Re: Protecting Yourself from Counterfeit Checks

From: MV (MV@dc9.tzo.com)
Date: Tue Nov 08 2005 - 18:20:51 PST

I've had good luck with Paypal, but a lot of people don't want to run
more than $1000 or so through paypal as the fees get hefty.

I've had good luck and acceptance with Cashiers Checks drawn on a large
bank (Chase). Even better would be to accept a check from the person
and ask to go to a branch with them and have it cashed. Once cash is in
hand, sign off on the title and go. I did that once with a Ford car I
sold years ago for 5K or so. Doing things long distance is really the
problem. You don't know where they live, they don't know where you
live, unfamiliar territory etc. I guess overseas stuff has to be much
worse than that.

Even cash can be questionable. The local Sam's club has been testing
every $20 bill it receives now since their are so many bad bills
floating around right now.

Dave

 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Jeff Gatton wrote:
> How about PayPal? Or is that a dirty word?
>
> Jeff
>
> --- Stu <stuinnh@mvnut.us> wrote:
>
>
>>Money Orders!
>>If they can send check, they can send money order. Postal money orders are
>>best.
>>
>> "Stu"
>>Southern NH, USA
>>"Live Free Or Die"
>>
>>MVPA #14790
>>
>>1967 M151A1 Jeep 1964 M416 Trailer
>>1985 M1008 CUCV Pickup
>>
>>
>>
>>
>>
>>-----Original Message-----
>>From: Military Vehicles Mailing List [mailto:mil-veh@mil-veh.org] On Behalf
>>Of Mark W
>>Sent: Tuesday, November 08, 2005 10:19 AM
>>To: Military Vehicles Mailing List
>>Subject: [MV] Protecting Yourself from Counterfit Checks
>>
>>I'm in the process of selling a truck and would like
>>to know how to protect myself from fake cashier's
>>checks or money orders, etc. What I'm dealing with is
>>in the $7000 range. In the past I usually insist on
>>cash, but I always run in the question of checks. Is
>>there a way to protect yourself? Can a bank determine
>>up front if the check is valid. I had once heard that
>>even if it is a cashier check, the bank I deposit it,
>>still wants a few days to see if it clears.
>>
>>Thanks
>>Mark
>>
>>
>>
>>
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>
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