[Groop]Re: International money orders

Rick Loomis rick@flyingbuffalo.com
Wed, 02 May 2001 14:25:56


><font size=3>Hmmm....I have completed over 250 eBay transactions where I
>bought items from US sellers with US international money orders (I'm from
>Canada)...and many transaction are less than $5 US. I have never been
>asked for an extra $2 and no one has ever complained to me that their
>bank hi-jacked $2 on the transaction. I can see them having problems with
>personal cheques drawn on non-US banks but bona-fide international money
>orders should not cause any problems. 


I deposit a lot of checks to my business account, and we get postal money
orders, canadian money orders, checks from a Canadian bank that say "US
FUNDS" on them, international postal money orders, and other odd things.
Every once in awhile, my bank charges my account for "International Funds"
but the never tell me whose check it was that they docked me for. I suspect
some of the people you send money orders to were charged by their bank and
didn't know it.

Once I was going to deposit something called a Eurocheck that someone sent
me for $2. I did it separately because I didn't know what it was. The
teller said yes, I could deposit that, and she would send it in for
collection. I handed it to her, and happened to ask what the fee would be.
It was $8.  She was going to deposit my $2 check and charge me $8 for the
privilege.  If I hadn't thot to ask her, who grooed, her or me?  Of course
I took the check back and kept it for a souvenier. 

Note:  all banks are different but most charge fees for stuff like this,
and the fees are in tiny print somewhere and they never tell you in advance
unless you insist. AND they change their fee structure on a regular basis. 

Rick Loomis

Flying Buffalo Inc/PO Box 1467/Scottsdale, AZ 85252 USA    
Ph: 480-945-6917 /FAX:480-994-1170 /Ans Mach: 480-994-0658
www.flyingbuffalo.com 
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