What is the most desirable form of deposit from a seller's point of view?

From a seller's perspective, an immediately negotiable check is considered the most desirable form of deposit. This form of payment is advantageous because it can be quickly deposited and cleared, which provides immediate assurance to the seller that funds are available and that the transaction can proceed smoothly. When a check is immediately negotiable, it means that it can be cashed or deposited without needing to wait for a hold to clear, thereby reducing the risk associated with the payment.

In terms of security and reliability, having a check that can be readily accessed without delay reassures the seller that their interests are protected during the transaction process. Other forms of deposits, such as personal checks, may carry risks, particularly if there are concerns about the buyer's banking history or cash flow, as these can take longer to clear and may even bounce if insufficient funds are present. Cash deposits and bank transfers can also be good options, but immediately negotiable checks strike a balance between convenience and financial security for the seller.