order from the UK in Pounds Sterling. I should have several for small amounts...maybe 15 pounds each. I know it can be done at some banks with no fees. Anyone know how?
2006-08-14 05:29:55 · 5 answers · asked by Drill ANWR 2 in Business & Finance ➔ Personal Finance
You are correct take them to the bank and they will cash them for you there, especially since they are workign with foreign money. I would also suggest doing it at the bank then you know they are up-to-date and current on the exchange rate amounts
2006-08-14 05:33:05 · answer #1 · answered by Tyana 3 · 0⤊ 0⤋
If a postal money order isn't marked as payable abroad, it usually can't be. That's especially so of U.S. postal money orders.
In the UK, postal orders are quite different from Canadian (which the last time I bought one could be written in CAD, USD or GBP). They are printed in fixed values, and the buyer can add postage stamps to make up fractional amounts of up to £1. They can be crossed (and therefore must be paid into the account of the payee, if any name is written on that line) or not, in which case the recipient can cash them at a post office.
I cannot imagine any Canadian bank cashing a domestic UK postal order.
It is much better to get your correspondent abroad to send you a traveller's cheque in GBP. CAD or USD which you can easily deposit into your Canadian bank account at low cost. If you have a crossed British postal order, I'm afraid the charges to clear them, except maybe at a British bank in Canada, are prohibitive. If you have several of them and expect to get more you might think of opening a savings account with a British building society.
Otherwise, the person who sent them to you should take them back and send T/Cs instead.
2006-08-14 12:37:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Just being paranoid here, but do you know the person or company that sent you the money order?
If it's from someone you've never met or had dealings with before, and they are asking you to send them back some money, then it's quite likely to be a scam, called the Nigerian scam.
I'd be careful if they are asking you to send them some merchandise too.
Just be cautious. Don't get ripped off.
2006-08-14 15:06:18 · answer #3 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
Find a private Bank.They will cash anything.
Boston Private Bank for example.
2006-08-14 12:37:13 · answer #4 · answered by billyandgaby 7 · 0⤊ 0⤋
to a bank you go
2006-08-14 12:36:06 · answer #5 · answered by philip m 2 · 0⤊ 0⤋