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by ams6110 4454 days ago
Be careful, forged cashiers checks are a common scam.

As seller to protect yourself you need to e.g. meet the buyer at his bank and get cash or a certified check that the bank prepares at that time. Or use some kind of insured escrow service.

2 comments

Thanks AMS6110, We actually verify all cashiers checks immediately when received. It's usually pretty easy to google the bank the check is from and call them to verify the authenticity of the check.
Are there any better financial tools out there for this? Cashier's checks are almost free, but prone to fraud, wire transfers are bullet proof, but expensive.