Subject:
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Re: Cashing Postal Money Orders
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Newsgroups:
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lugnet.market.services
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Date:
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Wed, 13 Nov 2002 18:16:02 GMT
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Viewed:
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2858 times
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Allan Bedford wrote:
>
> In lugnet.market.services, Bryan Wong writes:
> > Hi,
> >
> > I have a few green Postal Money Orders from USPS that are only negotiable in
> > the US. Since I'm in Canada, my bank won't let me do anything with those
> > money orders. What places can I cash them at in the US (I live close to the
> > border)? I once tried a bank, but since I didn't have an account with them,
> > they said "nope, sorry."
>
> Two things to do:
>
> 1) Scold your U.S. buyers. (In a friendly Canadian tone) They should know
> better. Tell them to send the pink 'International' ones. It's easy... the
> green ones say 'Domestic'... the pink ones don't. :)
I always ask my Canadian sellers if they can cash the green ones ok. The
pink ones cost a lot more ($3.50 instead of $0.80) so especially for
small orders, it's worth using the green ones if ok.
> 2) Try another bank. Or, if you're otherwise happy with your current bank,
> ask to speak with a service supervisor. Most retail branches have someone
> in such a position. A gentle reminder of what a good customer you are and
> how much you would like to continue to do business with them will usually
> result in them "finding a way" to help you. You are the customer, they
> should want your business. My bank is able to do it for the simple fact
> that they have offices physically located in the U.S. It's my understanding
> that any such money orders are taken in by my branch (here in Canada) then
> somehow transferred to the U.S. branch to be cashed. I'm not exactly sure
> how it works, but it does.
This is what I've always assumed happened. There is so much exchange
between the US and Canada that large banks in either country, especially
near the borders, would be somewhat foolish not to make it easy to
exchange money, and a Canadian bank handling USPS Domestic Money Orders
would just be a minor part of those services.
Frank
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Message is in Reply To:
 | | Re: Cashing Postal Money Orders
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| (...) Two things to do: 1) Scold your U.S. buyers. (In a friendly Canadian tone) They should know better. Tell them to send the pink 'International' ones. It's easy... the green ones say 'Domestic'... the pink ones don't. :) 2) Try another bank. Or, (...) (22 years ago, 13-Nov-02, to lugnet.market.services)
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