Money Orders-How can you tell if they are real or fake??

From: adi
Newsgroups: rec.games.pinball

What Mark said. DO NOT TRUST YOUR BANK TELLER dispensing advice. They
don’t know anything about scams and what they do, and they make a
little more than 7,8 bucks an hour. “Verbal” assurances do not work
with banks if they hit your with bogus claims and “your teller told me
so” won’t work e.g. Sorry, she was wrong/missinformed/ill
advised/inexperienced etc..

They will freeze your accounts (that is checkign and savings) until you
cough up the money.

Your bank is required by law to make the funds deposited to you within
2 business days. They do not have enough time in that timeframe to hit
the issuing bank about the funds owed to them (that takes about between
a week (5 business days) and 10 business days. After that you should be
fine. Same goes for personal checks and cashier’s checks.

If you want to know sooner, US Post Office issued money orders should
be scam proof. Same goes with the bank to bank money transfer, they
have to have the funds beforehands to initiate it and you get your
money within hours.

TO summarize, wait 10 days before you ship a machine, unless it’s a
bank to bank transfer, cash or USPS money order.

Adi
www.txpinball.com