Quote:
Originally Posted by MercuryT
Exactly.
I'd trust a bank cheque with Receipt over a suitcase of notes that are far easier to be fraudulent.
Dunno. Just seems so strange as previous Bank Cheques exist for a reason as full security for both parties.
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I believe at one time a bank cheque was considered as secure or even more secure than cash. If you lost a bank cheque, it was like losing cash, it was gone & you had to wait some time for the cheque to be stopped, before you could recoup the loss.
These days however a bank cheque can be stopped straight away, like a personal cheque. So the buyer could pay by bank cheque, drive away & stop the cheque before you had a chance to bank it. I've seen this happen several times.
Dr Terry