Cashier's check question

Discussion in 'Archived Threads 2001-2004' started by Robert_Z, Feb 26, 2003.

  1. Robert_Z

    Robert_Z Screenwriter

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    Is it common knowledge that you cannot stop payment on a cashier's check? I had no idea. I bought something online, and when I got a bad vibe about the seller, I tried to stop payment on the check with my bank, but they said stopping payment was not an option. So now after dealing with this snake of a salesman, I am over $500 lighter in the wallet. [​IMG] [​IMG] [​IMG]
     
  2. BrianW

    BrianW Cinematographer

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  3. Denward

    Denward Supporting Actor

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    That's the whole point of a cashier's check, certified check, or money order. If you get paid with one of these, you know it's 99.99% as good as cash.

    BTW, a little off topic, but can anyone explain the diff between a cashier's check and a certified check?
     
  4. Philip_G

    Philip_G Producer

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    cashier's check is supposed certified funds, people can count on it not bouncing.
    I can't tell you the difference between a cashier's and a certified though.

    Just as a sidenote, I know some motorcycle dealers don't accept cashier's checks any longer, unless they can call the bank to verify them. They get stolen checks that have been typed in by a theif, or they're outright counterfeit.
     
  5. Robert_Z

    Robert_Z Screenwriter

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    Well, I am 32 years old, but I had never written a cashier's check until this episode. I had no idea there were special rules for cashier's checks vs. personal checks. I just thought it would be cool to send a cashier's check for the heck of it. You know, a first time for everything. Plus, I did not want this person to have my bank account number which is on my personal checks, so I decided to send the cashier's. No one at the bank told me it could not be stopped until a few days later when I tried to put a stop on it. I guess to them it is common knowledge too.
     
  6. Don Black

    Don Black Screenwriter

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    My bank has no problems stopping payment on a cashier's check issued by them (personal checks too of course). They charge a fee but can certainly do it.
     
  7. KyleS

    KyleS Screenwriter

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  8. Michael Reuben

    Michael Reuben Studio Mogul

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  9. Philip_G

    Philip_G Producer

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  10. Brian Perry

    Brian Perry Cinematographer

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    The distinction would be that it cannot bounce (unless, of course, the bank went under) but can be stopped.
     
  11. Yee-Ming

    Yee-Ming Producer

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  12. Michael Reuben

    Michael Reuben Studio Mogul

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  13. Robert_Z

    Robert_Z Screenwriter

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  14. Leila Dougan

    Leila Dougan Screenwriter

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    Robert, I would personally keeping climbing the management ladder until you reach someone that is willing to make your situation right. Call the corporate office, if need be. The bank really ought to compensate you (minus the stop check fee) because they're the ones that hired the dimwit in the first place.
     
  15. Michael Reuben

    Michael Reuben Studio Mogul

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    Robert, does the bank record their customer service calls, and, if so, do they have a recording of your call? If you can document that you requested a stop payment, the bank may be legally obligated to compensate you. (I'm assuming you didn't send a written request.)

    It's worth asking.

    M.
     
  16. TonyTone

    TonyTone Supporting Actor

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  17. Philip_G

    Philip_G Producer

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    I'm sorry to hear that [​IMG]
    I would have lost it right there.
    unfortunately, experiences like your's with a credit union are exactly why I no longer give them my business.
     
  18. Robert_Z

    Robert_Z Screenwriter

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  19. Michael Reuben

    Michael Reuben Studio Mogul

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  20. Shayne Lebrun

    Shayne Lebrun Screenwriter

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