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Old 07-25-2007, 07:09 AM  
Trixxxia
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Join Date: Aug 2004
Location: Montreal, Canada
Posts: 5,600
Quote:
Originally Posted by WiredGuy View Post
Do you happen to know what the name of this service is (of the bank trying to cash it every day)? I definitely want to pursue that option but not sure how to ask for it at my bank.

Thanks Trixxia!!
WG
WG - Yeah every bank/branch offers this service - I just called my bank to make sure the term is right, and it is considered 'On Collection'. My branch says that the Payee bank holds it for 10 days but I'm almost sure it was more (this girl wasn't 100% sure cuz she's never done it) but the term is 'On Collection'. Just go to the original bank/branch that you deposited to, hopefully you've kept the voucher and all, then ask them to send it 'On Collection'. If they don't know what you're talking about, talk with the branch manager - he/she should know.

I hope that helps.
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