OOPS!!! I spoke too soon. My refund check came back! I do not check my bank account very often so when I saw the check came back, I called the teller and she could not reveal any information. She said I would receive a letter from the bank with an explanation. I contacted Eric and he said this has never happen before. He said to inform him when I received the explanation from my bank for the reason the check came back. I will keep this forum updated as soon as I have received either additional information and/or the funds. :eek:
As promised, I am updating on my experience with First North American Trading. The original refund check was returned marked "Not Eligible for clearing". I never found out the reason but Eric said some USA banks would not accept his checks. I contacted Eric on 2-11-09 and he said he would Xpress Post mail postal money orders the same day. He did and I received the money orders today and have deposited them in my bank checking account. The bank called the Canadian Postal Service and got authorization numbers which the teller said verified that the money orders were legitimate. Overall, my experience with FNA has been satisfactory but, as with any investment, do your own due negligent.