Timeline for Received an unexpected cashiers check for over $2K from another state - is this some scam?
Current License: CC BY-SA 3.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Sep 14, 2018 at 5:59 | comment | added | Andrew Lazarus | That's part of the brilliance of using a cashier's check. Except when forged, these are generally credited immediately, as they are drawn at the bank. A personal check would be held, probably long enough for the scam to unravel. | |
| Dec 3, 2015 at 14:14 | comment | added | Davor | Yeah, this sounds like American banks have their heads completely up their asses. Is that really how you guys do things? | |
| Dec 3, 2015 at 10:25 | comment | added | AStopher | In a (not very similar, but related) scenario: I had to cancel my chequebook recently as I had lost it; this cancellation also (unbeknown to me) cancelled all cheques within it and as a result the only cheque that I wrote from it (a few months ago) that the recipient attempted to cash a couple of days ago, bounced instantly. | |
| Dec 3, 2015 at 10:23 | comment | added | AStopher | Don't banks in the U.S only cash cheques when the sender's bank authorises the transfer? Here in Europe there is a wait period of 2-5 days where the sender's bank is contacted to authorise the transfer; this means that when the money appears in your account it's yours and cannot be reversed (typically). | |
| Nov 30, 2015 at 14:27 | history | answered | gnasher729 | CC BY-SA 3.0 |