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U.S. Funds on a Canadian Check

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If a customer wants to write a check in U.S. funds on a Canadian check, will writing “U.S. funds” on the check instruct everyone involved in the clearing process to process the check in U.S. funds, not Canadian funds?

Unless the preprinted check indicates that it is a US Funds account, I would not accept it.

First published on 09/19/2021

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