[Nick]

I wish to sell something to a (newer) monkey here whom I don't really know, and who does not use paypal. Normally I'd say, accept a personal check and ship the the check clears.

He has suggested a Postal money order which I know nothing about.
I want to be reasonable, and also would ship sooner vs later if I can do so safely.

Will I be taking any additional risk by accepting the M.O.?

 

[Wumpus]

http://postalinspectors.uspis.gov/radDocs/consumer/moalert.htm

 

[binary visions]

A real postal money order is the same as cash.

Of course, forgeries can happen, but in order to receive the money order, the guy has to turn over cash to the post office, so it's treated like cash.

 

[Nick]

Thanks guys.

 

[splat]

and cash it at the Post office , they will know immediatly if it is legit or fake .

 

[4xBoy]

and cash it at the Post office , they will know immediatly if it is legit or fake .

+1

 

[Nick]

and cash it at the Post office , they will know immediatly if it is legit or fake .

Thanks!

 

[Sandwich]

yeah, legit money orders are as good as cash, but I don't think you can buy them for over $600. I bought $650 worth of hanebroke fork once and had to ship two $300/$350 money orders to the seller. This was several years ago, but the transaction went fine. Maybe it was COD even...

 

[cadmus]

If he sends extra, just write him a check for the difference. Happens all the time.

 

[MMike]

If he sends extra, just write him a check for the difference. Happens all the time when you're dealing with Nigerians.

fixed

 

[binary visions]

fixed

Nice work.

You managed to suck all the subtle humor right out of it.

 

[maddog17]

i didn't know you could cash them at the P.O. i'll have to remember that next time i sell something and want to save some money.

 

[ultraNoob]

Yes you can cash P.O. money orders at a P.O.!

Apparently P.O. money orders can go up to $1000 now.

http://www.usps.com/money/sendingmoney/moneyorders/welcome.htm

 

[trailhacker]

Yes you can cash P.O. money orders at a P.O.!

Apparently P.O. money orders can go up to $1000 now.

http://www.usps.com/money/sendingmoney/moneyorders/welcome.htm

Strange, about a year or so ago I got a postal MO and went to the local PO to cash it. They told me they didn't do that; I had to take it to a bank.
Must be new ?

 

[ultraNoob]

Strange, about a year or so ago I got a postal MO and went to the local PO to cash it. They told me they didn't do that; I had to take it to a bank.
Must be new ?

Probably. I've been getting postal M.O.'s for years and this is the first time I've heard about it. If its on the website, it must be true right?

 

[Poops McDougal]

Yes you can cash P.O. money orders at a P.O.!

Apparently P.O. money orders can go up to $1000 now.

http://www.usps.com/money/sendingmoney/moneyorders/welcome.htm

I think Postal MO's have had the $1000.00 limit for a year or two. In the not-so-distant past, I sold a bass to a guy in NY for $1200. IIRC, I received one for $1000, and one for $200.

I am the newer Monkey in question, btw.

 

[Quo Fan]

Make him drive to your town and give you cash.

 

[DirtMcGirk]

Explain that you know where he lives, and that there will be no Chrissie Pinney style shenanaigans. If it don't clear, you're coming over with a hammer, a vice grip, a gallon of gas, some pliers and a blow torch.