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Dollar cheque accounts

My wife has been getting share dividends in dollar cheques, these are small amounts about $30.00. To pay these in to our bank they want to charge approx £15.00.

Any one know an easy way round this?

Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Can the dividends be re-invested in shares in the company?
    Eric
  • calleyw
    calleyw Posts: 9,896 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    I would love to know an answer to this one as well.

    As a company that hubby has got shares in has been taken over so now the dividends are in dollar cheques.

    Hubby is going to set up to re-invest but at the moment he has two dollar cheques and can't do anything with them. As it would cost about £20 for a cheque that is only worth about £15.

    Yours

    Calley
    Hope for everything and expect nothing!!!

    Good enough is almost always good enough -Prof Barry Schwartz

    If it scares you, it might be a good thing to try -Seth Godin
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Send them back to the company registrars in the U.S. stating that they are too small to negotiate and could they put them towards future purchase of shares.
    Don't know if it would work as I've never had to do this myself but worth a go IMO.
    Eric
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