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  1. #1
    ABW Ambassador ToughTurkey's Avatar
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    Does anyone here who lives in Europe recieve their cheque in Euros, and if you do - how long does your bank take to clear it? Also is their any extra charge by the bank?

    Cheers

  2. #2
    Full Member c4's Avatar
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    I get all the checks in USD but I cash them the same day I get them.

    What I do is sign a document saying I autorhize my bank to take the paid money from my account in case the check does not clear (to clear checks from US banks it takes about a week I guess). So I just go to the bank, sign that document and get paid instantly, no waiting for the check to clear. In case the check would not clear they would just take the amount from my bank account (this has not happened yet though).

    Ask at your bank if you can do something similar. If you can't make this deal at one bank, try another (but you will have to have an account with them).

    They don't charge anything extra, pay me what I get. If the check says $500, I get $500. Period.



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  3. #3
    Member
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    Depends of the country,

    Here in Spain the banks charge 6 Euros for each foreign cheque.

  4. #4
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    Depends on the bank I guess.. I get a €15 flat fee for as many checks as I want

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  5. #5
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    Some years ago I asked for checks in my currency but I stopped that at once. because the fees cj.com takes are higher than those my bank takes for $$$checks.


    carneol

  6. #6
    Full Member c4's Avatar
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    Yes, I agree it depends on the bank. Like said, my bank is great and they don't charge anything (except that 1% or so when changing $ to our currency, like all exchanges do).

    If your bank charges that much you can go visit some other banks and ask them how they do it.



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  7. #7
    Affiliate Manager emphimy's Avatar
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    my bank dont charge anything too but i must wait a month to get my money

    UtOpiA StiLL uNBorN

  8. #8
    Member
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    Hi, Javi,

    Which bank is this?

    We use Caja Madrid, but I have supposed it was a common policy in the Spanish Banks to charge 6 Euro.

    Thanks! :-)

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