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If you take the $ order to the post office, they will give you cash if it is real, no issues down the road. Get cash, ship items to buyer.
Anyone taking one to a Bank to cash it are risking forgery, taking it to the Post office....done deal.
Not sure why so many can't figure that out.
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^^^ Problem with that is most Post Offices won't have the cash on hand. I've tried 3-4 times trying to cash a $300-$800 m.o. and they didn't have the cash. Makes sense, they're not a bank. So in these cases you have no choice but to deposit at your bank.
BUT....using the verification system gives you some pretty good comfort level that its not a fake.
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Good point, I have, but forgot, that is an issue I had also. I went to the closest bigger PO and was able to cash it. I had her call to make sure they had the funds before driving there.
I would expect if you asked them to get the $, they would be obligated to cash the money order they, as a company made, if given time to get the cash needed. They get $ every day to cover the smaller daily stuff, She said they could increase it to cover the money order if I could wait a day.
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Why not accept a personal check. Cashing and accepting personal checks are much easier with today's systems. Generally clear within 24 to 48 hours and the sender does not have to pay a silly fee or wait in line to purchase the money order. I have never denied a personal check from a member nor have I ever not had one clear. Much easier!!
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^^^^^ Main reason is having to wait so long to make 100% sure the check has cleared the bank for good. I've seen checks bounce after supposedly clearing the bank. I've also seen Amscott money orders returned NSF after clearing when they were purchased with a forged check.
USPS m.o.'s are like bearer bonds...same as cash to the recipient. I like them, cheap and easily verified. YMMV
Last edited by TallPine; 04/06/15.
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The beatings will continue until morale improves
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Had a USPS Express {overnite} letter with 2 big ones in it get lost in my local PO after it was "tracked" there ! Postmaster called a week later ; cleaners found it underneath a chest. Guy from Texas was confident and wealthy and wanted my stuff! Sent me another one after a few days . Laffed his azz off when I called and told him they found it.
REGISTERED MAIL - Safest way to send anything mailable. Takes a little longer than First Class, But is under LOCK&KEY every step of the way !
"Only Accurate Rifles are Interesting" (Colonel Townsend Whelen)
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Or just click a few buttons and transfer it immediately. No brainer
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Molan Labe
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Bump again for anyone that didn't see it before.
I've made a few sales lately and this has made receiving postal money orders so much nicer and safer than any other payment method imho.
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NRA LIFE MEMBER GOD BLESS OUR TROOPS ESPECIALLY THE SNIPERS! "Suppose you were an idiot And suppose you were a member of Congress... But I repeat myself." -Mark Twain
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Postal money order = epic waste of time
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Its all right to be white!! Stupidity left unattended will run rampant Don't argue with stupid people, They will drag you down to their level and then win by experience
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Bump for anyone that was not aware.
I just used the system again today, still works like a charm. I am able to ship off the buyer's item tomorrow without waiting for the money order to clear my bank...no worries about the money order being a fake.
Edit: looks like the Mods just made this a sticky/pin at the top of the Classifieds. Hope it helps some folks. Thx
Last edited by TallPine; 08/08/16.
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