[Synchro909]

I have a friend who has a business producung and distributing parts for 4WD vehicles. He recently received an order from over seas from someone he hadn't dealt with before so he insisted on payment before the parts were shipped. A cheque arrived which he took tothe band. When he later checked, the funds were in his account and the bank told him in a letterthat the cheque was good. A while later, they found it was a dud so they deducted the money from his account. He showed them their own letter saying that all was good and insisted that they pay the money back. They did.
In your position, I'd either do like my friend (get it in writing from the bank that the cheque was good) or I wouldn't agree to his plan. Even if I got a letter from the bank, I'd check the wording carefully. Banks are about the least trustworthy of organisations out there.