Hi all,
I have also heard from a banker that a certified check can be cancelled with
a "stop payment" order from the issuer. This can be done even a couple
weeks after it has been cashed. We deal with wire transfers or cash only!
Jeff Snook
----- Original Message -----
From: "Randall" <ryoung@navcomtech.com>
To: <fot@Autox.Team.Net>
Sent: Monday, December 27, 2004 8:57 AM
Subject: RE: selling car to Japan
> > Don't take money
> > orders and assume they are good until your bank clears them completely.
Many
> > are forged these days.
>
> Just to emphasize Bill's point ... it's apparently not uncommon for the
bank to
> post the funds to your account and then take them back in a few weeks when
the
> counterfeit check/money order is discovered. One fellow was suspicious
enough
> to open an account just to cash the cashier's check, then withdrew cash
when the
> check cleared. The bank called the Feds and he was almost arrested !
>
> Randall
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