The person emailed and said they are sending an "international" money order. Are money orders treated like checks that they might "bounce" and I'll end up being charged? How do I make sure it is real and will be honored?
2006-11-26 11:32:44 · 4 answers · asked by shadowriches 2 in Business & Finance ➔ Other - Business & Finance
The M/O could "bounce" because it could be fradulent. I would contact the bank regarding the check before depositing to make sure its authentic or bring it in person to your local bank and ask them to verify it.
2006-11-26 12:16:43 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If they want to send you a money order for more than the cost of the item, and want you to refund the difference, DON'T!!!!! That's a very common scam right now - by the time it bounces, the money you sent is gone, your item is gone, and you owe the bank back for to value of the fraudulent money order.
You can ask your bank how long it will take to clear, and notify the seller that their item will be shipped after that.
Is the seller in some other country? If they're in the same country you are, there shouldn't be a reason to send an international money order. But if they're in a different country, and are sending you just what they owe, could very well be legitimate.
Good luck.
2006-11-26 13:01:04 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
I do know that when you get a money order, you pay the exact amount that the money order is for, so I do not know how it could bounce.
2006-11-26 11:42:41 · answer #3 · answered by old_woman_84 7 · 0⤊ 0⤋
What country is it coming from? Some countries are more suspect than others.
2006-11-26 11:38:51 · answer #4 · answered by dazed&confused 3 · 0⤊ 0⤋