posted on May 23, 2001 05:43:30 PM
I had someone in Canada bid on an item. No problem with me, but I stated I only accepted International money orders in U.S. funds.
So, I get a CANADIAN money order with the instructions that my bank will accept it. (They will not.)
So I explain that my bank only accepts money orders with routing numbers so high, and that this one definately will be returned by my bank.
So, now I get an e-mail saying that this is costing the bidder much more than they originally expected (half of this is because they sent the wrong type of money order after I specifically said which kind i needed.) So, now they say they will only pay me if I return their first money order. I just planned on returning it when I sent the item to save money.
Frankly I'm sick of the whole thing. Would you all send the first money order back. (Its worth about US$5.) Or try to convince the bidder to just back out of the transaction, or what?
posted on May 23, 2001 10:29:20 PM
Even after all these years of seeing these threads it continues to surprise me to no end--how a BIG country like the USA has banks that can't handle Money Orders from other countries--especially from Canada
---while I can take just about anything to my bank in Canada in just about any currency and have it negotiated with little or no cost and no problem what-so-ever.
posted on May 23, 2001 10:42:28 PM
Same here Zazzie. I remember a few years back when a seller in the US was charged $15 by her bank when she deposited my International Postal MO [in US funds].
She was great about it, but asked ME if I knew why her bank would charge her such a high fee? Like I would know? I suggested she look for a new bank if she was planning on selling to Canadians.
About the only thing my bank won't accept is the Domestic US PO MO's, which they did up until a few months back.
My bank doesn't even charge me for NSF checks, even if they are from out of the country.
posted on May 23, 2001 11:27:41 PM
First off, the next town has banks that would accept Canadian money orders, but I don't want to switch my accounts there because the next town is out of state, and that would look REALLY weird when I would write a check anywhere, at least I think it would. My town doesn't even have a stoplight, and our bank is a hometown one. I CAN be charged $20 for my bank to convert this to U.S. funds, but considering it is only $10, that isn't an option.
I don't know what kind of money order it is. Its pink and has too high of a routing number for my bank.
read the money order - it should say who issued it (ie a bank name or etc). look also to see what bank the money order is drawn on - is it drawn on a US bank? (which could be a Canadian bank name but with a US based issuing office). what currency is the money order in? if the money order is drawn on Canada Post, it has been said many times here how the US and Canada postal systems have a recipical agreement - ie your local post office will cash it. if it is a money order issued by a bank (most Canadian money orders are either post office issue, or bank issue - every corner store and dept store here does not issue/sell money orders like they do in the States), and it is drawn on a US bank/US address, then your bank should accept it - usually fee-free from what i read on this board, as their main concern is that it be drawn on a US bank. have you even taken the money order into your bank to have the staff there read it to see who issued it etc if you can't? try that
red deer:
an fyi ... yuppers, no Canadian bank will charge its customer a fee if a deposited cheque is returned NSF. perhaps you are too young to remember? (lord, i wish i were too young to remember! hehe) ... about .. hmm... ten or so years ago there was a huge national hoopla about banks and their never ending, ever rising service charges. political pressure was put on the banks to get real about service charges. one result was this no-fee to customer (not to the idiot who issues a nsf cheque tho!) who deposited a nsf cheque - the idea behind it being as the depositor you can only assume that a cheque you deposit is good. now, if you deposit a post-dated cheque, or stale-dated cheque, or a cheque with body/figure difference, or with no signature .. etc, and it gets returned, your bank can charge you, as it is assumed that you should have the ability to read the front of a cheque to be sure that it is made out correctly. just thought i'd share that with ya
posted on May 24, 2001 02:31:23 PM
It is a Canadian Post money order. Now my question is. . . where in the books at the post office does it say they will cash this. I have to basically tell my post office how things are to be mailed, etc. etc. I think I know postal regulations better than they do. I can't assume they will know this can be cashed because I'm the only seller on ebay in my town, at least the only big league seller, there are a few who post occasionally, but I'm the only one who sells full time.
posted on May 24, 2001 03:02:14 PM
Hi,
The post office will cash a Canada Postal Money Order, I do it all the time, at first they look at it funny, but I've never had a problem. I hope this helps...
posted on May 24, 2001 03:17:48 PMhttp://www.uspsglobal.com/info/faq/infopost.htm
"Q. Can a postal money order that is issued by a foreign postal administration be
cashed here in the United States?
A. Valid postal money orders issued by countries listed in section 391.2 of the
International Mail Manual will be paid in accordance with the procedures for cashing
domestic money orders (see Domestic Mail Manual section S020.2.0). However, no
international money order will be paid after the expiration of the validity date on the money order."
posted on May 24, 2001 03:23:17 PM
Just want to clarify that the m.o. was in canadian funds? If it was in US funds, then the PO should be able to cash it.
I cash these types of payments all the time at my PO.
posted on May 24, 2001 03:45:49 PM
If that is the case your PO should be able to cash it. You may have to be the one to inform them that this can easily be done.
