Big Postal Order Scam, Sellers please read

Views 511 Likes Comments Comment
Like if this guide is helpful
Here is a bit of information about one of the lastest scams around. People are sending out fake postal orders so here are a few points for you to remember if and when you receive one.
On the left hand side there is an embredded Thread, (There is nothing on the fake copies)
The maximum Value of a postal order is £250.00
Bottom left hand side should be an £250. sign, if you slighly wet it, if authentic it will turn from green to red.
The Postal order is valid for six months from the date of issue

If the postal order is crossed then you will have to put it into your bank account, if not you can cash it at any post office. Do not send out any items until the postal order has been cashed, this will allow you not to be scammed by this lastest method. If it doubt go to your local bank or post office and they will inform you if its authentic.


A little information about the new postal orders

Today, Postal Orders remain a popular cash alternative with a total of £334m purchased through Post Office® branches across the UK in 2005.

Revamped Postal Orders
On Thursday 27th April 2006 Postal Orders were automated – this means they can be processed through the Post Office® Horizon system, enabling the exact value to be printed on the Postal Order at the time of purchase.

This allows one Postal Order to replace the previous range of fixed denominations (13 different values up to max of £20). The redesigned Postal Orders are available from 50 pence through to a maximum of £250. However, combined purchases over £1,000 are subject to the usual money laundering regulations.

  •  There is no need to add postage stamps to make up odd pence values.
  • The new Postal Order look different – it has a similar design to a cheque and displays the payee details printed on the front or can be crossed at time of printing (if required by the customer).
  • Postal Orders are fully APACs compliant allowing them to be processed through bank clearance systems. This makes them easier for retailers to accept as a means of payment
  • A new barcode has been added to Postal Orders, improving security.
  • The fees attached to Postal Orders have been changed to make them simpler and easier for customers to understand.
  • A new upper fee limit of £8.75 on Postal Orders has been put in place to improve value for money on high value purchases.

New Postal Orders fees:

Denomination Fee
50p - £4.99 45p
£5 - £9.99 85p
£10+ 8.75% of total value up to a maximum value of £8.75

About Postal Orders
Postal Orders can be bought and cashed at all 14,500 Post Office® branches throughout the UK. Postal Orders have maintained popularity over the years as a result of their flexibility and multiple uses. The main uses are:

• Sending as gifts (26%)
• Mail order purchases (24%)
• Household bills (23%)
• Internet purchases, especially eBay (7%)

A brief history of Postal Orders
  •  The first Postal Order was issued on 1st January 1881. In total ten denominations were introduced from one shilling to 20 shillings. At this point all Postal Orders were issued on hand made paper.
  • Since Postal Orders were not intended for legal tender purposes the words “NOT NEGOTIABLE” were first added to Postal Orders in 1892.
  • The Bank of England printed all Postal Orders until 1923, when commercial printers took over this responsibility.
  •  The full-face portrait of Queen Elizabeth II was first introduced on Postal Orders in 1987, based on various photographs of the Queen.
  •  In 2002 Postal Orders underwent their first major redesign since their introduction in 1881. This saw the introduction of a “Gift Postal Order” which featured a gift ribbon design complete with presentation card and envelope.

Using Postal Orders abroad
Postal orders can be sold and cashed at BFPO's worldwide.

Postal Orders can be purchased and cashed in 26 countries worldwide and can be cashed only in a further 21 countries. Regardless of location, sterling Postal Orders can be paid for in local currency. When cashed overseas, Postal Orders are also redeemed in local currency.

Countries which cash Postal Orders:

Anguilla
Antigua and Barbuda
Bahamas
Bangladesh
Barbados
Belize
Botswana
Brunei Darussalam
Cayman Islands
Cyprus
Dominica
Falkland Islands
Fiji
Gambia
Ghana
Gibraltar
Grenada
Guernsey
Guyana
India
Isle of Man
Jamaica
Jersey Lesotho
Malawi
Malaysia
Malta
Mauritius
Montserrat
Nigeria
Pakistan
Sierra Leone
Singapore
Solomon Islands
South Africa
Sri Lanka
St Helena
St Kitts and Nevis
St Lucia
St Vincent
Swaziland
Tonga
Tortola
Trinidad and Tobago
Tristan de Cunha
Western Samoa
Yemen

I hope you find this information useful, if you do please rate this guide.

Hope none of you find any of the fake postal orders around
Have something to share, create your own guide... Write a guide
Explore more guides