The Mudcat Café TM
Thread #111685 Message #2355190
Posted By: Sandra in Sydney
02-Jun-08 - 11:10 AM
Thread Name: BS: Help Appreciated-UK Cheque
Subject: RE: BS: Help Appreciated-UK Cheque
US banks might lose money on the transaction, as Oz banks could a few years back when I worked in the bookshop of a Govt Agency.
In the days before we had eCommerce, we received a US check for $17USD (even tho we always asked our international customers for "Payment in Australian dollars by a cheque drawn on an Australian bank") instead of $17AUD & a $AUD was worth less than a $USD we lost out on conversion, + bank fees.
If I'd received it, I would have sent it back (less experienced colleagues processed it before I saw it), fooey to prompt customer service, if folks can't read instructions, they can wait for their goods. I'm sure they would not have accepted an Australian cheque in $AUD!