Considering all the fraud with cashier's checks & money orders these days, a 10 day hold doesn't seem too unreasonable. If you're really concerned, call his bank and ask what their policy is.
Seems to me about the safest way to move large sums of money these days is via wire transfer. Goes directly from one bank account to the other. Last time I did one, there wasn't any hold at either end, plus its easy to get confirmation that the money got there.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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