Postal Orders

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xxcharlottexx

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Sorry if this isnt in the right place

a while ago i posted about a seller from ebay sending me a postal order (even though i had stated paypal) and i was asking if anyone had, had one before

someone advised i take it straight to the post office and they would change it straight for cash there, however the post office said they couldnt do this as it was crossed so i had to take it to the bank.

The person at the bank said that it would be available to withdraw the money today but i was wondering if any one knew if the person could still withdraw the postal order or is my money secure and will not be able to leave the bank

Ive been trying to ring the bank to ask but they are having problems and my local bank isnt open on a satuarday to ask

But i dont want to send the saddle until i know for sure as when i messaged the seller to say that i had taken postal order to the bank but they had advised it would take 5 days to clear they replied saying...

"postal orders are instantly redemable at the post office like wise you can only have a postal order done by paying in full before they are printed. i need the saddle for this weekends competition which now do not have a saddle for. with £50 of quilifing entries for hoys now gone.i am not happy"

However the saddle was bought on the 14th march and i only recieved the postal order on the 24th! so if they needed the saddle that desperately they should have sent it sooner

the buyer sounded genuine in all her messages and has 100% positive feedback and i obviosly want her to be happy but i dont want to be out of pocket.

sorry this has turned out a bit long! so... is the money save in my account or can postal orders be withdrawn?
 
thanks you lot!
grin.gif
 
they have to pay cash to get a postal order, so it's actually not like a cheque that would come from their bank, more like a cheque fro the post office, but NOT a cheque if you know what I mean lol. anyway, i would send the saddle. Mind you. probably too late now if they were showing this weekend.... but they should have paid sooner.
 
Postal orders are as good as money, they have to be purchased & in fact they actually cost more than the face value. You can send the saddle, it will not get there in time but that is not your problem. I would hold back on leaving any feedback though until you see what the buyer leaves. If they leave negative you can reciprocate with their late payment etc. If they do the same & wait for you then that's a stand off & neither of you get feedback of any kind.
 
Firstly, the bank is absolutely correct that a crossed PO can only be paid into an account. You can redeem uncrossed POs at the post office counter. The buyer should have sent you the money immediately and if they wanted the saddle that quickly. While this buyer is probably 100% genuine - until the money is confirmed as cleared in your account, I would not send the saddle. There are a lot of dodgey POs out there as well as dodgey banker's drafts/building society checks.
 
alot of people send crossed p.o as it is a safer way meaning only you can bank it, it doesn,t usually bounce like a cheque but it has to clear the same as a cheque (i.e 3-5 working days)
i think the buyer was just being cautious that only you can bank but they will have to be patient while it clears
 
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