Subject:
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Re: Money orders, was:Re: Doh! Canada is expensive...
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Newsgroups:
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lugnet.loc.ca
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Date:
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Sat, 3 Feb 2001 20:02:35 GMT
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Viewed:
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705 times
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Heather Patey wrote:
> > For the banks, are these regular money orders or international?
> > The one from CanadaPost is by default an international money
> > order. The ones from the bank may not be, but might just be
> > drawn in US currency. I've heard of sellers in the US saying
> > that bank money orders (if not international) cause problems
> > while I have never (well, only once) ever heard of an issue
> > with money orders from CanadaPost.
>
> Well, that's a good question. The Canada Trust money orders are good in the
> US; indeed, I thought they all were. I've occasionally received MO's from the
> US that say right on them, "Not negotiable outside the US and Possessions", and
> predictably I haven't been able to cash them; but mine say neither
> "international" nor "Canada only". I can't see much use for a US-dollar money
> order that's only good in Canada!
>
> Not arguing with you, just my two cents. Anyone else experienced this?
The MO's that Canada Trust uses are not "international" per se, but the are US
money orders, and cashable anywhere in the US. I'm not certain of the gory
details, but in effect, they are drawn against a US bank - you may or may not have
noticed on the MO when you buy it that it's payable at Banker's Trust in Delaware
(IIRC).
I have never had a problem with them not being cashed.
James
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Message has 1 Reply:
 | | Re: Money orders, was:Re: Doh! Canada is expensive...
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| (...) OK, yes, I've seen the Delaware inscription. I meant "international" meaning "outside Canada", which isn't exactly right. So Kyle's MO's from Scotiabank may be drawn on a Canadian bank instead of a US one? Curious. I can see them being no good (...) (24 years ago, 4-Feb-01, to lugnet.loc.ca)
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Message is in Reply To:
| | Re: Money orders, was:Re: Doh! Canada is expensive...
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| (...) Well, that's a good question. The Canada Trust money orders are good in the US; indeed, I thought they all were. I've occasionally received MO's from the US that say right on them, "Not negotiable outside the US and Possessions", and (...) (24 years ago, 3-Feb-01, to lugnet.loc.ca)
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