If you sell goods or services over the Internet or have relatives and friends that live in Canada, you may run into a problem where you receive a foreign check. Although the money is in a different currency, these checks can be deposited into your American bank account. However, there may be an extended hold on the check to assure the funds clear.
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Fill out a deposit slip with the amount of money listed on the check.
Endorse the back of the check as you would with an American check. Tell the bank teller it is a foreign check.
Wait until the bank hold is removed to withdraw the funds. This may be as long as 14 business days depending on the amount of the check.