posted on October 27, 2000 01:54:29 PM
Just got the word from the Bank of Montreal, as of today, the "green" Domestic USPS MO's will no longer be accepted.
I was told that ALL Canadian financial institutions will not honor them as of next month, or sooner.
FYI - My bank has been accepting them since the the USPS created them.
posted on October 27, 2000 02:12:03 PM
I've been depositing them for almost 4 years at the TD, got a call a couple of weeks ago, no more greenies, oh well, c'est la vie.
posted on October 27, 2000 02:47:19 PM
I really can't picture someone standing and buying one $700.00 Money Order after another up to the $10,000 limit.
posted on October 27, 2000 05:20:35 PM
Oh well, I feel sorry for those of you who can no longer accept them.
I just save them up & cash them at the post office south of the border each time I go down, works out well as I have spending cash while in the States without an exchange rate.
I know not everyone can do this, but it is nice if you can.
Perhaps another good reason for Billpoint electronic checks or some other form of payment acceptance?
posted on October 27, 2000 06:43:43 PM
Upriver ...... I already accept CC payments via Billpoint & BidPay. I also accept personal checks on 98% of my auctions, as well as bank checks/MO's, or cash.
I still get people who send USPS MO's.
Go figure?
I hope my high bidders can understand my newly revised EOA emails.
