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Thread: a stupid question

  1. #1
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    I have received checks and cashed them with no problem,but sometimes people say send the order "after the check has cleared" I am dense,,,how do I know if it cleared??

  2. #2
    Power Poster sueisallaboutquilts's Avatar
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    You can check with your bank. Many times they can tell you if the funds are in that person's account to cover it.
    I used to do that when Ebay allowed sellers to take checks.
    And you're not dense!! :D

  3. #3
    Super Member KathyAire's Avatar
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    Quote Originally Posted by Riversong
    I have received checks and cashed them with no problem,but sometimes people say send the order "after the check has cleared" I am dense,,,how do I know if it cleared??
    I think, if the check doesn't clear, your bank will let you know. If they gave you cash, they will deduct it out of your account. If I order something by check, it takes about two weeks before they will even ship my order.
    Speaking of being dense, before I retired, my working partner and I always referred to ourselves as 'dumb and dumber', whenever we had a question.

  4. #4
    Moderator sharon b's Avatar
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    Not a stupid question - a lot depends on where you live and how far away the person lives from you that sent the check - some can take as little as a day others a week or more . You can ask at the bank when you take in the checks for deposit if they know about how long it will take and trust me you will hear from the bank if the check does NOT clear :wink: LOL

  5. #5
    Mimito2's Avatar
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    The only dumb question is the one not asked.

    Am I to trusting? I have mailed the package the day that I received the check as of yet I have not been burned.. I think of it as if you can live with yourself I can live without whatever was purchased or I would not have been selling it in the first place. I firmly believe what goes around comes around and it bites you when you least expect it.

  6. #6
    Super Member donnajean's Avatar
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    I tell the buyer ahead of time that I hold orders up to 5 business days before mailing the order. Fortunately, many QB members now use Paypal. Paypal is much safer than mailing a check now a days.

  7. #7
    Super Member C.Cal Quilt Girl's Avatar
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    Only S/Q is the one not ask

    Keep in mind some banks will hold funds, check w/your bank, worked in a situation once that, people would send someone a check, and ask the person to send cash back for lotto or inheritance, taxes out of country, they would then poof the funds wern't any good and the person was out several hundrds or tousands of dollars.

  8. #8
    Super Member Treasureit's Avatar
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    When I accept checks I say 7-10 days to clear...which means I just hold the merchandise that long and if my bank hasn't contacted me that there was a problem with the check I ship the items. It is still risky as a seller, because sometimes it is a longer time before they tell you about a bounced check. As a seller you don't really know for sure if a check cleared as a buyer you can check your account and see if has been processed.

  9. #9
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    Too many bad people out there have ruined it for the good. They even make up fake certified checks! Best to check with the bank to make sure it cleared.

  10. #10
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    I prefer sending US Postal Money Orders. I feel that they are far safer and doesn't let anyone have my checking account number, which many of the scams want to know.

  11. #11
    Super Member starshine's Avatar
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    Your bank can tell you if the check cleared. When you deposit a check the bank will post it but if the check doesn't clear (meaning the bank the checking account is in doesn't pay the funds to your bank-can be because there isn't enough cash in the account or the writer of the check put a stop payment on the check) then your bank will subtract that amount from your account. And your bank may also be charging you a fee in the case of insufficient funds. You might be able to get the information by calling your bank and asking if the transaction has cleared. You may want to stop in the bank and talk to one of the bankers and have them explain all the variables and let you know what you need to know about transactions.

  12. #12
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    Quote Originally Posted by Ramona Byrd
    I prefer sending US Postal Money Orders. I feel that they are far safer and doesn't let anyone have my checking account number, which many of the scams want to know.
    Unfortunately, there are fraudulent postal money orders too...I read about that when I use to sell on ebay.

    I prefer paypal, but still take checks - and thankfully haven't had any problems to date. I figure it I lose out on a sale due to a bad check, then I will stop accepting them...and I will post a warning to all others who the bad person was!

  13. #13
    Super Member sewwhat85's Avatar
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    it has become a crazy world

  14. #14
    Super Member SherriB's Avatar
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    If I am selling something and they pay by check (here only), I usually go ahead and mail the item the day I receive payment, or the next day the PO is open. I hate to pay anything by check. I don't like knowing I have a check out there. I prefer to pay with a money order or get a cashiers check from the bank. I had a check for only a couple dollars bounce, costing me over $30!! Since then, I have rarely written a check.

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