Canadian GST refund - ITRS

Patty Winter wrote:

In article nJk5d.97696$KU5.1898@edtnps89,
=?ISO-8859-9?Q?Kir=E1ly?= wrote:
Patty Winter wrote:

Where possible, rebate cheques will be issued in the currency of the
visitor's home country.

Even so, foreign banks can still charge hefty fees to cash those cheques
even if they are denominated in local currency.

I once needed to send EUR 18.00 from Canada to someone in Holland. I
purchased an international money order from my bank, denominated in EUR.
My recipient's bank in Holland wanted to charge him 10.00 EUR to cash the
money order, leaving him with EUR 8.00

Banks don't necessarily treat money orders the same as checks, do they?

Patty

Cheques would be the same. The problem is that banks have a clearing
system, usually automated, and cheques from foreign banks have to be
dealt with manually. I had a U.S. dollar bank account at a Canadian
bank. Cheques that I sent to the U.S. were in U.S. dollars but could not
be cleared through the U.S. banking system and needed to be handled
seperately. This meant that the cheque recepient in the U.S. also had to
pay $10 or $15 for this.

I now have a U.S. account where the cheques clear through a U.S. bank so
there is no extra fee involved. I would think this applies to Europe
etc.

Király wrote:
Patty Winter wrote:

http://www.cra-arc.gc.ca/tax/nonresi...urrencyofissue

Where possible, rebate cheques will be issued in the currency of the
visitor's home country. All cheques that are not issued in one of the
specified currencies will be issued in Canadian dollars.

("specified currencies" links to a list of 51 countries.)


Even so, foreign banks can still charge hefty fees to cash those cheques
even if they are denominated in local currency.

For cheques sent to the US, they are drawn on a bank in the US, which
eliminates that conversion fee.

(Though you may have to point out that the "Bank of Canada" [or
whatever] actually lists a US address on the cheque.)

--
Evelyn C. Leeper
http://www.geocities.com/evelynleeper
If you want to live like a Republican,
you've got to vote for a Democrat. --Harry S. Truman

Király wrote:
Patty Winter wrote:

http://www.cra-arc.gc.ca/tax/nonresi...urrencyofissue

Where possible, rebate cheques will be issued in the currency of the
visitor's home country. All cheques that are not issued in one of the
specified currencies will be issued in Canadian dollars.

("specified currencies" links to a list of 51 countries.)


Even so, foreign banks can still charge hefty fees to cash those cheques
even if they are denominated in local currency.

For cheques sent to the US, they are drawn on a bank in the US, which
eliminates that conversion fee.

(Though you may have to point out that the "Bank of Canada" [or
whatever] actually lists a US address on the cheque.)

--
Evelyn C. Leeper
http://www.geocities.com/evelynleeper
If you want to live like a Republican,
you've got to vote for a Democrat. --Harry S. Truman

Király wrote:
Patty Winter wrote:

http://www.cra-arc.gc.ca/tax/nonresi...urrencyofissue

Where possible, rebate cheques will be issued in the currency of the
visitor's home country. All cheques that are not issued in one of the
specified currencies will be issued in Canadian dollars.

("specified currencies" links to a list of 51 countries.)


Even so, foreign banks can still charge hefty fees to cash those cheques
even if they are denominated in local currency.

For cheques sent to the US, they are drawn on a bank in the US, which
eliminates that conversion fee.

(Though you may have to point out that the "Bank of Canada" [or
whatever] actually lists a US address on the cheque.)

--
Evelyn C. Leeper
http://www.geocities.com/evelynleeper
If you want to live like a Republican,
you've got to vote for a Democrat. --Harry S. Truman