Cheapest way to pay US dollar cheque into UK acc.

RichyRich

Auctionpix is genuine

the_mit

I recently received a gift of $11,000 (cheque). Put it straight into a Nat West dollar account. Nat West took $53 for the privilege. I want to keep the money in dollars in the uk. Where do I go, what do I do?

darbooka

Have a look at the Citibank dollar account. See http://www.citibank.com/uk/personal/banking/

lincolnscot

Have just sent US dollar cheque to auctionchex for conversion to GBP will post results upon return of funds.

Hooray Auctionchex works

Posted the cheque on Saturday and received a Nat West cheque back on Thursday, cost were about £2 on a $45 dollar conversion.

Brilliant :j

IKENVIV

I have someone from the UK that wants me to cash his checks and take a fee and send the rest via Western Union. Has anyone ever had to do that in their dealings with Business here? I suggested a Bank Account I have and I'm waiting for his response.

bengal-stripe

IKENVIV wrote:

I have someone from the UK that wants me to cash his checks and take a fee and send the rest via Western Union.

It's a scam!

MrExample

lincolnscot wrote: »

Have just sent US dollar cheque to auctionchex for conversion to GBP will post results upon return of funds.

Hooray Auctionchex works

Posted the cheque on Saturday and received a Nat West cheque back on Thursday, cost were about £2 on a $45 dollar conversion.

Brilliant :j

How much did you actually end up with in pounds? Their quoted exchange rates seem awfully high.

the_mit

I Have $11,00 in a nat west account. I want to use those dollars on a holiday to the usa. Is there a bank I can transfer that money to who will then give me a bank card to access the dollars in the states. Or any other sugggestions?

inmypocketnottheirs

the_mit wrote: »

I Have $11,00 in a nat west account. I want to use those dollars on a holiday to the usa. Is there a bank I can transfer that money to who will then give me a bank card to access the dollars in the states. Or any other sugggestions?

Yep. Try https://www.citibank.co.uk. Open a stirling current account and a dollar account. You can then switch your visa debit card around between the accounts depending on which one you want to use.

HTH

dazzalad

boots_babe wrote: »

I have a cheque for $10.26 which I tried to pay in to my bank (LloydsTSB). However, they told me that after charges the value paid into my account would be just 24p!!

I realise that banks have to charge something for this, but this really seems extortionate! I was wondering if anyone knows of a cheaper way to cash a US dollar cheque?

I am currently switching my current account to A&L so will check their charges, and will also check Smile as I have a current account with them too.

If there is no better way of doing it then I'll still pay it in, just as a point of principle if nothing else.

wat would happen if ya put a cheque ib for $1.5M in to a UK account?