Chris, it just happened to me yesterday at my credit union, with a money
order from, well, you. They wanted $5. I'll come up with another way, but
haven't thought of it yet.
Interestingly, they happily accepted the Japanese Postal Money order. They
would also have taken a dollar CHECK from Royal bank. It was the money
order part that threw them.
> I recently purchased a T20 flash from a US seller, and send the seller an
> international money order in US$ drawn from one of the biggest banks in
> Canada (Royal Bank). Last night, the seller advised me that his credit
> union won't deposit the money order into his account unless he pays a
> fee of some sort. Their reaason for demanding the fee is because it is
> drawn on a US Bank. Since the money order is only for US$20 and change,
> he's understandably not interested in paying a 50 0.000000ee to get it into
> My questions are:
> 1. Is this standard operating practice for credit unions in the States?
> I've personally never heard of such nonsense for money orders. Some
> financial institutions will "hold the funds" on personal cheques until the
> cheque clears, but I've always thought money orders were as good as cash
> when endorsed in the presence of a teller, and the only "requirement"
> be having to present ID.
> 2. Any suggestions on how the seller can cash this?
> I'm sure some would prefer OFF-LIST replies to mailto:coneill@xxxxxxxxxxx
> to keep the list traffic down. Thanks, in advance, for any assistance you
> can provide.
< This message was delivered via the Olympus Mailing List >
< For questions, mailto:owner-olympus@xxxxxxxxxxxxxxx >
< Web Page: http://Zuiko.sls.bc.ca/swright/olympuslist.html >