My Canadian mother-in-law gifted us with a rather large check, drawn on her Canadian bank. The credit union we use will not accept it for deposit. Now what do we do?
Collection of checks on Canadian banks can involve delays and fees, and depositary institutions often refuse to accept such checks for deposit. However, your credit union may be able to help you by taking the check for collection. That's a process in which you endorse the check and you receive a receipt indicating that the credit union has taken it for collection. The check is then sent directly to either the Canadian bank with instructions to remit in U.S. funds on a U.S. bank, or to a U.S. bank that has routine arrangements for Canadian check collection.
The process will take some time. You may wait several weeks before the remittance reaches the credit union. There will be special handling fees exacted by the credit union and the banks involved. However, once the remittance is received, it will be credited to your account at the credit union.
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Collection of checks on Canadian banks can involve delays and fees, and depositary institutions often refuse to accept such checks for deposit. However, your credit union may be able to help you by taking the check for collection. That's a process in which you 