Any Reason a Postal Money order might not clear ? - Page 2

Conder101 · 11-11-2009, 05:52 PM

I can think of only four reasons.

MO was stolen, does not appear to be the case here.

A stop payment order on the MO, also does not appear to be the problem.

If the amount is too large the PO will not cash it at the window, and you would have to deposit it in the bank.

human error entering information into the system. And I would expect that error to be on the cashing end not the purchasing end. The purchasing amount and serial # are entered into the system and I believe printed on the MO at the same time. But if at the cashing end they enter the wrong # or amount it won't match what is in the system. If the wrong info was typed in at purchase that same wrong info will be printed on the MO and the sytem should still find it if re-entered the same.

coinman0456 · 11-11-2009, 06:23 PM

Who is telling you it won't clear? a bank? or the Post office? The only reason a postal money order won't clear is if it is "stolen" in which case either the bank or the post office would have notified you and held the money order.

chip · 11-11-2009, 06:54 PM

wow, this is a first, I never heard of a problem with a postal money order before. I use postal money orders a lot, mainly because if someone messes with them they are committing a federal crime, and here in Illinois, there is so much corruption that you cant hardly trust the legal system much.

goldcollector · 11-12-2009, 01:06 PM

Quote:

Originally Posted by fretboard

I'm glad to see that this question has been posted but taken aback by the responses given. I am the one who sold a coin and received the money order and I assure you anything can happen in this time of internet and electronic technology.

The postal lady I took your money order couldn't give me a reason for why it wouldn't clear. That doesn't mean that I am a rip off and I am really pixx-ed!! that some of you responders would once again just answer blindly!!

My word is my bond!! This money order will clear! The postal lady did say that she called an agent back East to find out what the problem could be. I don't know why she called back East instead of in WA. I didn't ask. It could be a computer glitch or any number of things.

goldcollector,
My word is my bond, but if you are leery for any reason at all just let me know so I don't try to cash a mo that has a stop payment on it. My name, drivers license number and everything else is on that mo just like I told you. If you want to back out of your purchase, just let me know.

I may joke around alot but when it comes to transactions of any kind I am totally honest!!!!!!!!!!!!!!!!!!!!!!! My word is my bond!!!!!!!!!!!!!! later

No man, I wasnt trying to suggest anything against you. I have just had trouvles in the past with the post office, like them losing a package and refusing to pay the insurance that had been paid for. Why buy extra insurance on a package when they wont pay the insurance ? I wasnt trying to accuse you of anything. Just mad at incompetence of post office sometimes. No reason for it not to clear, I am confident it will today.

fretboard · 11-12-2009, 09:26 PM

Quote:

Originally Posted by goldcollector

No man, I wasnt trying to suggest anything against you. I have just had trouvles in the past with the post office, like them losing a package and refusing to pay the insurance that had been paid for. Why buy extra insurance on a package when they wont pay the insurance ? I wasnt trying to accuse you of anything. Just mad at incompetence of post office sometimes. No reason for it not to clear, I am confident it will today.

goldcollector,
I sent you a PM, not a problem it was cashed today and I sent off your coin. enjoy!!
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I can't believe how much trouble I had cashing a simple money order! I stopped by there this morning and the post man told me, "oh you'll have to come back at lunch time, I don't have that much cash". Unbelievable!! Anyways, I went there around 4:15 today and it was cashed. I'll tell you, it didn't seem like the PO likes cashing money orders maybe it's alot of work for them. I don't know, but my view point is still the same. They issue them so they should be ready to cash them. They should be especially ready since there has been so much fraud with checks, stolen money orders and just electronic abuse in general.

Oh incidentally I went by the PO by my wife's office to save time that's where all this stuff happened. I don't think I will go to that location anymore, just a thought.

Conder101 · 11-12-2009, 10:43 PM

Could be a GOOD thought. Some post office branches seem to be a lot more trouble than others

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