How Do You Verify A Cashiers Check?
In today’s world, full of eBay, Craigslist and many other sites to sell and buy goods, one must be extremely cautious in accepting cashier’s check from strangers, especially from people who live outside the United States. Cashier’s checks are becoming popular ways to pay and popular ways to scam. Knowing how to verify a cashier’s check will protect you from becoming a victim. Be aware of scams with cashier’s checks. One of the newest scams debuted in 2002 is when people from other countries send a cashier’s check for goods plus an additional amount. The seller is told to wire the extra money to a third party and proceed with shipment of the item. The cashier’s check will later turn up fake, and the seller will be out the money wired plus his goods, according to snopes.com. Call the issuing bank to verify its legitimacy. One of the easiest and fastest ways to verify these checks is to call the issuing bank. However, with advancements in counterfeiting, proceed with caution and take the
