The whole idea od cahiers checks being as good as cash are false. I took one for a watch I sold which later bounced. I was told that the buyer must have put a stop on the check as nothing had been initiated from the bank end. After inquiring amongst various bank officials it was confirmed. I later filed a claim with the police department as the watch was an expensive Rolex. After report was filed I turned it over to my insurance company who covered my loss as theft. I had a binder on the watch which may have had something to do with them covering it, but you may want to check anyway.
Day amp arrives Cashier check returned
Today an amp I shipped across the country arrived safely at it's destination. Oddly enogh while I was at the bank today I was informed that a rather large cashier's check did not clear.
I called the guy up and he answered the phone (good sign) He say's he does not understand what could have happened and will check in to it first thing in the mourning.
My bank say's he may have stopped payment on the cashiers check. They could not give me any other details. Just that I would be recieving the check back in the mail in a few day's
Does this kind of stuff ever turn out good? Or am I screwed?
I will follow up tomorrow.
I called the guy up and he answered the phone (good sign) He say's he does not understand what could have happened and will check in to it first thing in the mourning.
My bank say's he may have stopped payment on the cashiers check. They could not give me any other details. Just that I would be recieving the check back in the mail in a few day's
Does this kind of stuff ever turn out good? Or am I screwed?
I will follow up tomorrow.