In the fall of 2023, Canadian news outlets reported the agonizing story of a retiree, Louis Kavaratzis, when registered mail sent to him went missing.
Louis’ inheritance was put in jeopardy because Canada Post lost track of his certified cheque for $301,560. TD Bank, who issued the cheque, could not help him since no stop payment can be made on a certified cheque which is practically “as good as cash” once issued.
Fortunately, this story had a happy ending.
Here’s the original article which offers possible solutions to prevent this problem:
https://www.cbc.ca/news/canada/toronto/inheritance-300k-lost-canada-post-certified-cheque-1.6973897
