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Old 08-07-2008, 02:34 PM   #1
daggerkobe
 
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Default What do I do with a Canadian check?

Are they even accepted by US banks????

How do they figure out the exchange rate and do they charge any fees????

(Bank of America)

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Old 08-07-2008, 02:35 PM   #2
thejrichshow85
 
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send it back.
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Old 08-07-2008, 03:00 PM   #3
bettilimbroke999
 
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They are sent in US dollars. If you want to give it to me I'll pay you half face value and you can have your money instantly
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Old 08-07-2008, 03:01 PM   #4
ico2525
 
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A major bank will not give you a problem with the check. They might place a 5 business day hold on it, but they'll definitely accept it. Good news too is that because of this disastrous US economy, the CAD is worth 95% of the USD.
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Old 08-07-2008, 03:01 PM   #5
dwaechte
 
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1) Take it to the bank
2) Give it to the teller
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Old 08-07-2008, 03:09 PM   #6
compaqDikk
 
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fwd it to sportsbook.com
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Old 08-07-2008, 03:09 PM   #7
durito
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Cash it and send it to me.

If your bank gives you problems, it is because:

1) It is a shitty bank
2) You are shitty customer
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Old 08-07-2008, 03:17 PM   #8
daggerkobe
 
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Quote:
Originally Posted by ico2525 View Post
A major bank will not give you a problem with the check. They might place a 5 business day hold on it, but they'll definitely accept it. Good news too is that because of this disastrous US economy, the CAD is worth 95% of the USD.

According to Yahoo, they should've paid me $160 more to cover the exchange rate but added only $.01.
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MLB: 159-172 +21.11 units (5 unit plays: 11-3; 10 unit plays: 2-1)
NBA: 121-130-5
Wimbledon: 0-0
NHL: 7-5 +15.14 units
CBB: 179-133-6 (57.4%)
WBC: 10-8 +9.89 units
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Old 08-07-2008, 03:18 PM   #9
swifty
 
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You can send it to me for a fee of 1 miillion US and I will send you back 10,000
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Old 08-07-2008, 03:20 PM   #10
PuckOff
 
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Quote:
Originally Posted by daggerkobe View Post
Are they even accepted by US banks????

How do they figure out the exchange rate and do they charge any fees????

(Bank of America)

Why wouldn't they be accepted??

They figure out the exchange rates the same way a Canadian bank figures out the exchange rate for any other country's currency.
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Get The Puck Off The Ice!!!
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Old 08-07-2008, 03:25 PM   #11
daggerkobe
 
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Quote:
Originally Posted by PuckOff View Post
Why wouldn't they be accepted??

They figure out the exchange rates the same way a Canadian bank figures out the exchange rate for any other country's currency.

But they short-changed me $160.
__________________
MLB: 159-172 +21.11 units (5 unit plays: 11-3; 10 unit plays: 2-1)
NBA: 121-130-5
Wimbledon: 0-0
NHL: 7-5 +15.14 units
CBB: 179-133-6 (57.4%)
WBC: 10-8 +9.89 units
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Old 08-07-2008, 03:25 PM   #12
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i have never had a problem with a canadian check from a book,deposited them and they always cleared in 2-3 days,no questions asked
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Old 08-07-2008, 03:40 PM   #13
mtneer1212
 
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Does the check say CAD or USD? If the amount is USD, then there is no problem.
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Old 08-07-2008, 03:43 PM   #14
daggerkobe
 
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Says "Payable through Canadian XXXXXXX Bank......... US Funds (just below the bank address)"

Does that mean USD?
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MLB: 159-172 +21.11 units (5 unit plays: 11-3; 10 unit plays: 2-1)
NBA: 121-130-5
Wimbledon: 0-0
NHL: 7-5 +15.14 units
CBB: 179-133-6 (57.4%)
WBC: 10-8 +9.89 units
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Old 08-07-2008, 03:44 PM   #15
Shark79
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Check might be canadian ... but money may be USD.
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Spread Sheet Totals:
NBA 115-81-4 +31.29
NCAAF 7-5-0 -0.06
NCAAB 3-7-2 -4.12
NFL 8-5-0 +4.32
Soccer 104-101-18 +32.75
Tennis 19-22-0- -13.83
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Old 08-07-2008, 03:45 PM   #16
Shark79
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Quote:
Originally Posted by daggerkobe View Post
Says "Payable through Canadian XXXXXXX Bank......... US Funds (just below the bank address)"

Does that mean USD?
This should be US $$
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Spread Sheet Totals:
NBA 115-81-4 +31.29
NCAAF 7-5-0 -0.06
NCAAB 3-7-2 -4.12
NFL 8-5-0 +4.32
Soccer 104-101-18 +32.75
Tennis 19-22-0- -13.83
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Old 08-07-2008, 03:45 PM   #17
dwaechte
 
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US Funds means it's in USD.
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Old 08-07-2008, 03:46 PM   #18
dwaechte
 
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And actually, if it had been CAD, they wouldn't have short changed you $160, they would've been giving you an extra $160.
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Old 08-07-2008, 03:49 PM   #19
daggerkobe
 
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Alrighty.

Thanks everyone for clearing that up.
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MLB: 159-172 +21.11 units (5 unit plays: 11-3; 10 unit plays: 2-1)
NBA: 121-130-5
Wimbledon: 0-0
NHL: 7-5 +15.14 units
CBB: 179-133-6 (57.4%)
WBC: 10-8 +9.89 units
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