Path: utzoo!utgpu!watserv1!watmath!att!att!linac!pacific.mps.ohio-state.edu!zaphod.mps.ohio-state.edu!wuarchive!mit-eddie!media-lab!garp!henry From: henry@garp.mit.edu (Henry Mensch) Newsgroups: comp.org.usenix Subject: Re: US$ drawn on a US bank Keywords: USENIX Association Message-ID: <4138@media-lab.MEDIA.MIT.EDU> Date: 21 Nov 90 13:53:17 GMT References: <592@usenix.ORG> <1990Nov17.082513.9367@looking.on.ca> <742@taniwha.UUCP> <1990Nov20.211025.1611@looking.on.ca> Sender: news@media-lab.MEDIA.MIT.EDU Organization: MIT Project Athena External Relations Lines: 24 brad@looking.on.ca (Brad Templeton) wrote: ->I think it's quite annoying when, if foreigners ->go to the trouble of getting accounts in your currency, the banks still cause ->trouble. getting an account denominated in USD isn't the issue (you could get a chequing account denominated in ECUs ... you can still write checks on that account in any freely-traded currency provided your recipient can process it). the issue is that your cheques probably have words on them that indicate canadian origin. bank tellers aren't very bright (they're paid to be surly, you see), and their most immediate management was likely behind the teller's window in the not-too-distant past (and suffer from similar stupidity) and they just don't know if their bank has arrangements to process canadian cheques drawn in USD. you can avoid the issue by avoiding the use of cheques. wire transfers (pricey for the amount of money involved, but certainly quick) and credit cards are good alternatives. # Henry Mensch / / E40-379 MIT, Cambridge, MA # / / # via X.400: S=mensch; OU=informatik; P=tu-muenchen; A=dbp; C=de