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Author Postal Orders
Eddie.2k
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Registered: 4th Dec 06
User status: Offline
1st Mar 07 at 20:47   View User's Profile U2U Member Reply With Quote

Do they work just the same as cheques? Do they need time to clear?

Bought something off ebay a while ago, sent a cheque away but wrote £36.00 in numbers and £33 in words, haha ooops now he's getting angry and asking for a postal order because it will be quicker
JadeM
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Registered: 9th Feb 06
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1st Mar 07 at 20:53   View Garage View User's Profile U2U Member Reply With Quote

I've no idea about Postal Orders either. Someone on ebay paid me by postal order a few weeks ago but I haven't tried to cash it yet. I would have thought the post office will just cash it there and then
nova_gteuk
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Registered: 15th May 02
Location: South Wales Drives: The Bandwagon
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1st Mar 07 at 20:56   View User's Profile U2U Member Reply With Quote

you go to the post office ask for a postal order for the amount needed,you send it to them,they get it take it to a post office and they will cash it there and then,no time needed to wait, its easier...

The post office also add a small fee for the postal order.
Ben G
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Registered: 12th Jan 07
Location: Essex
User status: Offline
1st Mar 07 at 20:57   View User's Profile U2U Member Reply With Quote

just recieved one today. can cash in as soon as you get it. takes no time to clear. it's basically money on a paper that is trackable through the post...
Eddie.2k
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Registered: 4th Dec 06
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1st Mar 07 at 20:58   View User's Profile U2U Member Reply With Quote

Cool sounds good, whats the down side to it? if there is any?
Ben G
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Registered: 12th Jan 07
Location: Essex
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1st Mar 07 at 20:58   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by JadeM
I've no idea about Postal Orders either. Someone on ebay paid me by postal order a few weeks ago but I haven't tried to cash it yet. I would have thought the post office will just cash it there and then


you know you only get 6 months to cash it in otherwise it will expire?
Ben G
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Registered: 12th Jan 07
Location: Essex
User status: Offline
1st Mar 07 at 20:59   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Eddie.2k
Cool sounds good, whats the down side to it? if there is any?


post office charges you a small fee. hardly anything. between 1% and 8.75% i believe depending on the amount. but to recieve one it doesn't cost you anything. you just take it to the post office and they give you the cash there and then.
JadeM
Premium Member

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Registered: 9th Feb 06
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1st Mar 07 at 21:04   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by KROOZUK-BEN
quote:
Originally posted by JadeM
I've no idea about Postal Orders either. Someone on ebay paid me by postal order a few weeks ago but I haven't tried to cash it yet. I would have thought the post office will just cash it there and then


you know you only get 6 months to cash it in otherwise it will expire?


No I didn't know, thanks for that
Welsh Dan
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Registered: 23rd Mar 00
User status: Offline
1st Mar 07 at 22:41   View User's Profile U2U Member Reply With Quote

Instant cash, but costs you a small fee to buy in the first place. Its £8.75 max though, rather than 8.75% I think.
nickyboy01
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Registered: 10th Sep 03
Location: Oxford-ish
User status: Offline
1st Mar 07 at 22:50   View User's Profile U2U Member Reply With Quote

They are only as easy as the person who sends them, if they cross the order or in most cases now the PO advises they are crossed (to stop people nicking them) you can only pay them into a bank and not exchange them for cash. Uncrossed ones are fine to cash at a PO.

Unless it has changed in the past 6 months.

 
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