Nick Zentena [EMAIL PROTECTED] wrote:
"Does the US clear things electronically? I know in the past US sellers
didn't like Canadian bank MO because it could take forever to clear. That
meant sending Postal MO that would clear quicker. I've heard horror stories
about how long personal checks can take to clear in the US."

Nick,
A couple months ago, I sold a lens to a Canadian. He paid me with a Canadian
money order; I forget whether it was a Postal money order or a bank money
order. Anyway, two days after I mailed it to my credit union, I received a
message on my answering machine: Because the money order was "foreign," it
would take a few days to clear. It took about four business days.

I was surprised; I had assumed that a money order is as good as gold.

[EMAIL PROTECTED]
 


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