Posted on 12/14/2017 2:31:57 PM PST by grundle
You should probably hand carry checks for $800K.
If they insured it for the proper value, they would have no problem. Sending a document that way which pays the bearer is as dangerous as letting a TSA agent see it.
If it’s Brown, flush it.
Transfer the money electronic in seconds.
I do that on occasion to a relative. 3 day delivery for free or $15 for right away.
Ups won’t ship something worth 800,000 for 32 bucks. If they had insurance than yes UPS would be liable, but not for a normal envelope
Hang on. Let me check my front porch. I’ll check
back with you.....maybe.
I agree totally! UPS lost an important legal document last month that was specifically sent using express service instead of “ground”. Their own records show it was scanned in (by barcode) on three separate occasions within hours of dropoff — and then it disappeared inside their regional headquarters and has never shown up yet in a month. I will never use UPS for anything important again.
I think I would have driven 440 km for $846,000.
They didn’t “lose it”. Someone just past the X-ray station took it of the conveyor and out to his personal vehicle.
I cashed in and deposited a passle of United States Savings Bonds, I-Bonds, and as an aside the teller claimed there would be a “hold” on some of the funds. LOL! Kinda sketchy ya know, the US Treasury... jeeze louise, people are so idiotic these days. So I cashed them to cash, you know, pieces of paper with dead presidents on them, and then made the deposit. There is no “hold” on cash, I trust.
1. Wire Transfer - why not?
2. If someone for some bizarre reason must send a negotiable instrument through the mail, then it needs to be insured for $846,xxx right? I betcha UPS handles things a bit different in that situation.
3. Attorneys don’t always have a good reputation, but estate planning and that kind of thing, they can save a LOT of grief. With that kind of money involved I guarantee a sharp guy or gal would have said “No, uh-uh, we’re not doing it that way.”
Two words, Wire Transfer.
A wire transfer between the issuing bank and the recipient’s bank would seem to have been the safe way to do this.
Hey don’t blame UPS, can you say UNION — Teamsters ?
Being that they can’t even spell correctly, that may have what added to the confusion ;^)
Just cancel the check...and issue a new one.
A UPS employee stole it......probably then figured out there was no safe way to actually cash it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.