Home
Don't have an account? Create one now! It's always free!


Forgot Password
Ed's Auto Parts - Mention MOTORGEN for a Discount!
Motorgen Sponsor: McLeod Racing
Motorgen Sponsor: American Muscle - Add style and performance to your Stang
Motorgen Sponsor: Hall Fabrication & Racing
Motorgen Sponsor: Injectors Plus - Performance Fuel Delivery Systems
Reply
 
Thread Tools
Old 12-29-2010, 08:48 PM   #1
VettezukiVettezuki is offline
I, Vettezuki
 
Vettezuki's Avatar
 
Join Date: Feb 2006
Posts: 14,754
Default Best way to safely receive payment?

So other than cash, what are the best ways to receive a safe payment? Obviously a personal check can go boing and I don't even think a cashiers check/money order is guaranteed.
__________________
Motorgen on
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Motorgen on
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Motorgen Project Car
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
(active)
Motorgen Project Car
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
(back burner)
  Reply With Quote
Old 12-29-2010, 08:50 PM   #2
SeanPlunkSeanPlunk is offline
Resident Avatar Gambler
 
SeanPlunk's Avatar
 
Join Date: Nov 2006
Posts: 5,997
Send a message via AIM to SeanPlunk
Default

Quote:
Originally Posted by Vettezuki View Post
So other than cash, what are the best ways to receive a safe payment? Obviously a personal check can go boing and I don't even think a cashiers check/money order is guaranteed.
In order of safety:

1) Cash/Paypal/Wire
2) Cashier's Check
3) Money Order
4) Personal Check
__________________
Insanity: doing the same thing over and over again and expecting different results.
  Reply With Quote
Old 12-29-2010, 09:05 PM   #3
VettezukiVettezuki is offline
I, Vettezuki
 
Vettezuki's Avatar
 
Join Date: Feb 2006
Posts: 14,754
Default

Quote:
Originally Posted by SeanPlunk View Post
In order of safety:

1) Cash/Paypal/Wire
2) Cashier's Check
3) Money Order
4) Personal Check
What's the distinction between a cashier's check vs. money order?
__________________
Motorgen on
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Motorgen on
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Motorgen Project Car
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
(active)
Motorgen Project Car
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
(back burner)
  Reply With Quote
Old 12-29-2010, 09:26 PM   #4
SeanPlunkSeanPlunk is offline
Resident Avatar Gambler
 
SeanPlunk's Avatar
 
Join Date: Nov 2006
Posts: 5,997
Send a message via AIM to SeanPlunk
Default

Quote:
Originally Posted by Vettezuki View Post
What's the distinction between a cashier's check vs. money order?
A Cashier's Check is made payable to a specific party and is guaranteed funds from the financial institution. A money order is not made out to anyone specifically and is thus easier to do a stop payment on.
__________________
Insanity: doing the same thing over and over again and expecting different results.
  Reply With Quote
Old 12-29-2010, 09:29 PM   #5
VettezukiVettezuki is offline
I, Vettezuki
 
Vettezuki's Avatar
 
Join Date: Feb 2006
Posts: 14,754
Default

Thanks for the info.

Probably also give a Bill of Sale with signature and enumeration of what is sold for how much to who.
__________________
Motorgen on
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Motorgen on
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Motorgen Project Car
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
(active)
Motorgen Project Car
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
(back burner)
  Reply With Quote
Old 12-29-2010, 09:39 PM   #6
DarkestSpadeDarkestSpade is offline
Black as death, hotter than hell, and sweeter than love.
 
DarkestSpade's Avatar
 
Join Date: Jun 2010
Posts: 96
Default

What was her name? I always have to pay up front cold hard. (no pun intended)
  Reply With Quote
Old 12-29-2010, 09:54 PM   #7
kdracer73kdracer73 is offline
Senior Member
 
kdracer73's Avatar
 
Join Date: Apr 2008
Posts: 1,557
Default

I've heard cashiers checks are a big problem lately. Fakes look good, even the bank cashiers have been fooled. Then a week later you get dinged for a deposit reversal.
__________________
I drive a hybrid, It burns gas and rubber..
Alcohol Tobacco & Firearms should be a convenience store, not a government agency.
  Reply With Quote
Old 12-29-2010, 10:45 PM   #8
SeanPlunkSeanPlunk is offline
Resident Avatar Gambler
 
SeanPlunk's Avatar
 
Join Date: Nov 2006
Posts: 5,997
Send a message via AIM to SeanPlunk
Default

Quote:
Originally Posted by kdracer73 View Post
I've heard cashiers checks are a big problem lately. Fakes look good, even the bank cashiers have been fooled. Then a week later you get dinged for a deposit reversal.
Usually the fakes we get look pretty crappy. Fake cashier's checks do come in occasionally though.
__________________
Insanity: doing the same thing over and over again and expecting different results.
  Reply With Quote
Old 12-30-2010, 12:13 AM   #9
SoCalC55SoCalC55 is offline
Senior Member
 
SoCalC55's Avatar
 
Join Date: Jan 2009
Posts: 540
Default

Quote:
Originally Posted by SeanPlunk View Post
Usually the fakes we get look pretty crappy. Fake cashier's checks do come in occasionally though.
ill second this

if you want to be crafty, have the person give you the business card of the officer at the bank the official(cashiers) check was issued off of. Then give said officer a call upon receipt of the check.
__________________
2006 C55 AMG
  Reply With Quote
Old 12-30-2010, 01:05 AM   #10
DamianDamian is offline
Senior Member
 
Damian's Avatar
 
Join Date: Jun 2009
Posts: 2,509
Default

Paypal?
__________________
93 GMC Typhoon: new money pit/PITA. Now GT3788R powered.

Boost, because sometimes atmospheric pressure just isn't enough.

"If it has tit's or tires, you can be pretty sure your going to have problems with them..."
  Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -7. The time now is 01:33 PM.