jannosmit Posted August 6, 2012 Share Never deal with cheques. Only EFT's and send once it has cleared. And cold hard ca$h. Link to comment Share on other sites More sharing options...
milky4130 Posted August 6, 2012 Share Can u distinguish between an eft or cheque when drawing a statement? I don't think you can & that's the problem here hence the op & so many others got scammed, they think eft is cash, withdraw the funds & 2 days later bank retract funds due to bounced cheque & you sit with the debt. Link to comment Share on other sites More sharing options...
Stretch Posted August 6, 2012 Share Can u distinguish between an eft or cheque when drawing a statement? I don't think you can & that's the problem here hence the op & so many others got scammed, they think eft is cash, withdraw the funds & 2 days later bank retract funds due to bounced cheque & you sit with the debt. my statements show an image of a cheque if deposited by cheque Link to comment Share on other sites More sharing options...
scotty Posted August 7, 2012 Share Can u distinguish between an eft or cheque when drawing a statement? I don't think you can & that's the problem here hence the op & so many others got scammed, they think eft is cash, withdraw the funds & 2 days later bank retract funds due to bounced cheque & you sit with the debt.Don't know about all banks but mine does, i get shown 2 amounts, Balance which includes funds not cleared and Available Balance which is total of cleared money and available for me to use If someone paid in a cheque and claimed it was a cash deposit, the Available Balance will not reflect the amount and i know the person is talking BS. Link to comment Share on other sites More sharing options...
chris_w_65 Posted August 7, 2012 Share Don't know about all banks but mine does, i get shown 2 amounts, Balance which includes funds not cleared and Available Balance which is total of cleared money and available for me to use If someone paid in a cheque and claimed it was a cash deposit, the Available Balance will not reflect the amount and i know the person is talking BS. +1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now