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Wow, the Austria/Australia confusion happens in Europe as well! A friend of mine had to send letters from the US to Austria and finally started addressing them
street
Vienna, Austria
EUROPE
because they kept taking the scenic route.
Pretty sad for one of the former Great Powers.
I grew up in Philadelphia, and read an article in the paper in the early 80s that went something like this:
No need to read an article, this actually happened to me.
My first job after college was as a junior accountant for a rental building. Part of my duties was to reconcile the checkbook.
Anyway, one month I noticed a service charge for currency translation on the bank statement. However, there was no notation for any foreign checks on that statement.
I called the bank and was politely told that we had deposited a check from Puerto Rico, which uses foreign currency. I asked which foreign currency they used and was told “pesos”. Then I asked what was the going rate (circa 1983) for Puerto Rican Pesos. Didn’t get an answer to that one.
The last time Puerto Rico used pesos was in the 1860’s and still a Spanish colony. At the time a Spanish peso was equivalent to a US dollar. In fact, it was the currency on which the US monetary system was based!
I asked for the manager, explained the situation and of course, the charge was reversed.
We Americans can can be so stupid at times.
gatorcpa
No need to read an article, this actually happened to me.
My first job after college was as a junior accountant for a rental building. Part of my duties was to reconcile the checkbook.
Anyway, one month I noticed a service charge for currency translation on the bank statement. However, there was no notation for any foreign checks on that statement.
I called the bank and was politely told that we had deposited a check from Puerto Rico, which uses foreign currency. I asked which foreign currency they used and was told “pesos”. Then I asked what was the going rate (circa 1983) for Puerto Rican Pesos. Didn’t get an answer to that one.
The last time Puerto Rico used pesos was in the 1860’s and still a Spanish colony. At the time a Spanish peso was equivalent to a US dollar. In fact, it was the currency on which the US monetary system was based!
I asked for the manager, explained the situation and of course, the charge was reversed.
We Americans can can be so stupid at times.
gatorcpa