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Discount Bankers Check
Rank: Member Joined: 5/22/2009 Posts: 206
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@mukiha: It is clear that you lack the intellect and knowledge to present a solid argument regarding the risk of bankers checks. So in good faith, let me give you some intellectual ammo to put the argument to bed, run a quick survey/poll right here on Wazua to find out if anyone has ever failed to cash a bankers check. If you can find one or two persons who have undergone this unpleasant experience, and I believe that should not be a problem for you given your "authority" on Wazua, then I would not be able to argue against that.
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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TNT wrote:@mukiha: It is clear that you lack the intellect and knowledge to present a solid argument regarding the risk of bankers checks. So in good faith, let me give you some intellectual ammo to put the argument to bed, run a quick survey/poll right here on Wazua to find out if anyone has ever failed to cash a bankers check. If you can find one or two persons who have undergone this unpleasant experience, and I believe that should not be a problem for you given your "authority" on Wazua, then I would not be able to argue against that. And now you shoot yourself in the foot: won't those fall into the category of "personal sob stories"? Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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mukiha wrote:TNT wrote:@mukiha: It is clear that you lack the intellect and knowledge to present a solid argument regarding the risk of bankers checks. So in good faith, let me give you some intellectual ammo to put the argument to bed, run a quick survey/poll right here on Wazua to find out if anyone has ever failed to cash a bankers check. If you can find one or two persons who have undergone this unpleasant experience, and I believe that should not be a problem for you given your "authority" on Wazua, then I would not be able to argue against that. And now you shoot yourself in the foot: won't those fall into the category of "personal sob stories"? @Mukiha is right know a person whose been hit by one... possunt quia posse videntur
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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You almost wonder where some people live in this Kenya of ours aka Nairobi. Let me watch from the sides Thieves
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Rank: Member Joined: 5/22/2009 Posts: 206
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maka wrote:mukiha wrote:TNT wrote:@mukiha: It is clear that you lack the intellect and knowledge to present a solid argument regarding the risk of bankers checks. So in good faith, let me give you some intellectual ammo to put the argument to bed, run a quick survey/poll right here on Wazua to find out if anyone has ever failed to cash a bankers check. If you can find one or two persons who have undergone this unpleasant experience, and I believe that should not be a problem for you given your "authority" on Wazua, then I would not be able to argue against that. And now you shoot yourself in the foot: won't those fall into the category of "personal sob stories"? @Mukiha is right know a person whose been hit by one... @Mukiha: So what's my sob story?
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Rank: Member Joined: 5/22/2009 Posts: 206
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maka wrote:mukiha wrote:TNT wrote:@mukiha: It is clear that you lack the intellect and knowledge to present a solid argument regarding the risk of bankers checks. So in good faith, let me give you some intellectual ammo to put the argument to bed, run a quick survey/poll right here on Wazua to find out if anyone has ever failed to cash a bankers check. If you can find one or two persons who have undergone this unpleasant experience, and I believe that should not be a problem for you given your "authority" on Wazua, then I would not be able to argue against that. And now you shoot yourself in the foot: won't those fall into the category of "personal sob stories"? @Mukiha is right know a person whose been hit by one... @Maka: Brilliant. I knew you wouldn't let your "general" down, so with Maka supporting Mukiha, never mind you cannot verify the information, Mukiha was right all along. Congratulation Mukiha, glad to see my intellectual ammo has brought you success. According to Mukiha and company, Bankers checks are not secure. In fact, you have a higher chance of losing money with a bankers check than a personal check. Brilliant.
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Rank: Veteran Joined: 2/3/2010 Posts: 1,797 Location: Kenya
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TNT wrote:mukiha wrote:What are doing with a cheque payable to City Council of Nairobi? Or did you mean that it is DRAWN by City Council - that is, they are the PAYERS?
Second question: Are you aware of T+2? Bank the cheque today and it will be cash on Tues? Haraka Haraka Haina Baraka... It's exactly what I say it is: Payee is the City Council of Nairobi and that is why I am unable to discount it through the normal channels. In essence, I need to find someone who plans to pay the City Council a lot of money. Secondly, we already paid the Council in cash, so we do not need the check. However, the person who drew the check is unavailable to cancel the check and refund our money in cash. So that's why we are willing to discount it at 10%. why process a bankers check then pay in cash? The other alternative is to pay city council and ask for a refund on overpayment..you can use the 10% as facilitation I may be wrong..but then I could be right
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Rank: Member Joined: 4/20/2012 Posts: 888
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I guess there will be no takers after this drama!
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Rank: Member Joined: 5/22/2009 Posts: 206
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digitek1 wrote:TNT wrote:mukiha wrote:What are doing with a cheque payable to City Council of Nairobi? Or did you mean that it is DRAWN by City Council - that is, they are the PAYERS?
Second question: Are you aware of T+2? Bank the cheque today and it will be cash on Tues? Haraka Haraka Haina Baraka... It's exactly what I say it is: Payee is the City Council of Nairobi and that is why I am unable to discount it through the normal channels. In essence, I need to find someone who plans to pay the City Council a lot of money. Secondly, we already paid the Council in cash, so we do not need the check. However, the person who drew the check is unavailable to cancel the check and refund our money in cash. So that's why we are willing to discount it at 10%. why process a bankers check then pay in cash? The other alternative is to pay city council and ask for a refund on overpayment..you can use the 10% as facilitation Easy really, just because you wine and dine the "authorities" on the company's dime doesn't necessarily mean your boss has to know. In this case, the end justifies the means. Also, I like the over payment idea although I hear its usually a tough process at City Hall. Is that true?
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Rank: Member Joined: 5/22/2009 Posts: 206
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MKWASI wrote:I guess there will be no takers after this drama! Fortunately, there are a million ways to kill a rat. For example, within a few months, businesses will have to renew their licenses. I wonder how much a night club license costs, given there are so many of them nowadays?
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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TNT wrote:Out of curiosity, what doesn't add up? After all, it's a bankers check so the money is in a bank account and not a personal account. In other words, there is no way in hell that check would bounce. There was a thread over this issue here.Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Member Joined: 5/22/2009 Posts: 206
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Rankaz13 wrote:TNT wrote:Out of curiosity, what doesn't add up? After all, it's a bankers check so the money is in a bank account and not a personal account. In other words, there is no way in hell that check would bounce. There was a thread over this issue here. Broken link.
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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TNT wrote:Rankaz13 wrote:TNT wrote:Out of curiosity, what doesn't add up? After all, it's a bankers check so the money is in a bank account and not a personal account. In other words, there is no way in hell that check would bounce. There was a thread over this issue here. Broken link. Sorry, try this: http://www.wazua.co.ke/f...aspx?g=posts&t=13251Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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TNT wrote:maka wrote:mukiha wrote:TNT wrote:@mukiha: It is clear that you lack the intellect and knowledge to present a solid argument regarding the risk of bankers checks. So in good faith, let me give you some intellectual ammo to put the argument to bed, run a quick survey/poll right here on Wazua to find out if anyone has ever failed to cash a bankers check. If you can find one or two persons who have undergone this unpleasant experience, and I believe that should not be a problem for you given your "authority" on Wazua, then I would not be able to argue against that. And now you shoot yourself in the foot: won't those fall into the category of "personal sob stories"? @Mukiha is right know a person whose been hit by one... @Maka: Brilliant. I knew you wouldn't let your "general" down, so with Maka supporting Mukiha, never mind you cannot verify the information, Mukiha was right all along. Congratulation Mukiha, glad to see my intellectual ammo has brought you success. According to Mukiha and company, Bankers checks are not secure. In fact, you have a higher chance of losing money with a bankers check than a personal check. Brilliant. @TNT. What's your point/argument? You want a survey done and when @maka comes through you twist it to "not letting generals down"? Personally i've never lost any money through banker's cheque but i've been warned. There's an element of risk. How big or small, i wouldn't know. Cut the contributors on "your" thread some slack.We are all here to learn and share.
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Rank: Member Joined: 5/22/2009 Posts: 206
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Rankaz13 wrote:TNT wrote:Rankaz13 wrote:Out of curiosity, what doesn't add up? After all, it's a bankers check so the money is in a bank account and not a personal account. In other words, there is no way in hell that check would bounce. There was a thread over this issue here. Broken link. Sorry, try this: http://www.wazua.co.ke/f...spx?g=posts&t=13251[/quote] Thanks.
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Rank: Member Joined: 5/22/2009 Posts: 206
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mkeiyd wrote:TNT wrote:maka wrote:mukiha wrote:TNT wrote:@mukiha: It is clear that you lack the intellect and knowledge to present a solid argument regarding the risk of bankers checks. So in good faith, let me give you some intellectual ammo to put the argument to bed, run a quick survey/poll right here on Wazua to find out if anyone has ever failed to cash a bankers check. If you can find one or two persons who have undergone this unpleasant experience, and I believe that should not be a problem for you given your "authority" on Wazua, then I would not be able to argue against that. And now you shoot yourself in the foot: won't those fall into the category of "personal sob stories"? @Mukiha is right know a person whose been hit by one... @Maka: Brilliant. I knew you wouldn't let your "general" down, so with Maka supporting Mukiha, never mind you cannot verify the information, Mukiha was right all along. Congratulation Mukiha, glad to see my intellectual ammo has brought you success. According to Mukiha and company, Bankers checks are not secure. In fact, you have a higher chance of losing money with a bankers check than a personal check. Brilliant. @TNT. What's your point/argument? You want a survey done and when @maka comes through you twist it to "not letting generals down"? Personally i've never lost any money through banker's cheque but i've been warned. There's an element of risk. How big or small, i wouldn't know. Cut the contributors on "your" thread some slack.We are all here to learn and share. My point? Take any number of posts that both Maka and Mukiha feature prominently and while I am not a gambler, I will bet you 1,000 bob that the two almost always see eye to eye (never disagree). In other words, Maka and Mukiha are one of the happiest couples on Wazua, the two always have each other's back. Prove me wrong.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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TNT wrote:five-figure check, payee is the City Council of Nairobi, willing to pay 10% of the check value for the service. This is bank fraud which was rampant a few years ago,I am surprised you are joining the game late.
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Rank: Member Joined: 5/22/2009 Posts: 206
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mawinder wrote:TNT wrote:five-figure check, payee is the City Council of Nairobi, willing to pay 10% of the check value for the service. This is bank fraud which was rampant a few years ago,I am surprised you are joining the game late. Yeah right, only that you are too stupid to realize that with the Council as the Payee and the five-figure sum, it would be a nearly impossible con to execute mainly because of lack of suitable marks. If you are such an imbecile, let me simplify things for you, how many people do you know who make five-figure payments to the Council? To put that into some sort of perspective, most business permits cost less than 15K (So all those guys would not be my marks). Council houses cost less than 10K, again, another huge group of potential marks lost. Why would a conman want to lose potential marks just like that? If this were a con, it would be the worst con ever because it would leave me with a very small number of potential marks, and out that small number, most of them would be guys you wouldn't want to cross - night club owners. Why do you seem afraid to use your brain? Unless you don't have one, of course.
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Rank: New-farer Joined: 7/30/2013 Posts: 28
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TNT wrote:mkeiyd wrote:TNT wrote:maka wrote:mukiha wrote:TNT wrote:@mukiha: It is clear that you lack the intellect and knowledge to present a solid argument regarding the risk of bankers checks. So in good faith, let me give you some intellectual ammo to put the argument to bed, run a quick survey/poll right here on Wazua to find out if anyone has ever failed to cash a bankers check. If you can find one or two persons who have undergone this unpleasant experience, and I believe that should not be a problem for you given your "authority" on Wazua, then I would not be able to argue against that. And now you shoot yourself in the foot: won't those fall into the category of "personal sob stories"? @Mukiha is right know a person whose been hit by one... @Maka: Brilliant. I knew you wouldn't let your "general" down, so with Maka supporting Mukiha, never mind you cannot verify the information, Mukiha was right all along. Congratulation Mukiha, glad to see my intellectual ammo has brought you success. According to Mukiha and company, Bankers checks are not secure. In fact, you have a higher chance of losing money with a bankers check than a personal check. Brilliant. @TNT. What's your point/argument? You want a survey done and when @maka comes through you twist it to "not letting generals down"? Personally i've never lost any money through banker's cheque but i've been warned. There's an element of risk. How big or small, i wouldn't know. Cut the contributors on "your" thread some slack.We are all here to learn and share. My point? Take any number of posts that both Maka and Mukiha feature prominently and while I am not a gambler, I will bet you 1,000 bob that the two almost always see eye to eye (never disagree). In other words, Maka and Mukiha are one of the happiest couples on Wazua, the two always have each other's back. Prove me wrong. IMO, About @Maka and @Mukiha seeing eye to eye I think its normal to find people in life who you perceive things the same way. On the other hand, I have experienced cheque cons so I would suggest you be cautious. Otherwise, I hope you don't get conned.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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TNT wrote:mawinder wrote:TNT wrote:five-figure check, payee is the City Council of Nairobi, willing to pay 10% of the check value for the service. This is bank fraud which was rampant a few years ago,I am surprised you are joining the game late. Yeah right, only that you are too stupid to realize that with the Council as the Payee and the five-figure sum, it would be a nearly impossible con to execute mainly because of lack of suitable marks. If you are such an imbecile, let me simplify things for you, how many people do you know who make five-figure payments to the Council? To put that into some sort of perspective, most business permits cost less than 15K (So all those guys would not be my marks). Council houses cost less than 10K, again, another huge group of potential marks lost. Why would a conman want to lose potential marks just like that? If this were a con, it would be the worst con ever because it would leave me with a very small number of potential marks, and out that small number, most of them would be guys you wouldn't want to cross - night club owners. Why do you seem afraid to use your brain? Unless you don't have one, of course. So city council does not receive amounts in hundreds of thousands,what about rates?what about the rentals for places like Gardensquare?I suspect you intercepted a city council cheque somewhere and now want to cash it.Why do you claim people dont pay that kind of money to the council yet you are looking for one to use the same cheque to pay?
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