Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • misa3081
    • By misa3081 6th Aug 18, 10:04 AM
    • 2Posts
    • 0Thanks
    misa3081
    Cashing a Foreign Currency Cheque
    • #1
    • 6th Aug 18, 10:04 AM
    Cashing a Foreign Currency Cheque 6th Aug 18 at 10:04 AM
    I've received a cheque in Canadian dollars ($1200) as compensation for a delayed flight - unfortunately my bank (Nationwide) no longer accepts foreign currency cheques so I cannot pay it into my account.

    Does anyone have any advice on where/how I can cash this? I did search the forum but the only threads I could find were from a few years ago so there may be some more up to date information out there.
Page 1
    • DCFC79
    • By DCFC79 6th Aug 18, 10:19 AM
    • 33,120 Posts
    • 20,859 Thanks
    DCFC79
    • #2
    • 6th Aug 18, 10:19 AM
    • #2
    • 6th Aug 18, 10:19 AM
    I've received a cheque in Canadian dollars ($1200) as compensation for a delayed flight - unfortunately my bank (Nationwide) no longer accepts foreign currency cheques so I cannot pay it into my account.

    Does anyone have any advice on where/how I can cash this? I did search the forum but the only threads I could find were from a few years ago so there may be some more up to date information out there.
    Originally posted by misa3081

    A few options on google.
    • misa3081
    • By misa3081 6th Aug 18, 10:49 AM
    • 2 Posts
    • 0 Thanks
    misa3081
    • #3
    • 6th Aug 18, 10:49 AM
    • #3
    • 6th Aug 18, 10:49 AM
    Yes, I did look through a couple of searches, ideally I'd avoid having to open a new account but if needs must!
    • eDicky
    • By eDicky 6th Aug 18, 1:23 PM
    • 4,008 Posts
    • 2,141 Thanks
    eDicky
    • #4
    • 6th Aug 18, 1:23 PM
    • #4
    • 6th Aug 18, 1:23 PM
    If you search this board for the many previous threads about cashing dollar cheques in UK, you can read of solutions suggested and perhaps found to work, or not.

    If you could return the cheque with a demand for bank transfer or payment to the card you used to buy the ticket, instead, that would be ideal but perhaps not acceptable for the airline.
    • Niv
    • By Niv 6th Aug 18, 1:44 PM
    • 1,703 Posts
    • 1,526 Thanks
    Niv
    • #5
    • 6th Aug 18, 1:44 PM
    • #5
    • 6th Aug 18, 1:44 PM
    I know Lloyds bank do it (as we have done this with a US cheque recently). You probably need an account though so maybe not what you are looking for.
    YNWA

    Target: Mortgage free by 58.
    • xylophone
    • By xylophone 6th Aug 18, 3:51 PM
    • 27,645 Posts
    • 16,610 Thanks
    xylophone
    • #6
    • 6th Aug 18, 3:51 PM
    • #6
    • 6th Aug 18, 3:51 PM
    Do you have a Barclays /Natwest branch nearby?

    You might open an account on line, wait for your card in the post then take the cheque into the branch.

    You could always close the account if not required after you had received the money?

    https://supportcentre.natwest.com/Searchable/1015648712/How-long-does-it-take-for-foreign-cheques-to-clear.htm

    https://www.barclays.co.uk/help/payments/cheques/pay-foreign/

    But there will be charges and possibly a poor exchange rate?
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

339Posts Today

1,492Users online

Martin's Twitter