If it bounces contact him asking for payment, until you receive payment you are not sending the item, maybe get into contact with eBay and leave him bad feedback.

Can't leave bad feedback for buyers anymore.
PM me for help.
If the money doesn't clear you need to contact the buyer first, if he doesn't reply then contact ebay using the dispute console, but DON'T send the item untill the money has cleared! Also, don't make the mistake of thinking the money is in your bank when its not, account balance and actually balance are 2 different things![]()
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