A cheque can be returned. Within BC in Canadian currency balance of the cheque deposit funds will be held until retirement Invest with an advisor. Business Service Charge Bulletin Services. Show me Ways to bank be extended in specific circumstances.
And your bank then still has the right to go back to your relative's bank and withdraw the payment. If you frequently receive cheques made out in USD, you may want to look into getting an actual US based account from BMO and transfer the money over via BMO's cross border banking service they provide. I think the reason for the hold in the case you mentioned lies in policies rather than technology. It's total BS to ask for a fax. Rotate image Save Cancel.
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