bo1968mar
|
posted on April 7, 2001 06:42:08 PM new
High bidder on one of my items did not want to send Money Order or Cashiers Check as I stipulated because he said his bank charged $60 for a M.O. and $20 for a cashiers check. He wanted to send personal check. Do banks charge this much for M.O. or C.C?
|
redskinfan
|
posted on April 7, 2001 06:45:57 PM new
that sounds like a load of....u know
|
gjsi
|
posted on April 7, 2001 06:52:05 PM new
My credit union charges $0.00 for a credit union check (same as a cashier's check), as long as I don't get more then 6 per month.
Greg
|
stan41
|
posted on April 7, 2001 07:01:38 PM new
My bank doesn't charge anything for bank money orders if you have an account there.
|
laum1
|
posted on April 7, 2001 07:03:33 PM new
Tell buyer to get a postal money order - less than a $1.
|
oldapostle
|
posted on April 7, 2001 07:03:48 PM new
Depending on the Money Order.
International Money Orders ( different kinds ) go from about $ 3 to $8.50
Depending on where you buy them and what kind of
service plan you have with your bank.
U.S. Postal Money Orders for U.S.A only, are 75 or 85 cents.( or use to be )
Cashiers check are between $ 0 to $5 depending on the bank and service.
Give you a good ball park any ways.
If the customer persists, except his personal check.
Hold the item till it clears, no exceptions.
Sounds a little fishy to me.
|
bo1968mar
|
posted on April 7, 2001 07:32:34 PM new
Thanks everyone for your fast replies, I thought this was a little fishy myself.
|
sshayler
|
posted on April 7, 2001 07:36:45 PM new
Hells bells! Even 7-11 sells money orders. I think they even charge only $1 for them. I don't know of too many areas that don't have a 7-11 or its equivalent somewhere nearby.
Sounds like a fish story to me too 
Sue
|
laum1
|
posted on April 7, 2001 09:07:49 PM new
You have to be careful with non-USPS money orders. They can be stop and buyer can claim lost in mail or something silly. Than they can get a refund on the money order.
I believe postal money order have a waiting period before anyone can file a loss claim. If you feel something fishy is going on, minimize your risk. Ask for a USPS one.
|
roadsmith
|
posted on April 7, 2001 09:50:25 PM new
$60 would buy a BIG load of you know what.
KMart and our post office charge about 50cents for a money order. Maybe 60 cents. (But not 60 dollars!)
|
sharkbaby
|
posted on April 8, 2001 07:13:15 AM new
Many grocery and discount store chains sell money orders for .25.....Albertson's, Smith's for example.
|
uaru
|
posted on April 8, 2001 10:00:50 AM new
he said his bank charged $60 for a M.O. and $20 for a cashiers check.
Sounds like he's using Vito Corleone's Savings and Loans as his bank. While the bank might be tops on collecting bad debts I don't think I'd use them for a M.O. or Cashier's Check.
I have heard that new accounts come with offers you can't refuse.
|
mikeselis
|
posted on April 9, 2001 06:43:23 AM new
Locally the grocery and drug stores in the suburbs charge .75 for Western Union money orders. Banks charge about $3, but they often give them for free if you have a few thousand dollars with them. Banks like to sell money orders and cashier checks because they can take the money out of your account (you no longer earn interest) and they can keep the interest until it gets back to them. On a cashiers check for $10,000 (buying a car) that can add up to fifty, sixty dollars in lost interest for you... In reality they should just give them away free at the banks assuming you have an account in good standing (you are still in the black).
|
mikeselis
|
posted on April 9, 2001 06:43:29 AM new
Locally the grocery and drug stores in the suburbs charge .75 for Western Union money orders. Banks charge about $3, but they often give them for free if you have a few thousand dollars with them. Banks like to sell money orders and cashier checks because they can take the money out of your account (you no longer earn interest) and they can keep the interest until it gets back to them. On a cashiers check for $10,000 (buying a car) that can add up to fifty, sixty dollars in lost interest for you... In reality they should just give them away free at the banks assuming you have an account in good standing (you are still in the black).
|
