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Cashing a Sterling cheque

Mosha
Mosha
in Jobs, Economy, Banking, Business, Investments

Featured Replies

I've been sent a cheque by an insurance company. It's made out to my name. Can I cash it at any Thai bank? I have accounts at Kasikorn

If it is for a smallish amount I think you will find that after bank charges etc you will not have a lot left

You will also have to wait for clearance ...

Better to pay it into a UK Account if you can imo

  • Author

If it is for a smallish amount I think you will find that after bank charges etc you will not have a lot left

You will also have to wait for clearance ...

Better to pay it into a UK Account if you can imo

Quoted 10 USD, and 7 working days to clear.

If it is for a smallish amount I think you will find that after bank charges etc you will not have a lot left

You will also have to wait for clearance ...

Better to pay it into a UK Account if you can imo

Quoted 10 USD, and 7 working days to clear.

Great, if you can get it that cheap. Normally they send them off to be factored which takes a chunk. They might be quoting what they charge on the amount they received after the cheque had been factored and the proceeds exchanged.

  • 4 weeks later...
  • Author

If it is for a smallish amount I think you will find that after bank charges etc you will not have a lot left

You will also have to wait for clearance ...

Better to pay it into a UK Account if you can imo

Quoted 10 USD, and 7 working days to clear.

Great, if you can get it that cheap. Normally they send them off to be factored which takes a chunk. They might be quoting what they charge on the amount they received after the cheque had been factored and the proceeds exchanged.

Just to confirm, I received the payment for the quoted charges.

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