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    Sending bank checks

    Here's a little heads up that just bit me in the A.
    I sold an enfield stock on ebay and the US buyer wanted to avoid paypal and use either a postal money order or bank check.
    US Postal orders are worthless in countries other than the US and I've just learned the hard way that bank checks are no longer honored. The check is physically sent back to the issueing bank and a wire transfer then requested. Cost? an extra $150, Time? 4-6 weeks to see the money, oh yeah, plus the extra charge for the making the currency exchange.
    Its all thanks to the mafia printing those perfect bank checks over the last few years that bounce weeks after the bank has paid out.
    The solution here is to cancel the check and get the money wire transfered and take out that middle bit where the time and money disapears.
    Use paypal, cheaper and much faster by far, just don't get them excited.
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    Last edited by RJW NZ; 11-11-2009 at 02:59 AM.

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