Alot of my vendors told us that the last payment is cash only...no checks money orders, etc. The bridal salon told me the same thing also. So I wouldn't worry.
all my vendors are last payment in cash or cashiers check.....its a security to them that they will get their money and not get a bouned check
Posted by PreshusSmurf
It makes perfect sense if you think about it ...
It takes time for a check to be cashed, hence the 2 week timeframe you mentioned.
They just want to be sure they have their money when you have the merchandise ... or in the case of a limo, before they perform the service you hired them for.
Once you have the merchandise/service, and they check bounces, they can try to fight you on it .... but they may never get their money from you.
Its good business practices on their part, regardless of if its a bit inconvenient for the customer.
Posted by missK
Posted by PreshusSmurf
It makes perfect sense if you think about it ...
It takes time for a check to be cashed, hence the 2 week timeframe you mentioned.
They just want to be sure they have their money when you have the merchandise ... or in the case of a limo, before they perform the service you hired them for.
Once you have the merchandise/service, and they check bounces, they can try to fight you on it .... but they may never get their money from you.
Its good business practices on their part, regardless of if its a bit inconvenient for the customer.
Thanks for the info. I just wish that I was told that eariler for the Limo cause I hate to have to go to the bank to get the cash.
Posted by Mici n KC
Posted by missK
Posted by PreshusSmurf
It makes perfect sense if you think about it ...
It takes time for a check to be cashed, hence the 2 week timeframe you mentioned.
They just want to be sure they have their money when you have the merchandise ... or in the case of a limo, before they perform the service you hired them for.
Once you have the merchandise/service, and they check bounces, they can try to fight you on it .... but they may never get their money from you.
Its good business practices on their part, regardless of if its a bit inconvenient for the customer.
Thanks for the info. I just wish that I was told that eariler for the Limo cause I hate to have to go to the bank to get the cash.
Check your contract...that's where it says it. If it doesn't then you have reason to not have to pay in cash.
Posted by missK
Posted by PreshusSmurf
It makes perfect sense if you think about it ...
It takes time for a check to be cashed, hence the 2 week timeframe you mentioned.
They just want to be sure they have their money when you have the merchandise ... or in the case of a limo, before they perform the service you hired them for.
Once you have the merchandise/service, and they check bounces, they can try to fight you on it .... but they may never get their money from you.
Its good business practices on their part, regardless of if its a bit inconvenient for the customer.
Thanks for the info. I just wish that I was told that eariler for the Limo cause I hate to have to go to the bank to get the cash.
Posted by angl2001
Posted by missK
Posted by PreshusSmurf
It makes perfect sense if you think about it ...
It takes time for a check to be cashed, hence the 2 week timeframe you mentioned.
They just want to be sure they have their money when you have the merchandise ... or in the case of a limo, before they perform the service you hired them for.
Once you have the merchandise/service, and they check bounces, they can try to fight you on it .... but they may never get their money from you.
Its good business practices on their part, regardless of if its a bit inconvenient for the customer.
Thanks for the info. I just wish that I was told that eariler for the Limo cause I hate to have to go to the bank to get the cash.
im surprised noone said anythign to you sooner....all my vendors told me that from day 1 i think its even in my contracts......i could be wrong but it was told to me verbaly at the start
yes it makes sense. with a check - you are still taking a chance on it bouncing. most vendors (especially RH) will ONLY accept cash or a bank check. This way - the money comes out of your account IMMEDIATELY and does not allow the chance of the funds not being available...
What would prevent someone from writing a check that bounces? after you receive the service, they have nothing to hold against you. It is merely for their security of getting paid and not stiffed. More so, if you had a problem with the service, you can stop pymt on the check.
All my vendors need cash as the final payment too.
