I am selling some merchandise to a stranger. What type of check can I request, so that that they cannot place a stop payment on it?
About the only check that fits that description is a bank cashier's or teller's check. Before you surrender the merchandise, however, contact the bank issuing the check and try to have them verify its authenticity. Be very wary if the purchaser shows up with a bank check for more than the agreed amount and asks you to refund the difference. That's the sign of a fraudulent check scam, and the "bank check" is sure to be worthless.
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About the only check that fits that description is a bank cashier's or teller's check. Before you surrender the merchandise, however, contact the bank issuing the check and try to have them verify its authenticity. Be very wary if the purchaser shows up with a bank check for more than the agreed amount and asks you to refund the difference. That's the sign of a fraudulent check scam, and the "bank check" is sure to be worthless.