Fred :
That's not "odd banking practices", that's a rip-off !
It might be true that a cashier's check takes a little longer to clear,
although I doubt it. However, it is drawn against the banking
institution that you bought it from, and guaranteed by the federal
government to be good ! There is absolutely no legitimate reason for
your vendor to wait for it to clear (except perhaps he didn't really
have the parts and had to wait for them to come in from TRF <g>).
Randall
Fred Thomas wrote:
>
> 3 weeks ago I ordered some parts from a vendor here on the east coast
> (used), called the shop back the next day to inform him I had sent a check
> in overnight mail, please expedite ASAP, called the next day to verify he
> had the check, "Yes, it arrived", waited 2 weeks, no parts, called the
> owner, he has to wait 2 weeks for a "Cashier's Check" to clear his bank, he
> said banks operate different down south than up north, being a "cashier's
> check" takes a few days longer to clear, and I paid 11.95 for "overnight",
> some odd banking pratices around. "FT"
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