US dollar cheques in UK account

RFW

I'm likely to be receiving some personal cheques (checks!) from US bank accounts. Is there a way to pay these in the UK or would it be easier to pay them into a US account and transfer them. If the latter, how and where can I (as a UK citizen) open a US bank account?

Thank-you

97trophy

open a US$ account with Citibank London

RFW

97trophy wrote: »

open a US$ account with Citibank London

Is that ok to pay US cheques into? Is there any extra charge?

rb10

You can pay them into your normal sterling current account. Depending on the amounts of them, the bank may charge you for this, so it may be cheaper to open a USD account. Places like Citibank and Bank of Scotland do these types of account.

97trophy

RFW wrote: »

Is that ok to pay US cheques into? Is there any extra charge?

free to open and its free to pay in US$ checks

see their website

RFW

97trophy wrote: »

free to open and its free to pay in US$ checks

see their website

I was just looking and the website doesn't say about paying in US$ checks, but I'll give it a go. Thanks

97trophy

RFW wrote: »

I was just looking and the website doesn't say about paying in US$ checks, but I'll give it a go. Thanks

Put more effort in!!!!!

http://www.citibank.co.uk/personal/banking/international/eurocurrent.htm?merchant=citi

RFW

97trophy wrote: »

Put more effort in!!!!!

http://www.citibank.co.uk/personal/banking/international/eurocurrent.htm?merchant=citi

Unless I'm missing something all that page does is tell you about paying money in in the UK to spend in the US and getting a cheque book in dollars.

jonesMUFCforever

Unless the terms have changed you used to have a balance of £2000 equivalent for it to be free.

RFW

jonesMUFCforever wrote: »

Unless the terms have changed you used to have a balance of £2000 equivalent for it to be free.

There is a minimum amount in the current account but not in one of the saver accounts.

jonesMUFCforever

Can you have a saver account for free without the current account?