I have BoFA right now. They made the fund available the following day so I don't know long should I wait.

Western Union/MoneyGram - ?
USPS Money Order - ?
Canada Post MO - ?
Personal/Business Check - ?
Bank MO - ?
Canada bank MO - ?

Thanks.

Personally, I use HSBC. I was told any checks deposited that day will be made available for me for withdrawal the next business day, but this DOES NOT mean a check has fully cleared. As with a US Postal Money Order, I'll cash it out at a post office so I get my cash on the spot. With Western Union money orders, there's usually a number you can call on the back on the money order to see if it's authentic. If a personal/business check is issued out of state, I was told that it takes anywhere from 7-10 business days for it to clear. I only received a Canadian bank money order once and it took ~7 business days to clear. One thing to look for is feedback history too to decide if it's worth the risk. GL.

I assume you're asking how long you should wait to ship ebay merchandise after receiving payment by one of these payment methods? Personally I treat it as such:

Western Union/MoneyGram - immediately
USPS Money Order - immediately
Canada Post MO - immediately
Personal/Business Check - immediatly up to 7 business days. Example I just received a personal check for Dell ink and with such low amount I ship right away.
Bank MO - immediately
Canada bank MO - haven't encountered any cashier's check that wasn't drawn on US bank.

Mephisto, do you mean immediately after you receive the actual payment from the buyer or immediately after the funds are made available by the bank?

Because the possible problem i would see is getting into the area of fraudulent buyers using invalid/fake forms of those payments. One's you can't distinguish without the bank actually processing the payment.

USPS is the only one that is instant confirmation since you collect directly from the PO in cash.

Maybe i'm just being too paranoid

personal check i wait 5 days ..
under 20 bucks if they have good feedback ill ship right away
only had a couple bounce but i got lucky they made good on it plus the
fee's

Immediately after I receive payment. I deposit checks and money orders only once or twice a week. I've never received a fake money order or cashier's check and never received a personal check that bounced. I normally don't accept checks though and only receive a handful per year from buyers who just can't read.

If it's a personal check over $30 or 40 then I make them wait about 5-7 business days after I deposited the check.

Thanks mephisto.