Not Canadian" was written on the check by the American. Both banks have this proof as well. They might do it, they might not. The receiver can of course still come after you for what you owe. My first assumption would be the person who wrote US Funds on the cheque would be a bank or clearing house employee who was struggling to make it all balance so they could go on lunch.
All because, in my experience, bank employees are not usually the sharpest knives in the drawer. I would try to settle up via money order or some other more secure device than a personal cheque just to keep it clear that you are not attempting to take advantage.
We have absolute proof that "US Funds. Is that not fraud? But that is nice and easy to correct - If someone at the bank just writes "US Funds" on the cheque then it matches their deposit batch perfectly.
The cops are unlikely to actually do anything but it will make it easier for you to argue the charge if it gets put through again. However the receiver writing "US Funds" on the cheque is obvious fraud in the they could go to jail for it sense and it is really unlikely your bank is going to pull that money back out of your account now that they have refunded it.
Canadian check to US bank. There in the US where the only place you can do anything with a foreign currency is the FX counter at the airport. She defaced the check by writing "US Funds" on it.
If I send a Canadian cheque to a person depositing it in the US there bank does the conversion and it gets deposited to them as an equivalent in US funds IE: You should expect them to cover all the expenses of their act, including fees you have to pay to reverse the check or similar.
Dollars" writing a US to the left of the dollar sign in order to make it explicit and avoid this sort of mess. My first guess in this situation would be that the bank happily took the cheque assuming it was in American funds. Your bank knows you intended to write the check in Canadian dollars, and should not have honored the transaction for the US bank otherwise.
This seems like a pretty dumb fraud to commit. Basically what occurred with your cheque.
Your bank should be able to recommend a more secure method of payment for you. Do you think the payee did this on purpose or that they got confused somehow?
September 22, One cannot usually write a cheque in a currency that is not the same as the account the money is being drawn from. What does is what is written on the cheque. To clarify - it was unquestionably understood by the American and I beforehand that Canadian funds would be sent and that the currency exchange would be covered.Check vs.
cheque. In American English, check is the standard spelling of the noun referring to a written order for a bank to pay a specified amount from deposited funds.
Outside the U.S., the word is spelled cheque. In the United States of America it’s a travellers check, but the rest of the world would spell it travellers cheque. Sep 22, · Canadian check to US bank.
What's the procedure? September 22, AM the proper way to indicate a US funds check is to write the check in USD rather than dollars My first assumption would be the person who wrote US Funds on the cheque would be a bank or clearing house employee who was struggling to make it all.
Aug 26, · If I write a cheque to myself and deposit it to my Bank of America account, would BoA charge fees/or hold Do American banks process Canadian USD cheques without fees?
- mint-body.com Forums.
Ask Us. We matched that to: Can I write a cheque in a foreign currency on my Canadian dollar account? Sending a foreign currency amount. To send a foreign currency amount, we recommend that you purchase an International Draft for $ Here are the benefits.
Jun 26, · If you write a check for which funds are not available and the person/company presents the check at their financial institution, there is a possibility that you would get an NSF fee from your financial institution, for which you are fully responsible. How to. Write a Check on a US Bank to a Canadian Payee.
How to. 90%().
Receiving Canadian check in US bank? You should check and see if your client has the ability to write a check in U.S. funds. My main business also receives payment from Canadian customers and.Download