Quote:
Originally Posted by Tron_fdc
So I went into my branch, and they said that they couldn't do anything. Apparently I have to go into his branch (not only his bank but his BRANCH) and have it certified there, which doesn't help because I'm in Calgary and his branch is in Ontario.
I'm with RBC and he's CIBC if that means anything. I'm going into a CIBC this afternoon though, and see if there's something I can do. I have a feeling that this isn't something that a lot of people normally do either, because everyone I talk to (phone banking, tellers, etc) have no idea if they can certify a bad cheque bank to bank.
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Well, I deal with the local credit union.
When I get an NSF cheque, I process it here at the office, then take it to my credit union and ask them to send it out on collection.
there is a charge as previously mentioned. Now, I dont know if you need to be a business to do that, or not.
Those at phone banking or tellers dont know any better. I worked at CIBC for years and know full well that they do it. Again, I dont know if you need to be a business to do that or not.
upon further reading your post...
you may want to contact his branch, explain the circumstance and see if they would be willing to hold it for collection. Again there may be a charge for this.
you could then send it to them (make sure you keep a copy) and ask them to hold it for collection.
also, if the cheque is a NSF (non sufficient funds) item, then the stamp they place on it is something to the effect of "pursuant to clearing rules this item may not be cleared again unless certified" so in other words, it needs to be certified in order for it to be cleared.