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  #1  
Old 12-07-2005, 06:28 PM
KYLECODY KYLECODY is offline
 
Join Date: Apr 2003
State: Arizona
Professional Status: Certified Residential Appraiser
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cancellable? Not sure if thats a word. Requested a personal , local check for an assignment from a local one time wonder client. They messengered over a Postal Money Order for the amount. Are these safe or can they be cancelled down the road?? Can I go straight to the Post Office and cash it? Thanks.
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Old 12-07-2005, 07:07 PM
xm72mhd xm72mhd is offline
 
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State: Florida
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I've never tried to cash a money order. I think you have to do that a bank. My understanding is that they cannot be cancelled.
  #3  
Old 12-07-2005, 07:12 PM
deturner deturner is offline
 
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Location: Kansas City
State: Kansas
Professional Status: Certified Residential Appraiser
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What I understand is they can only be purchased with cash and are just as good as cash. These can not be cancelled.

DaveT in NC
  #4  
Old 12-07-2005, 07:21 PM
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Ray Miller Ray Miller is offline
 
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Location: Southwest Wisconsin
State: Wisconsin
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They can not be cancelled. In the past I have cashed them at the post office with proper ID or traded them for stamps which can be sold on the black market in Mexico.
  #5  
Old 12-07-2005, 10:16 PM
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Otis Key Otis Key is offline
 
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Location: Mile High
State: New Mexico
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Ditto Ray's response - they can't cancell them from what I understand - but then cash works better and you don't have to worry
  #6  
Old 12-08-2005, 10:04 AM
xm39hnu xm39hnu is offline
 
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State: Florida
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They can't stop payment on a postal money order. Just deposit it like a check, or cash it at a post office or bank.
  #7  
Old 12-08-2005, 10:12 AM
Mountain Man Mountain Man is offline
 
Join Date: Jan 2002
Location: North of the ATL.
State: Georgia
Professional Status: Certified General Appraiser
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You may not be able to stop payment, but they darn well can be counterfeited.
But then again, with how good computers and printer are now, so can a “Certified Check”.
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