kingstonkid Posted December 15, 2013 Share Posted December 15, 2013 I have a bank account with enough to cover the cheque amount at kasikorn. What is the usual procedure or will they even let me do this. I am going to my branch and they are pretty good to me but just want to have everything ready when i go. It is a business cheque from a Canadian government account. Thank you in advance for your assistance. Link to comment Share on other sites More sharing options...
thrilled Posted December 15, 2013 Share Posted December 15, 2013 I understanding that cashing checks in Thailand is like pulling teeth.Everything that I have read they say it takes 60 days or 2 months.I can't figure out why.I could see maybe A week. Link to comment Share on other sites More sharing options...
Tafia Posted December 15, 2013 Share Posted December 15, 2013 Done it numerous times, they will accept the cheque and pay it into your savings account but the funds will not be available until the cheque clears. Although they tell you 5-6 weeks in my experience its normally 2-3 weeks. The delay is the cheque being cleared by your home bank. 1 Link to comment Share on other sites More sharing options...
timber Posted December 16, 2013 Share Posted December 16, 2013 TMB generally takes about a month Link to comment Share on other sites More sharing options...
Estrada Posted December 16, 2013 Share Posted December 16, 2013 BBL quote 45 days but in practice it is 19 days. Delay is usually because they are making interest on YOUR money. Try to get your money sent electronically. My pension providers and UK Government Account uses Citibank's Baht Net system, it is very cheap and the funds are credited within hours. Link to comment Share on other sites More sharing options...
Jeffrey346 Posted December 16, 2013 Share Posted December 16, 2013 I have cashed checks at Bangkok Bank numerous times. It took 2-3 weeks. BKK Bank now subscribes to the International Clearing House and my last check took 5 days to clear. Link to comment Share on other sites More sharing options...
dddave Posted December 16, 2013 Share Posted December 16, 2013 I have cashed checks at Bangkok Bank numerous times. It took 2-3 weeks. BKK Bank now subscribes to the International Clearing House and my last check took 5 days to clear. Does Bangkok Bank add service charges when cashing a check? If so, what are the charges? Do they use the same exchange rate procedure they use with ATM withdrawals? Thanks. Link to comment Share on other sites More sharing options...
Jeffrey346 Posted December 16, 2013 Share Posted December 16, 2013 I have cashed checks at Bangkok Bank numerous times. It took 2-3 weeks. BKK Bank now subscribes to the International Clearing House and my last check took 5 days to clear. Does Bangkok Bank add service charges when cashing a check? If so, what are the charges? Do they use the same exchange rate procedure they use with ATM withdrawals? Thanks. You get the current TT rate plus B150 to clear the check. Link to comment Share on other sites More sharing options...
flyingdoc Posted December 16, 2013 Share Posted December 16, 2013 Ask various banks as to what their clearing time is, and choose the best. Link to comment Share on other sites More sharing options...
khunPer Posted December 16, 2013 Share Posted December 16, 2013 Depending from which bank the cheque is drawn. A domestic Thai bank cheques normally clears in a few days or a week – if same bank, they can clear immediately. Foreign cheques may take a couple of months. Link to comment Share on other sites More sharing options...
attrayant Posted December 16, 2013 Share Posted December 16, 2013 I have cashed checks at Bangkok Bank numerous times. It took 2-3 weeks. BKK Bank now subscribes to the International Clearing House and my last check took 5 days to clear. Does Bangkok Bank add service charges when cashing a check? If so, what are the charges? Do they use the same exchange rate procedure they use with ATM withdrawals? Thanks. You get the current TT rate plus B150 to clear the check. Does "TT rate" somehow mean exchange rate? If so, this is better than a wire transfer which cost me $45 from my credit union. So in theory I could walk into a bank here and deposit one of my own personal checks drawn against the credit union in the USA, and it would only cost me 150 baht? Link to comment Share on other sites More sharing options...
rct99q Posted December 16, 2013 Share Posted December 16, 2013 EI or Welfare cheque...not that it matters. But Canadian Government Cheques are one of most forged form of cheque payment in Canada and thus may take longer than a personal or bank cheque. Link to comment Share on other sites More sharing options...
djhotsox Posted December 16, 2013 Share Posted December 16, 2013 TT rate I would assume is the Telegraphic Transfer rate/fee Link to comment Share on other sites More sharing options...
Bababooey Posted December 17, 2013 Share Posted December 17, 2013 You get the current TT rate plus B150 to clear the check. Does anybody know if cashing with Kasikorn you get the TT rate? And would you please let me know the service charge at Kasikorn? I tried asking a the bank today and couldn't get a straight answer. Link to comment Share on other sites More sharing options...
thaibeachlovers Posted December 21, 2013 Share Posted December 21, 2013 I understanding that cashing checks in Thailand is like pulling teeth.Everything that I have read they say it takes 60 days or 2 months.I can't figure out why.I could see maybe A week. Not difficult in my experience. Just take cheque and passport/ ID to your Thai bank, fill in the form ( they filled it in for me and I signed it ), pay commission and wait 45 days. Once they tried to make me go to my embassy, but just insist and they will do it ( eventually ). I suppose he either didn't understand, or didn't want to do the paperwork. Helps if you take a Thai person with you. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now