Beware of counterfeit Cashier's Checks. I have a friend who sold a used car, met the buyer at the seller's bank, deposited the buyer's bank-issued Cashiers Check for $9000 and then signed the car title over to the buyer. DAYS later the bank determined that the Cahiers Check was bogus and reversed the deposit. Problem was that the check looked so good that the seller and the bank did not notice anything wrong. Luckily for my friend, his insurance covered the loss, considered to be theft (by deception). Caveat Emptor. Bob
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.