Results 1 to 11 of 11
  1. #1

    US to Canada Banking, PLEASE HELP

    Well I'm in the process of finalizing this deal but now the seller told me his bank (CIBC) wants to put a 30 day hold on the cashier's check that my credit union is going to issue. Does this sound right??? I realize it's international banking but a 30 day hold??? Anyone have experience with this?

  2. #2
    Well apparently it is the norm. Guess I will be doing a wire transfer....

  3. #3
    Enthusiast
    Join Date
    Nov 2013
    Location
    Rocky Mountains
    Posts
    1,888
    Yep, for international to Canada like that, it is a 30 day hold. It is a 2 week hold for state to state with my credit union here in Colorado so is what it is.

  4. #4
    Enthusiast
    Join Date
    Nov 2013
    Location
    Blair, Nebraska
    Posts
    3,804
    Sent you a PM

  5. #5
    Quote Originally Posted by Bill Pemberton View Post
    Sent you a PM
    Replied!

  6. #6
    Quote Originally Posted by Bill Pemberton View Post
    Sent you a PM
    Thank you!!!

  7. #7
    Wire, takes a couple days to clear

  8. #8
    Enthusiast
    Join Date
    Oct 2013
    Location
    Ontario,MCVO,PA,OH
    Posts
    2,671
    I bank with CIBC and they tell me 10 to 15 business days . GLWS !

  9. #9
    Thanks guys!

  10. #10
    Send me the money and I'll clear it in five... I promise!!!


  11. #11
    Enthusiast
    Join Date
    Feb 2015
    Location
    GWN
    Posts
    769
    30 days..in today's day and age = crazy.


 

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •