Money Order Question
Posted: 06 December 2004 01:33 PM     [ Ignore ]  
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What exactly are they. And if someone from the USA send me one in US dollars.. how would i deposit it into my canadian bank account.

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Posted: 06 December 2004 02:15 PM   [ # 1 ]     [ Ignore ]   [ # 1 ]  
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A money order is basically a check that you don’t have to wait till it clears.  When you buy one, the money is due up front, so when it’s received it can be cashed right away. 

Since you are in Canada, if you are having someone from the US send one to you, and this would work the other way around as well, insist they use a International Postal Money order.  They are green in color, and are accepted by major banking institutions.  I’ve heard nightmares of someone out of the country trying to cash one that wasn’t specifically marked ‘international’

Dave

Hope that helps

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Posted: 06 December 2004 02:18 PM   [ # 2 ]     [ Ignore ]   [ # 2 ]  
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alrighty that helped alot thnx. Isnt there a service charge or something like that?

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Posted: 06 December 2004 02:24 PM   [ # 3 ]     [ Ignore ]   [ # 3 ]  
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[quote author=“gohan_bcc1”]alrighty that helped alot thnx. Isnt there a service charge or something like that?

yeah, it’s minimal tho, it’s like 79 cents or 99 cents per $100

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Posted: 06 December 2004 02:25 PM   [ # 4 ]     [ Ignore ]   [ # 4 ]  
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lol when i went to the site it said 34$ us.. and their exchange rate to canada was 10 cents less :( so instead ot 500 i would get 464 lol.

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