Quote:
Originally posted by rowan
I use Bank of Melbourne, $10 for up to 4 cheques. I do have a history with them, so I get them negotiated (converted and credited on the spot) rather than collected ($35, 4-6 weeks to verify, conversion on day of verification). Most of the tellers there know me now, so I don't have to tell them that the manager has given me permission to have the cheques negotiated. 
Going to another branch was a rude shock though, they flat out refused to negotiate them even though I had a folder with 8 months (!) worth of international cheque deposit slips. Don't know what's going to happen when I move, perhaps I'll ask the manager nicely if he can write me a reference.
BTW, for those outside of Vic, Westpac own BoM. I don't know if their fees and policies differ.
Sausage, are the payments regular enough that you can afford to bump up the minimum payout level? Less cheques, less fees, less time spent in the bank...
|
Yeah could do that, but with all the billing problems at the moment I am just kinda keen to get the cheque in my hand and into the bank ASAP. When I get a cheque from WSB (kinda rare), I shoot down to the bank instantly
I have been with Suncorp metway for 5 years now, have been banking international cheques for 2 years, and they refuse to clear them any faster. Always bank at the same branch and know all the tellers well. Still they flat our refuse to change. The nab sounds good. I wont deal with ANZ after they some of the shit they have pulled on my folks (called in a housing loan to try and get the property).
Also apparently some credit unions have little or no fees on int cheques and clear them instantly.
Thanks for the info guys
