An Ottawa man acting as executor of a will says TD Canada Trust gave him “faulty advice” to mail $500,000 in bank drafts to family members in the U.S. — a move that caught the attention of U.S. border officials, who seized the money.

Almost a year later, the money is still stuck at the border. Executor David Saikaley worries the family members may never see their inheritance.

I trusted the bank. I thought they were experts– David Saikaley , executor of will 

“It’s like this money has fallen into a black hole,” said Saikaley.

He was in a rush to send the money, because one beneficiary’s health is quickly deteriorating, and he needs to pay a mounting pile of medical bills.

Saikaley says TD won’t cancel the bank drafts, because it treats the documents as cash. Meanwhile, U.S. border officials won’t release the money, deeming it “counterfeit.” You can’t mail more than $10,000 across the border without notifying officials beforehand. Saikaley says his bank never told him that.

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source: CBC News

https://www.cbc.ca/news/canada/ottawa/bank-drafts-seized-us-border-td-bank-customer-service-1.4749780