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Check Cashing Issues From Chase Bank In America


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Here's my dilemma,

I was wondering if anyone could help with my problem.

I have lived here in Thailand for 4 years now and I still have my monthly annuity check sent from Executive Life (now under the control of New York Life) to my bank in America. For the record, Executive Life will only send a paper check and will not do an electronic transfer. Also my monthly check from Executive Life is drawn from Chase Bank in America which is recognized around the world.

I then access my American Bank account every month here in Thailand with my ATM card from my U.S. Bank to get my money. Now with all the banking regulations in America, I want to close out my American Bank account and only use my Thailand accounts.

Today I inquired at Bangkok Bank and they told me their will be a fee of $32 each and every month to clear the check from Executive Life and the funds may take 20 to 30 days to become available.

Can anyone tell me a way of getting around any BIG fees or any fees altogether, as I now want to start depositing my monthly check here in Thailand.

Possibly there is a connection between Executive Life/New York Life or Chase Bank of America with a Bank here in Thailand and if I deposited my check at their Bank the fees could possibly be eliminated or a slight fee and the money could be available right away.

I am needing the help of an expert here and I hope someone here in Thailand can help me.

Thank You all Kindly

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