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How will I know if the money has already receive by the receiver?
Wiki User
ā 14y ago
Never send cash, if sending a payment through the mail, send either a Money Order, Cashiers Check or a Personal/Company Check. Your best options are to have the letter sent registered mail and request a received receipt that the receiver must sign in order to receive the letter and payment.
If you have a business, it is better to send a business check and send it registered. You can have a receipt for when the person receives the letter and once the check is cashed, your bank can show a canceled check.
if payment is being made in person, GET A SIGNED RECEIPT. Do not allow them to SEND you a receipt in the mail, get it immediately with a signature showing that payment has been made and received.
If you sent cash, then you have no way of knowing and must trust the honesty of the receiver. However, if you sent a money order, cashiers check, or personal check, those can be traced and signatures can be viewed to see if they were cashed and by whom.
Wiki User
ā 14y ago
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