Does a Postal Money order need to "clear"?

I sent a Money order to my seller and he says he will ship when it clears. Is this necessary?

shoe06-11-2008 6:46pm

s7horton Details Discussions Posts This discussion Message User 1,077 posts 06-11-2008 at 06:55pm Copy Comment URL Report Comment Edit Delete Postal should not. You probably paid for it with cash. A money order from a bank does have to clear.
tiger Details Discussions Posts This discussion Message User 313 posts 06-11-2008 at 07:03pm Copy Comment URL Report Comment Edit Delete When it is deposited, it could be returned. UsPS does maintain a 'stolen' do not pay list, which is sometimes checked. It does not hurt the seller to wait 10 busines days to be sure.
ncarv Details Discussions Posts This discussion Message User 983 posts 06-11-2008 at 07:19pm Copy Comment URL Report Comment Edit Delete You can take a postal money order to any post office and get cash immediately, assuming they have enough money to cover it.
narrod Details Discussions Posts This discussion Message User 1,064 posts 06-11-2008 at 08:48pm Copy Comment URL Report Comment Edit Delete They are counterfeited so I can see a seller might want to wait. They can go to their local post office and verify that it is genuine and not stolen.
tom_hankins Details Discussions Posts This discussion Message User 928 posts 06-11-2008 at 09:42pm Copy Comment URL Report Comment Edit Delete I can see the seller wanting to wait if he deposited the M.O. directly into his account instead of going to the post office to cash it.