Apparently you didn’t read the article. The Bank claims the certified check is the equivalent to cash, and can’t be cancelled.
I don’t believe a bank would get away with this in America. Even the request for indemnity. But who knows what Canada’s laws on this subject are? Wait—they should see a Canadian attorney!
That was a pretty stupid way to get the check issued... Who suggested it? Waiting for an ordinary check to clear would make far more sense.
I hope that bank’s CEO has to go before Canada’s parliament.
” certified check “
Bank draft.
So essentially, they entrusted a delivery service with almost a million dollars cash. What could possibly go wrong?