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Alternatives to Cash
Money Orders
Money orders are used for a variety of purposes. They are simply a guaranteed
cheque, accepted readily as cash. Features include:
- Available in Canadian or U.S.
funds up to $1,000
- Accepted nationally and internationally
- Come complete with a carbon receipt
- Can be traced if lost or stolen
Travelers
Cheques
For peace of mind, purchase either Canadian or American Travelers cheques
when planning your trip. Travelers cheques may be purchased in lots
of $20, $50, $100, or $500 with no fee for Gimli Credit Union members.
U.S. Drafts
U.S. Drafts are similar to traveler's cheques except that they can be
purchased in any denomination.
- Available in U.S.
funds with no limit
- Accepted nationally and internationally
- Come complete with a carbon receipt
- Can be traced if lost or stolen
Wire Transfers
Travelling and find yourself in need of cash? Money can be wired directly
to any financial institution you enter (credit unions are less expensive.)
Within Canada, money can reach you in as little as 10 minutes to 2 hours
(if requesting money from a credit union). Money can also be wired outside
of Canada, but expect a substantially longer wait depending on where
you are requesting the money from.
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