(Topic ID: 322417)

Allowing buyer to buy with check?

By medeski7

1 year ago


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  • 63 posts
  • 45 Pinsiders participating
  • Latest reply 1 year ago by GregCon
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    #8 1 year ago
    Quoted from Bud:

    Zero risk if they are willing to wait until the check clears. Another option would be a cashiers check from their bank. I wouldn’t worry about it.

    Not even close to zero.

    The problem is you don’t really know when the check clears. Your bank may give you access to the funds sooner, but checks can be returned weeks later.

    Fake cashiers checks or stolen personal checks sometimes takes a while to sort out.

    Never take a check of any type from someone you don’t know.

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