posted on March 7, 2005 03:50:56 PM
I have been selling on E-Bay for 5 years and have always excepted Money Orders without a problem. Now if I get anything money order that has International Money Order no matter who the company is my bank will not take it. I have put that I take Post Office money orders only in my ads but I get everything except. I hate to start excepting checks again because it will cost me dearly if I get a bad one, but this money order thing is becoming a pain.
**********************************
Two men sit behind bars,one sees mud the other sees stars.
If the MO is in USD and drawn on a USA bank, then yer bank should have NO problemos accepting it -- have ya spoken with someone at the bank in a supervisory position about this?
OTOH: there ARE "international money orders" which ain't drawn on a USA bank, &, yes, most banks will charge you an arm and a paw, if acceptable AT ALL!
OTOH: International Postal Money Orders are WUNDERFUL -- just donna deposit them! TAKE them to the PO & they will cash them for FREE
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
posted on March 7, 2005 04:13:22 PM
who is your banker and what are the exact words when you present the intl money order??
-sig file -------
Eat grass,kick ass,never go belly up!
posted on March 7, 2005 04:34:18 PM
My bank is a credit union and this one is a Travelers Express money gram but because it has International Money Order at the top but it is drawn on a bank in MN. I had gotten another one drawn on a texas bank that I finally had to cash at a check cashing place and pay the fee.
**********************************
Two men sit behind bars,one sees mud the other sees stars.
posted on March 7, 2005 04:47:43 PM
I think I will call the President of the Credit Union and ask him what the deal is.
**********************************
Two men sit behind bars,one sees mud the other sees stars.
posted on March 7, 2005 05:08:15 PM
If you're serious about international sales (and the higher profits to be gained) then you need to strike a relationship with a good bank that accepts money orders and drafts payable on other US banks without charge. They are cleared thru the Federal Reserve system daily.
We have a really good bank that has a close relationship with HSBC for all foreign transactions at cost. We can even order foreign currency cash at interbank rates when we need the odd Swiss Franc or Sterling to pay for smaller overseas purchases. Same goes for some of the smaller overseas banks we deal with - they offer excellent customer service from afar.
posted on March 7, 2005 05:44:06 PM
Stop is correct. A credit union is not a bank. Comparing a CU with a bank is like comparing a lemonade stand to McDonalds. Open an account at a real bank, preferably a nationwide one if you are going to be selling internationally. Then, re-read Tom's post above very carefully.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
posted on March 7, 2005 07:08:32 PM
International Money Orders (even if in US currency) from foriegn countries (including Canada) use a different routing number system that US checks/money orders. Most banks and credit unions won't accept.
If it is an International *Postal* Money Orders, you can cash at any post office. (although most postal clerks seem to have difficulty doing so)
posted on March 7, 2005 07:51:49 PM
intl money orders or drafts drawn on us bank clear the same way as domestic money orders and drafts as it has us routing numbers.
For example,bank of canada will issue intl money orders drawn on wells fargo bank(it maintains a correspondent banking relationship with wells fargo bank),the money order may read bank of canada on top,but if you look closer ,it will mention wells fargo bank and the routing number is wells fargo and the bank account number which follow is wells fargo account number assigned to bank of canada.
For some reason,California is a problem,someone here is mucho frustrated with canadian intl money orders as she tried to deposit in her calif bank.
Other states,no problem.
-sig file -------
Eat grass,kick ass,never go belly up!
[ edited by stopwhining on Mar 7, 2005 07:53 PM ]
posted on March 7, 2005 08:22:30 PM
Stop...The situation you describe above is exactly the same for Western Union money orders. They are drawn on Wells Fargo and have a special routing number. If you try to cash a WU money order at a Wells Fargo branch in California, a supervisor has to assist the teller with a special code. They are checking to make sure the MO is not counterfeit or stolen. The buck literally stops at that teller's window. If they goof, there is no chargeback, they eat it. I bank with Wells Fargo and go through this ritual several times a week. The end of the line for any money order drawn on Wells Fargo is their office on Montgomery Street in San Francisco.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
posted on March 8, 2005 04:36:58 AM
My bank charges me $7.00 for International money orders. I make it clear in my ad if they want to pay by money order, they will have to add that amount to the auction price. This is something they implemented a couple of months ago.
No, I'm not changing banks to accomodate international bidders. Other than that, my bank has been great and I've been with them a long time.
I wouldn't even consider taking an international personal check.
Cheryl
"No drug, not even alcohol, causes the fundamental ills of society. If we're looking for the source of our troubles, we shouldn't test people for drugs, we should test them for stupidity, ignorance, greed and love of power." ~ P.J. O'Rourke
posted on March 8, 2005 04:49:51 AM"My bank charges me $7.00 for International money orders."
THAT'S a very good price! Mine charges $30, which is why I do NOT accept them!
Of course, that's DIFFERENT than MOs in USD DRAWN ON A USA BANK for which there is NO CHARGE to cash, as they ain't no different than any other USA BANK MO
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
posted on March 8, 2005 08:22:10 AM
my banks charge 5-7 dollars for accepting incoming wire.
paypal is really the most economical way to go for both buyer and seller if you are willing to take the risk .
-sig file -------
Eat grass,kick ass,never go belly up!
posted on March 8, 2005 08:36:17 AM
BofA does not charge for international money orders. Of course they are not in every state. You don't actually have to change banks. YYou can simply open a small account at a bank that is more open to international commerce.
~~~ • ~~~ • ~~~ • ~~~ • ~~~
If it's really "common" sense, why do so few people actually have it?
[ edited by fenix03 on Mar 8, 2005 08:42 AM ]
posted on March 8, 2005 08:46:50 AM
I've never heard of a bank that DID NOT charge to handle: "international money orders" -- they require (UNLIKE MOs IN USD DRAWN ON A USA BANK) special handling & procedures...
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
posted on March 8, 2005 01:35:27 PM
One thing I want to clarify, This was NOT an International Money Order. It was sent from Ohio drawn on a MN Bank. I also want to say that I called several Banks and talked to them about depositing this type money order if I opened an account with them. From the information I received,taking these money order is worse than taking Checks,most Banks don't want them either. I have decided to go Paypal Only on my auctions. I don't know if these are a new type of money order or what,but I know I do not want to deal with them after talking to several banks(taking these are worse than a bounced check). Stops post got me to checking and I'm glad I did. Thanks to everyone for your input,you just saved me alot of headache. P.S. Cashed that one at a check cashing place and no more for Money Orders for me.
**********************************
Two men sit behind bars,one sees mud the other sees stars.
posted on March 8, 2005 01:48:08 PM"Now if I get anything money order that has International Money Order no matter who the company is my bank will not take it. I have put that I take Post Office money orders only..."
Well...
Ralphie is delighted that you cleared-up THAT mystery...
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
posted on March 8, 2005 02:45:58 PM
Not accepting international money orders i can understand. but not accepting ordinary moneyorders i dont. i live in australia. i accept your ordinary domestic moneyorders all the time. or i should say my friend in az does. He just takes them to the postoffice and cashes them. you must take id with you. he does not have any problems and never had one knocked back.
it never ceases to amaze me when it comes to pay pal. the number of americans that dont trust them. especially with the number of people on these threads that sing the praises of paypal. then you see how many wont use them. they must be bad when you guys wont use them.
i personally will not touch them. but i was just curious about you guys.
posted on March 8, 2005 03:28:47 PM
Me-&-Ralphie LOVE PayPal & use it everyday with COMMON SENSE -- which means we sure donna accept it from AUSTRALIA or NZ or ELBONIA or anyplace OTHER THAN a CONFIRMED USA address...
But then, our RISK TOLERANCE is ZERO -- we cannot afford to be screwed out of our moola by furrinneers...HAVE A NICE DAY, MATE
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
posted on March 8, 2005 04:22:46 PM
"Users on eBay represent countries all over the world. With eBay's vision and global business strategy, the company continues to expand its service and brand abroad. It is not uncommon to hear about eBay users in Korea buying items from users in the USA, or users in Australia buying from others in France. Currently, eBay has country specific sites in Austria, Australia, Canada, France, Germany, Ireland, Italy, Korea, New Zealand, Switzerland and the UK."
posted on March 8, 2005 04:57:43 PM
Yer more than welcome to assume all the RISK you wish -- when it comes to PayPal, I tolerate NO risk simply by accepting ONLY BidPay from non-USA bidders...
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
posted on March 8, 2005 05:59:47 PM
Travelers Express money orders have had "International Money Order" imprinted on them for years. I have received scores of them over the years and have never been charged a fee or had one questioned. I personally would dump a bank in a second if they employed tellers too stupid to figure out how to properly read and process one.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
posted on March 8, 2005 06:11:45 PM
As usual, Sparky, yer comments are...electrifyingly incisive!
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
posted on March 8, 2005 06:43:01 PM
BTW Tom. Since you sell internationally, it might be a good idea to mention in your description for those radios that they operate on 110 volts. Most anyone who would bid will probably know that anyway, but you don't want to take a chance on some bozo trying to fire it up on a 220 vac line. After all, some of them drive on the wrong side of the road, so it could happen
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
Well, so far, all the buyers are extreme collectors from GREECE & BELGIUM & CANADA!
Out of the first batch of SIX, only one didn't sell (tis on its first relist now) -- a really neato 40's SENTINEL AC/DC beauty that's realtively rare, but sadly ruined by a bid huge CHIP near the ON/OFF knob
Still hoping to get $20 for it for parts!
The MOTEL COIN-OP one whopped it up at $112
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
posted on March 8, 2005 07:51:21 PM
Be very careful when testing the AC/DC radios, especially if they have the original plugs and cords on them. Do not touch a grounded object such as a water pipe or any appliance that has a 3 prong plug on it while you are working with it. The original non polarized plugs, if plugged into an ac outlet backwards, can result in a hot chassis. Many a housewife has been electrocuted with those things trying to change a station while doing the dishes. The brass set screws in the knobs conducts 110 volts from the shaft right to the wet fingers. Be very careful and use common sense when testing them.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
posted on March 8, 2005 07:59:53 PMZ-I-P! Za-a-aP! Ewouch!
Actually, he has to test them at his home before turning them over to me -- if I blew the electrical system in my apt, I'd be up-da-creek...
"AARP? Ain't that a bunch of old geezers?"
After attacking the AARP, what next for the GOP?
According to Lester Fudgebucket, RNC Director of Stupidity, MOM and APPLE PIE!
Quote Lester: "Did you know that EVERY SINGLE MOM in history has been the same sex as...LESBIANS? And, all those FRUITS in Apple Pie are either Pinks or downright REDS!"
