That's exactly right. Go to the bank the check is written on and cash it. Why would a seller agree to a personal check in the first place. Sellers should at least require a Cashier's Check or Money Order, but the risk is equally on both sides in these transactions. I always get a little nervous when FedEx delivers my Cashier's Check and the communication suddenly stops. Fortunately I haven't been burned yet.
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!!