Forum Discussion
Ductape
Dec 02, 2017Explorer
rockhillmanor wrote:Ductape wrote:
There's no risk of receiving a bad check if you go to the institution it's drawn on and cash it. The funds are going to be verified before they count out the cash.
Which the OP was prepared to do with the seller.
Yes there IS a risk.
First of all What's wrong with that scenario is banks today will NOT let you cash a check on a bank that you do not have an account with. Thank the patriot act for that one.
AND if you are going to his bank to cash it, you can go to his bank WITH him and he can draw out CASH. If legit there is no reason for him to write you a check. :R
Roll your eyes all you want, you're still confused about the difference between bank policy and law. And if you'd comprehended the OP, you'd know it's the proceeds of a credit union loan, not the OP's cash backing the check.
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