A person can put a stop payment on a Bank money order. I spoke to rep at citibank. I would not ship item till money order was paid by issuing bank. It was for $ 10,000.00 The money order was issued by an out of state bank with no branches in my area otherwise you can go to that bank an cash it. I take no chances on large deals. Western Union is also great they will give you immediate cash. I just discuss these details with buyer before hand so there are no misunderstandings as Agoners (myself included) must have that new piece ASAP as it may change our lives!
Postal Money Order versus Bank Money Order ???
Crazy question, but is there a difference between a US Postal Money Order and any other Money Order drafted from a US Bank account??? I notice some guys here very specifically note that they want a "US POSTAL MONEY ORDER ONLY!!". I thought all money orders were guaranteed funds??
R.