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When Paying Cash

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Old Mar 25, 2017 | 11:01 AM
  #41  
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old jack
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From: springfield ma
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Thanks for the replies. My problem is I deal with a local credit union and most likely will not find what I'm looking in this area. Carrying large amount cash scares me, maybe I could meet at sellers bank and they could get funds transfer for me.
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Old Mar 25, 2017 | 07:54 PM
  #42  
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St. Jude Donor '15-'16-'17-'18-'19-'20-'21-'22
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Originally Posted by JR-01
LOL. You really don't have a clue, do you?. You tell folks you can stop payment on cashier checks which is wrong. It is against the law. A cashiers check can be verified in a minute. Legit cashiers checks have the issuing bank name and phone number on it. A call can verify it instantly. Can you do that with counterfeit money?
The fact is, it is dangerous to carry large amounts of cash on you. A child knows that much. A cashiers check is safe and can be easily verified. And the truth is it is a against the law to stop payment on a cashiers check. Most large transactions in this country are made with cashiers checks, not cash. There is a good reason.

Give it up before you start looking like a fool. Only a fool would carry large sums of cash to make purchases.

Crooks don't use forged cashiers checks to buy cars. Too easy to get caught.
I will let you have the final word so you can tell everyone what a great idea it is to accept a cashier's check.

https://www.occ.gov/news-issuances/c...ry-2007-1.html

https://www.thebalance.com/cashier-s-check-fraud-315795

https://wallethub.com/edu/cashiers-check-scams/16192/
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Old Mar 26, 2017 | 03:50 PM
  #43  
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My last couple car transactions were handled as a bank-to-bank wire transfer. It was a breeze.
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