Cashier's Checks
A cashier's check, in countries where it is accepted, is often the safest way to transfer money using ordinary mail. Never use personal checks when you can use cashier's. The same applies when receiving checks. If you get a personal check there is no way to know if that account has any money in it. The bank issues cashier's checks upon receipt of the cash specified, so you know they are good. The problem with overseas checks is that they are likely to be in another currency and you will again have to contend with fluctuating market rates.
Friday, March 19, 2010
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