Results 1 to 10 of 10
  1. #1
    craig96 is offline Private Member
    Join Date
    November 2010
    Location
    UK
    Posts
    328
    Blog Entries
    3
    Thanks
    7
    Thanked 34 Times in 30 Posts

    Default Cashing This Cheque

    I have received a cheque through from an affiliate but the only problem is it is in $ and me being in the UK I use £. Do I just cash it in as normal or do I need to do anything differently?

  2. #2
    davemerry's Avatar
    davemerry is offline Public Member
    Join Date
    June 2010
    Location
    London
    Posts
    751
    Thanks
    332
    Thanked 230 Times in 182 Posts

    Default

    Hi Craig!

    Unsure if you will be able to cash it as normal, international cheques are usually a pain and since my experience with them I avoid them like the plague.

    I know with banks you are charged a hefty fee in advance (I think mine was £13 or something) to put it into the account, I was also required to bring identification and fill out a 2 page long form before being able to put it in - even then it took about 10 days to clear.

    Pain!

  3. #3
    baldidiot is offline Private Member
    Join Date
    January 2010
    Posts
    5,019
    Thanks
    429
    Thanked 2,294 Times in 1,528 Posts

    Default

    You can just pay it into your UK bank as normal (have done it myself), but as dave has already said you do get stung with fees. Any way you can get them to reissue the cheque or pay by another method?
    onlinegamblingwebsites.com - Formally known as goodbonusguide.

    Gambling Domains: Small clear out of some of the domains we've been hoarding on Dan - see the list here. Prices negotiable, and willing to swap for decent links.

  4. #4
    wagerjunction's Avatar
    wagerjunction is offline Public Member
    Join Date
    January 2004
    Location
    Mauritius
    Posts
    1,570
    Thanks
    279
    Thanked 273 Times in 222 Posts

    Default

    Quote Originally Posted by baldidiot View Post
    You can just pay it into your UK bank as normal (have done it myself), but as dave has already said you do get stung with fees. Any way you can get them to reissue the cheque or pay by another method?
    These would be good alternatives if possible. Though they might make you wait for the cheque cancellation to be confirmed before issuing another one or sending the funds by another method.

    For future reference you might ask them to convert the funds from $ to £ before sending them to you. At the very most there might be a slight discrepancy in the amount depending on the exchange rate but nothing as high as the fees mentioned above.

    I don't think there should be a problem with your request, we also pay in $ but have converted into € previously when an affiliate requested it.

    Hope that helps.
    Amy
    Affiliate Manager
    WagerJunction | Facebook
    [SIGPIC][/SIGPIC]

  5. The Following User Says Thank You to wagerjunction For This Useful Post:

    craig96 (4 May 2011)

  6. #5
    RayUK's Avatar
    RayUK is offline In Memorian, 1964-2016
    Join Date
    January 2009
    Location
    England
    Posts
    322
    Thanks
    51
    Thanked 75 Times in 63 Posts

    Default

    I use these guys: http://auctionchex.com/ for getting USD 'checks' into my UK account. The exchange rate isn't the best by a long shot, but for me it works out better than the conversion charges (and hassle) I would get trying to pay it directly into my account (for checks/cheques of less than a few hundred dollars anyway).

    I have used them for some time, albeit intermittently, and it has worked fine. Something to consider anyway!
    Ray
    Fun Bingo Online Facebook Twitter

    Tu ne cede malis sed contra audentior ito

  7. #6
    baldidiot is offline Private Member
    Join Date
    January 2010
    Posts
    5,019
    Thanks
    429
    Thanked 2,294 Times in 1,528 Posts

    Default

    Quote Originally Posted by RayUK View Post
    I use these guys: http://auctionchex.com/ for getting USD 'checks' into my UK account. The exchange rate isn't the best by a long shot, but for me it works out better than the conversion charges (and hassle) I would get trying to pay it directly into my account (for checks/cheques of less than a few hundred dollars anyway).

    I have used them for some time, albeit intermittently, and it has worked fine. Something to consider anyway!
    Interesting! Are there any additional charges or is it built into the exchange rate?
    onlinegamblingwebsites.com - Formally known as goodbonusguide.

    Gambling Domains: Small clear out of some of the domains we've been hoarding on Dan - see the list here. Prices negotiable, and willing to swap for decent links.

  8. #7
    RayUK's Avatar
    RayUK is offline In Memorian, 1964-2016
    Join Date
    January 2009
    Location
    England
    Posts
    322
    Thanks
    51
    Thanked 75 Times in 63 Posts

    Default

    Quote Originally Posted by baldidiot View Post
    Interesting! Are there any additional charges or is it built into the exchange rate?
    There was a small charge for linking to my bank account, so they could direct deposit the converted amounts. After that it is just folded into the exchange rate. I think they charge you postage if you want to be posted a GBP cheque rather than have it deposited. The main thing I like is the convenience and speed - I fill out the details online, print out a page which has their address on it for a windowed envelope, sign the back of the USD check and post it, I get the money in my account within a week or so.

    The FAQ page is here with the costs I mentioned in the first item: http://auctionchex.com/exfaqs-s.html
    Ray
    Fun Bingo Online Facebook Twitter

    Tu ne cede malis sed contra audentior ito

  9. The Following User Says Thank You to RayUK For This Useful Post:

    baldidiot (4 May 2011)

  10. #8
    tryme's Avatar
    tryme is offline Public Member
    Join Date
    March 2009
    Posts
    306
    Blog Entries
    5
    Thanks
    35
    Thanked 135 Times in 94 Posts

    Default

    Which bank are you with. I'm with Lloyds and they cash USA/Non-UK cheques faster than they cash UK cheques and the fee is like £8 no matter how many cheques you put through.

  11. The Following User Says Thank You to tryme For This Useful Post:

    craig96 (4 May 2011)

  12. #9
    RayUK's Avatar
    RayUK is offline In Memorian, 1964-2016
    Join Date
    January 2009
    Location
    England
    Posts
    322
    Thanks
    51
    Thanked 75 Times in 63 Posts

    Default

    I am with Barclays. It does vary from bank to bank and googling the topic seems to indicate that some people don't have so much trouble paying USD checks direct into their UK current account (perhaps these days?). I know that I contacted my bank when I first wanted to do this a couple of years ago and it sounded like a lot of hassle and expensive at the time.
    Ray
    Fun Bingo Online Facebook Twitter

    Tu ne cede malis sed contra audentior ito

  13. #10
    craig96 is offline Private Member
    Join Date
    November 2010
    Location
    UK
    Posts
    328
    Blog Entries
    3
    Thanks
    7
    Thanked 34 Times in 30 Posts

    Default

    Quote Originally Posted by tryme View Post
    Which bank are you with. I'm with Lloyds and they cash USA/Non-UK cheques faster than they cash UK cheques and the fee is like £8 no matter how many cheques you put through.
    Thanks for the feedback guys, much appropriated. Looks like I have a few options that I can do.

    Yeah I am also with Lloyds also.

    I like the idea of asking them to send the cheque in £s if possible too.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •