Banking charges

[Tazmo]

I recently tried to cash or deposit a cheque which I received from the UK. ( Premium Bonds small win), but my 

Bangkok Bank told me that I would have to pay 55 USD fee to do so.  I couldn’t understand her reasons.

is this standard for all Banks or should I be switching to another Bank?

 I ended up posting the cheque to my daughter in the UK for her to deposit, if it doesn’t expire by then. It took a month to arrive here by post!

[EricTh]

Non-Thailand issued cheques take a long time to process as it has to be processed and verified outside Thailand, thus the expensive fees.

 

It's better to deposit in the UK, and then use Transferwise to transfer to Thailand with a much smaller service fees.

[Gottfrid]

Of course you have to pay for cash in a foreign check. Has been like that for ages. ????

[Lemsta69]

what's so hard to understand? cheque is old tech and expensive to process. bank is not a charity. 

[scubascuba3]

Hard to believe anyone would think there wouldn't be a big charge for that, most of us wouldn't even ask

[ThailandRyan]

I just use my US Banking app and scan the check using the app and deposit it back in the US and then transfer it here to my bank.  Do the UK banks not have apps that can be used to deposit checks on-line? I guess many do not have a bank back home anymore.

[PPGuy]

With some UK banking apps cheques can be scanned and credited to your account once cleared. Takes maybe 2 or 3 days. I have used this service with Halifax and no doubt there are other banks.

[Tazmo]

Thanks for the few helpful replies.

 I didn’t request a cheque but that’s how the Company sends money to those abroad.

unfortunately I am unable to download my UK Bank App in this country. But I will bear that in mind should it change.

 I have also requested the Company to transfer the money in future directly to my UK Bank.