Ok, so if a company says that they'll take "money orders or cashier's checks only" they still have to take cash, right? I mean, it's legal tender for all debts public and private.

So, why would they say MOs and CCs only?

Any thoughts?

11/17/2005 9:37:37 PM

b/c they dont take cash...........duuuuuuuuuuuuur

we dont take cash where i work

11/17/2005 9:43:56 PM

Yeah, but isn't that illegal?

11/17/2005 9:51:40 PM

Cash isn't traceable. Whereas a MO or a cashier's check is. When I had to deposit into one of my accounts, they took only certain types of checks. It prevents money laundering. Also, you're an idiot if you think you can pay bills by sending cash through the mail.

11/17/2005 9:52:19 PM

I think you're right, it is illegal to refuse it. Call the cops and ask them though.

11/17/2005 9:53:33 PM

Well, yeah, I know not to send money through the mail; this is a place I'd walk to.

The ultimate thing here is that I'm cheap and I shouldn't have to pay $1.00 to get a MO when I can hand the person cash and they can give me a reciept (with which to trace it).

You know?

11/17/2005 9:53:56 PM

Well, fuck, I found the answer:

Quote :

"Question: I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal? Answer The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues." This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy."

http://www.ustreas.gov/education/faq/currency/legal-tender.shtml

End of thread.

11/17/2005 9:56:31 PM

Damn what a bummer, you just killed the thread, you could of at least strung the us along... sheesh

11/17/2005 10:09:08 PM