shanvan Posted August 30, 2012 Share Posted August 30, 2012 I asked (last week I think) this before in another thread. A buyer paid me with a MO for a set of books. I reduced the cost from $17 to $15 (I think I have the figures right). The MO is an international MO and my bank will charge me $30 if it is not valid after they deposit it. If I cash it with them and it bounces they will charge me $15. I checked the issuer's website and there is no authorized cashing agent near me. Today I called a check cashing place to cash it b/c they said they verify MO before cashing them. The employee says there is no way they would collect from me if the MO is bad b/c they will verify it. Seems good. I dragged myself out of the house because I need medicine for this awful cold and stop at the check place on the way. I get there and there are signs everywhere that say there are fees if your check doesn't have funds (seems like that would apply to a MO too). To 'verify' the teller calls the phone number on the MO, which you are never supposed to do. After she 'verified' she wanted me to hand over my driver's license and give her my SS # on the back of the MO. I did not cash it. No way Dh would be happy to hear I just handed over all my info for $15! I already emailed the buyer and told her I'm having difficulty cashing her MO. SO I'm left with several options. Which would you do? 1. Cash the MO at my bank and mail the items. If I get charged the $15 I'll only lose the shipping and I can look at it like I made a nice contribution to a fellow homeschooler. 2. Cash the MO and wait to see if I get charged by the bank b/c the MO is bad. Only send the items after I know the MO is fine. 3. Send the MO back to the buyer. If you can think of something better, let me know! Quote Link to comment Share on other sites More sharing options...
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