On Thu, 12 Oct 2000 coneill@xxxxxxxxxxx wrote:
> If your credit onion (misspelling intentional!) doesn't take a Canadian
> postal money order, especially one in US funds, close your account and run,
> DON'T walk, to someplace that will! A money order from Canada Post is as
> good as gold! Same advice goes for non-US buyers that receive USPS money
> orders and can't cash them at their local banking institution.
To be fair to international institutions, I can understand why they may be
reluctant to cash Canadian postal money orders. I'm certain that very few
Canadians ever use them (or even know they exist!) and even fewer international
institutions ever see one. People are always reluctant to deal with the
unknown. I've found it best to stick with the large well known money funds
such as American Express. You can get an American Express money order at
almost any Canadian bank, the cost for it is less than the postal money order,
and the bank usually gives a better exchange rate than the post office.
Americans never seem to have a problem cashing an American Express money order
so I always use them. There's no sense in making life more difficult for
a seller.
-mark
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