.
I have received lots bad checks and only avoided being taking by paranoia. Just say no. Have them write a check to Walmart and get a money order.
'until it clears' means clear their bank, not yours. Yours will credit you the cash up front unless they put a hold on the check, until, you know, it clears.
It's been a few years for me but I recall they wouldn't cash ithe check for me. That's why I have people open an account at a branch of the same bank I use. Then we go into my branch together and the teller can switch cash, without counting it out, from his account to mine and it's a done deal.This is a great question, always protect yourself. As for me I would ask cash only or go with the buyer to the bank and cash the check.
I'm really not a tin foil kind of guy.Wrap in foil and hide it. Should be fine.
Sooner or later, given time, even wire transfers can be bogus. Takes times for the theives to catch up to technology.Yup, wire transfer.
My cousin got a fake cashiers check. She caught it on time but, it appears nothing is safe anymore.