XYZ replied on Thursday, March 31, 2016 11:38 AM
@ ABCD, with due respect, it is not necessary to comment on something you know nothing about. PO and certified cheque/banker's cheque/manager's cheque is the same thing, just named differently in different countries. It is not very easy to open a bank account in Pakistan these days and may take several days or even weeks to finally get the account in operation.
@ Asad, the best thing is to get a PO and get it verified from the issuing bank (as suggested by Malik and Simple Solution). A PO cannot be cancelled unless the buyer returns the original PO to the bank. If the buyer says that PO has been lost, the procedure to cancel is very long and usually banks ask for affidavits and wait for weeks to confirm that it has really been lost. You will deposit PO on the same day and in a day or two it should be cleared. |
