Archived posting to the Leica Users Group, 2002/07/31
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Bummer. However, I would suspect the real reason is your bank is looking for an excuse to earn a little extra interest on your funds. Sounds like something an American bank would pull! Regard, Doug - ----- Original Message ----- From: "Tim Atherton" <timatherton@theedge.ca> To: <leica-users@mejac.palo-alto.ca.us> Sent: Wednesday, July 31, 2002 4:17 PM Subject: [Leica] Selling to the US... > I often buy and sell photo stuff on Ebay and came across an interesting > situation yesterday. > > I had sold a lens and got payment in $US in the form of a Bank cashiers > cheque. > > I have always accepted payment in this form or a Bank Money order and > have ahd no problem paying them into my Canadian bank (same with > regular cheques from clients like the NY Times etc). > > At most, the bank put a 3-5 day hold on the cheque, though as a valued > customer this was usually waived. > > Yesterday I found there is a 14 day hold on all such transactions - > reason given - the uncertain and untrustworthy standing of US financial > instituions as a result of Enron, Worldcom, Johnson & Johnson, now AOL- > Time Warner etc. > > Wow - never thought this stuff would impact my Ebay sales.... > > Tim > > -- > To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html - -- To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html