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  #1  
Old 11-23-2007, 12:43 AM
ALReturnsLOL ALReturnsLOL is offline
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Default Cashing a CAD check in the USA


I do alot of contract work in Canada. I just received a check here for 3k CAD. My local bank won't cash it (bb&t. I wondered if you guys had any good suggestions as of where I could get this cashed.

Sorry if this is in the wrong forum.
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  #2  
Old 11-23-2007, 01:45 AM
Newt_Buggs Newt_Buggs is offline
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Default Re: Cashing a CAD check in the USA

Cash it with a different bank.
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  #3  
Old 11-23-2007, 01:47 AM
Bobo Fett Bobo Fett is offline
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Default Re: Cashing a CAD check in the USA

[ QUOTE ]
Cash it with a decent bank.

[/ QUOTE ]
FYP.
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  #4  
Old 11-23-2007, 02:03 AM
MFM00 MFM00 is offline
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Default Re: Cashing a CAD check in the USA

Some options:

(1)Your bank, BB&T, may not "cash" the check but they could pass it to their correspondent bank for "collection" (for a fee charged to you). This is the typical handling of foreign currency checks. Ask to speak to someone who knows what they are doing at your bank.

(2)Since you do "a lot of work in Canada" and your 2+2 location is Windsor, Ontario Canada, why not have a deposit account there at a Canadian bank? Pick one who has access to the US ACH for electronic funds transfers.

(3)If you travel to Canada, present the check to the issuing bank's branch. Some banks charge a fee to non customers to collect the funds that way, at least in the US.
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  #5  
Old 11-23-2007, 08:35 AM
DoGGz DoGGz is offline
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Default Re: Cashing a CAD check in the USA

I'm pretty sure all local banks in Windsor, Canada, will accept Canadian checks. Why wouldn't they?
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