posted on September 19, 2003 08:14:45 AM new
Just a word of caution.
Many of us have probably, at one time or another, realized that we screwed up on the check we just wrote and made a correction, adding our initials to signify that it's "OK".
Customer sent me a money order that she had erroneously made out to the wrong seller. She crossed out the seller's name, wrote mine in and initialed it.
The money order issuer refused to pay it and returned it to my bank, citing the clause on the back that says "This money order shall not be paid if it is forged, altered or stolen."
If someone sends you a "corrected" money order, don't accept it.
Our motto: Bright and shiny baubles for persons with low impulse control.
posted on September 19, 2003 08:38:09 AM new
That may be a policy at some banks and not at others. If your bank refuses to accept the altered money orders then you should adjust your individual altered money order policy to sending back the money order. ( I can imagine a very irate buyer that gets one of those back )
-------------- sig file ----------- President John F. Kennedy said, "There are three things which are real: God, human folly and laughter. The first two are beyond our comprehension, so we must do what we can with the third."
)