UPS loses family's $846,000 inheritance, Offers To Refund $32 Shipping Fee

[cheryl]

UPS loses family's $846,000 inheritance- CBC

Bank draft goes missing and TD Canada Trust is in no rush to issue new one

An Ontario family is locked in a lengthy, three-way David vs. Goliaths battle after courier company UPS lost a bank draft worth more than $846,000 and TD Canada Trust — the bank that issued it — appears to be in no rush to issue a new one.

"It was a total surprise" Lorette Taylor told CBC News this week about the ordeal. "Never in my wildest imagination did I think something like this would happen."

Taylor and her husband John say they're at their wit's ends trying to recover the money.

 

[rickyb]

td bank. they are invested in big oil.

 

[oldngray]

Canadian dollars.

Not like its real money.

 

[rickyb]

Canadian dollars.

Not like its real money.

haha just wait till america is no longer reserve currency...or the next financial crisis.

 

[Box Ox]

I’d bet the bank draft envelope slipped into the crack at the end of a belt and was destroyed by the belt motor. Saw it happen several times when I was a preloader.

 

[Ghost in the Darkness]

I think it was mispaled and delivered to United Way. Probably deposited and spent already on morning donuts and coffee.

 

[UpstateNYUPSer(Ret)]

The UPS tariff limits the amount that a check can be insured for------I am trying to look on ups.com but it is loading really slowly-----but I do know that a check for that amount cannot be insured for its full value.

 

[Ghost in the Darkness]

Its funny though, funds came from the bank. Its not like the money was stolen and another check couldn't be written. This isn't a first time occurance I'm sure. Cancel out the first note, re-write. Its not like an original painting shipped then smashed by the local sort.

 

[rod]

I’d bet the bank draft envelope slipped into the crack at the end of a belt and was destroyed by the belt motor. Saw it happen several times when I was a preloader.

I once found a NDA envelope wedged into the door channel of my P800. From the looks of it it had been there for years.

 

[Jkloc420]

@Monkey Butt is on it

 

[Box Ox]

I once found a NDA envelope wedged into the door channel of my P800. From the looks of it it had been there for years.

Hadn't thought of that. Have curiously dug out 1 or 2 while on lunch myself.

 

[TearsInRain]

so 10 months ago but because it's peak UPS huh?

 

[UpstateNYUPSer(Ret)]

From the UPS Terms of Service:

UPS does not accept for transportation and shippers are prohibited from shipping:

Coins, cash, currency, bonds, postage stamps, money orders and negotiable instruments (such as drafts, bills of exchange, or promissory notes, excluding checks).

 

[Turdferguson]

The UPS tariff limits the amount that a check can be insured for------I am trying to look on ups.com but it is loading really slowly-----but I do know that a check for that amount cannot be insured for its full value.

UPS will pay the stop payment fee on a check, they will not insure the value of the check

 

[el blanco]

I don't think a check for any amount can be insured

no intrinsic value, just a piece of paper

 

[UpstateNYUPSer(Ret)]

UPS will pay the stop payment fee on a check, they will not insure the value of the check

I don't think a check for any amount can be insured

no intrinsic value, just a piece of paper

This has already been covered.

TTKU

 

[el blanco]

This has already been covered.

TTKU

go feed the cat, adults are talking here

 

[zubenelgenubi]

For that much money I'd drive the 880 km round trip.

 

[LeadBelly]

Should of been ent with the bitcoins

 

[Kae3106]

From the UPS Terms of Service:

UPS does not accept for transportation and shippers are prohibited from shipping:

Coins, cash, currency, bonds, postage stamps, money orders and negotiable instruments (such as drafts, bills of exchange, or promissory notes, excluding checks).

Once a year my office receives a package of all loose foreign currency that has fallen out of packages. It's a pretty good sized package.