I received a check from a customer (company check, not certified check or cashier's check) and I need to ship out the item. What I am worried about is, can they reverse the funds after I ship out the item? One of my friends experienced this kind of situation.
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They can stop payment on the check up until it clears, or they could claim it is a forgery after it clears and have it reversed. Your protections are limited when accepting checks. A lot of trust in the customer and the way we do business is needed.
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They can stop payment on the check up until it clears, or they could claim it is a forgery after it clears and have it reversed. Your protections are limited when accepting checks. A lot of trust in the customer and the way we do business is needed.
