Posted: 2/22/2005 11:43:49 AM EDT
| A very frequent occurance on the EE that bothers me somewhat is the request for a postal money order. Now, having my own little tendancies to do things that no one else understands, I humbly ask for an explanation. Seeing as money orders, regardless of where purchased, are paid for in cash. Thus do not require a waiting period to "clear". So, why postal? |
|
Why less possibility of counterfeit. They are all more or less the same. And I was thinking Wells Fargo, not a bait shop. Although, I get better deals and screwed less at the bait shop............................. Keep in mind, Im no money order expert. Ive sent a good deal of them as payment, and this site is really the first place Ive seen the postal request. |
If you send a fake money order through the mail, that's mail fraud regardless of whether it's a USPS money order or a Moe's Bait & Liquor money order. |
Dido. Thats what i was thinking |
I'm not sure what kind of answer would "fill your needs," but the above are all pretty good responses. Postal money orders are preferred because they bring a little more power of the federal postal inspector than just a regular money order, and because the records of a federal money order purchase are self authenticating in most courts of record. You can refuse to pay with money orders if you want; just be sure you make that clear before you make an offer to someone. |
Yeah, but Moe's Bait & Liquor doesn't have their own SWAT team. 
|
No, but they've got The Gimp. |
Anything can be faked. Postal money orders would not be much harder than anything else. If the people on here are really that distrusting(not saying i blame them), why do they bother to sell at all. The original question was posed about small change items. I should have been more clear. I could understand big number things, over a thousand or something. Fraud is fraud regardless of where it comes from. The self authenticating, could be, never been to court for fraud. Certified funds are certified funds. If your gonna get ripped and someone really wants to do it you cant stop them. Maybe i just hate the post office. 
|
| The PO MO is recognized by most banks like a federal check, they're good to cash for full amount. Other MO's amy have a delay in processing and acceptance. As far as all that mail fraud talk, it's rarely enforced, so don't count on it helping you out. What you can count on though, is that if someone fakes a "johnny O's" MO, it's a big whoopdedoo, low level of FBI processing. However, when someone fakes a government based MO, then the secret service comes a runnin' |
