For that kind of money you should take as long as it takes for your bank to assure you the check is through, and will take full responsibility. Any buyer sending a personal check for thousands of dollars should understand. Don't feel pressured to ship before you are sure. The risk is too great and the buyer placed it all on you.
How long do you wait for a check to clear
Hello, I'm selling some equipment for several thousand dollars. I told the buyer that I would take a personal check and send the equipment after it clears. My bank said that they couldn't tell me when it cleared, only if it was returned. They said that in most cases it should be ok in 10 business days. I'm not sure when to ship the equipment Does anyone have any experience with this? Help!!
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- 30 posts total
- 30 posts total