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Subject: 
Re: Money orders, was:Re: Doh! Canada is expensive...
Newsgroups: 
lugnet.loc.ca
Date: 
Sun, 4 Feb 2001 03:31:22 GMT
Viewed: 
592 times
  
In lugnet.loc.ca, James Brown writes:
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

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 to a US seller in that case though.

Good grief, can it get any more complicated?  And THEY say they don't want to
sell to US...

Cheers, Heather
--
Heather Patey
St. John's, Newfoundland, Canada
Pirate Wench / Brick Detective



Message is in Reply To:
  Re: Money orders, was:Re: Doh! Canada is expensive...
 
(...) 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 (...) (23 years ago, 3-Feb-01, to lugnet.loc.ca)

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