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Thread: Redeeming lawful money at a Canadian bank

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  1. #1
    Quote Originally Posted by Jaro View Post
    Hmm, that would indicate that you truly converted the check into lawful money, since they didn't track the transaction by requiring to know your bank account, and by not stamping it. Since they didn't stamp it, that'd indicate that those checks will be handled SEPARATELY, i.e. not through fractional lending. So 'Pay to the order of' might indicate the statutory person JOHN DOE, while 'Pay to' would indicate the real man John Doe.

    Banks track all transactions with FRNs since that involves credit from FedRes, which adds to the national debt, but would have no interest in tracking transactions with lawful money, since that is OUT of their corporate Matrix, and so doesn't constitute income.
    What exactly did you put on the back?
    'Demand for Lawful Money in the form of Non-Negotiable Bank of Canada Notes at Par Value only. Without Recourse.' I don't put a signature on the back of the check.
    Last edited by amosfella; 12-25-13 at 01:07 AM.

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