Are e-checks safe?

[terthen]

Hi everyone. Just had an off-topic post. I had a guy buy something on ebay from me, and he paid me with an e-check. his feedback is +37, so he looks legit from there, but he has an unconfirmed address. Is there a chance this payment isn't legit, even if the e-check clears, and Paypal would charge me for it? Or once the e-check clears is it alright to ship?

thanks!

 

[compuwiz1]

An E-check is a delay. The money is not in the account til the check clears his bank. Back when I was selling lots of hardware, I'd always tell the buyer, that I would not ship until the echeck cleared. They can put stop payments on echecks, same as regular checks.

 

[terthen]

ahh ok. So once the money's in my account, then I should be set since the checks are coming from the bank, not the credit card? I've had Paypal tell me a previous credit card transaction was false, so after they put the money in my account they took it away. So I'm just wary about that. thanks for the reply.