german webmasters what does your bank charge you for cashing in checks

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  • gangbangjoe
    Ronin
    • May 2004
    • 17693

    #1

    german webmasters what does your bank charge you for cashing in checks

    i think i should really change my bank because they charge me 14euros for a 400 dollar check.



    what do you pay

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  • PatrickM
    Confirmed User
    • Nov 2002
    • 772

    #2
    I also pay 14 when cashing checks at my main bank but it doesn't matter how many, it is still 14 euros.

    A few years ago there was something at American Express Bank called "Waehrungszuwachskonto" where you could cash $ checks for free.

    Don't know if this is still around though...

    Comment

    • gangbangjoe
      Ronin
      • May 2004
      • 17693

      #3
      Originally posted by PatrickM
      I also pay 14 when cashing checks at my main bank but it doesn't matter how many, it is still 14 euros.

      A few years ago there was something at American Express Bank called "Waehrungszuwachskonto" where you could cash $ checks for free.

      Don't know if this is still around though...

      maybe i should check this out

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      • Validus
        Confirmed User
        • Jul 2001
        • 4012

        #4
        I think it is like 10 - 15 EUR.

        Comment

        • tradermcduck
          Confirmed User
          • Apr 2001
          • 2362

          #5
          Wirklich schlimm ist allerdings die Tendenz des EUR/USD Kurses
          MarkB

          Comment

          • VanessaG
            Confirmed User
            • Jun 2004
            • 1884

            #6
            11 Euros at Sparkasse
            http://www.germanbombshell.com

            iCQ 314020181
            [email protected]

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            • gangbangjoe
              Ronin
              • May 2004
              • 17693

              #7
              Originally posted by tradermcduck
              Wirklich schlimm ist allerdings die Tendenz des EUR/USD Kurses


              da rege ich mich gar nicht mehr drüber auf


              350 dollar - Umrechnung - Scheckgebühren = 280 euro






              @ vanessa : why do i pay 3 euros more then you ?

              admit it, you flirt with the male employes

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              • hmmwv
                Confirmed User
                • Apr 2002
                • 293

                #8
                i´m not sure, but i think it´s something around 5-7 euro. can´t check right now, as i´m not at home...

                Comment

                • tradermcduck
                  Confirmed User
                  • Apr 2001
                  • 2362

                  #9
                  Originally posted by gangbangjoe
                  da rege ich mich gar nicht mehr drüber auf


                  350 dollar - Umrechnung - Scheckgebühren = 280 euro






                  @ vanessa : why do i pay 3 euros more then you ?

                  admit it, you flirt with the male employes
                  MarkB

                  Comment

                  • ichauch
                    Confirmed User
                    • Dec 2005
                    • 463

                    #10
                    Dresdner Bank = 20 Euro.
                    Shit.

                    Comment

                    • gangbangjoe
                      Ronin
                      • May 2004
                      • 17693

                      #11
                      Originally posted by ichauch
                      Dresdner Bank = 20 Euro.
                      Shit.

                      wtf ??


                      for every check or is it procentual of how big the check is

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                      • MikeSmoke
                        Confirmed User
                        • Nov 2002
                        • 3241

                        #12
                        Originally posted by PatrickM
                        A few years ago there was something at American Express Bank called "Waehrungszuwachskonto"
                        Not to offend anyone, just a curious question....
                        why are so many german words so damn long?

                        icq: 541-739-92

                        Comment

                        • gangbangjoe
                          Ronin
                          • May 2004
                          • 17693

                          #13
                          Originally posted by MikeSmoke
                          Not to offend anyone, just a curious question....
                          why are so many german words so damn long?

                          lol you haven't heard "schifffahrtskapitänsmützenaufschrift" yet

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                          • MikeSmoke
                            Confirmed User
                            • Nov 2002
                            • 3241

                            #14
                            Originally posted by gangbangjoe
                            lol you haven't heard "schifffahrtskapitänsmützenaufschrift" yet
                            and trust me, i don't want to

                            icq: 541-739-92

                            Comment

                            • PlugRush Sascha
                              Confirmed User
                              • Jan 2004
                              • 2772

                              #15
                              12.50EUR at Hypovereinsbank. But it's for up to 20 checks I think, so I always wait until I have multiples of 20 and then make that whore at the bank deposit them all at once!
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                              • jimthefiend
                                So Fucking Banned
                                • Oct 2003
                                • 18889

                                #16
                                great gifts

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                                • tradermcduck
                                  Confirmed User
                                  • Apr 2001
                                  • 2362

                                  #17
                                  Originally posted by ktj4l
                                  12.50EUR at Hypovereinsbank. But it's for up to 20 checks I think, so I always wait until I have multiples of 20 and then make that whore at the bank deposit them all at once!
                                  Wow, 20! I can only deposit multiples of 5 checks...
                                  MarkB

                                  Comment

                                  • gangbangjoe
                                    Ronin
                                    • May 2004
                                    • 17693

                                    #18
                                    Originally posted by ktj4l
                                    12.50EUR at Hypovereinsbank. But it's for up to 20 checks I think, so I always wait until I have multiples of 20 and then make that whore at the bank deposit them all at once!

                                    you get 20 checks in 90 days ?


                                    or don't your checks expire after 90 days?
                                    Last edited by gangbangjoe; 01-24-2006, 07:00 AM.

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                                    • tradermcduck
                                      Confirmed User
                                      • Apr 2001
                                      • 2362

                                      #19
                                      Originally posted by gangbangjoe
                                      you get 20 checks in 90 days ?


                                      or don't your checks expire after 90 days?

                                      I am getting at least 5 per week, however most of them are in the 300-500range
                                      MarkB

                                      Comment

                                      • FreeOnes
                                        Confirmed User
                                        • Jul 2001
                                        • 3406

                                        #20
                                        that are about the same prices as in the Netherlands
                                        I have found much better ways during the years though

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                                        • Antonio
                                          Too lazy to set a custom title
                                          • Oct 2001
                                          • 14136

                                          #21
                                          I know you said German webmaster only but let me throw my 2c, get most of your payments by eppasporte, I think it's the cheapest option no matter where you live, they charge me something like $2.50 (stand to be corrected) for every ATM withdrawal which is pretty cheap

                                          oh, and just to rub it in, I pay only about $5.00 per check ;)

                                          Comment

                                          • tradermcduck
                                            Confirmed User
                                            • Apr 2001
                                            • 2362

                                            #22
                                            Originally posted by FreeOnes
                                            that are about the same prices as in the Netherlands
                                            I have found much better ways during the years though

                                            Enlighten Us ;-)

                                            I am really interested ... wires are quite expensive too, epassporte?

                                            By the way do you use financial instruments to hedge the currency risk?
                                            MarkB

                                            Comment

                                            • ichauch
                                              Confirmed User
                                              • Dec 2005
                                              • 463

                                              #23
                                              Originally posted by ichauch
                                              Dresdner Bank = 20 Euro.
                                              Shit.
                                              Originally posted by gangbangjoe
                                              wtf ??
                                              for every check or is it procentual of how big the check is
                                              It starts at 19.95 Euro minimum, above that it's procentual.
                                              Don't know if it is for each check, though.

                                              Comment

                                              • alexg
                                                IL4L.com
                                                • Aug 2003
                                                • 11287

                                                #24
                                                holy shit... and i thought the $3 that i'm paying was a lot...

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                                                • gangbangjoe
                                                  Ronin
                                                  • May 2004
                                                  • 17693

                                                  #25
                                                  Originally posted by alexg
                                                  holy shit... and i thought the $3 that i'm paying was a lot...

                                                  yeah it really sucks....

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                                                  • FreeOnes
                                                    Confirmed User
                                                    • Jul 2001
                                                    • 3406

                                                    #26
                                                    Originally posted by tradermcduck
                                                    Enlighten Us ;-)

                                                    I am really interested ... wires are quite expensive too, epassporte?

                                                    By the way do you use financial instruments to hedge the currency risk?
                                                    One of them is open a US account.

                                                    You can simply hedge your currency risk these days. For example with the US$/Euro fixed deposit. Or with Turbos of ABN-AMRO Bank or Speeders of the Commerce Bank. However so far I have never used them. Predicting exchange rates is really impossible. You always do it wrong. Therefore you will be better of after 10 years without doing anything in my view. (Remember all the analysts whom said that the dollar would fall against the euro, instead it did raise 14% in 2005)

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                                                    • feN
                                                      Confirmed User
                                                      • Aug 2003
                                                      • 2547

                                                      #27
                                                      I think it's like 15 euro at Sparkasse.. those fuckers..

                                                      If I cash more than one check at a time it's still 15 euro though

                                                      Comment

                                                      • jjjay
                                                        Registered User
                                                        • Jun 2005
                                                        • 1813

                                                        #28
                                                        Originally posted by gangbangjoe
                                                        i think i should really change my bank because they charge me 14euros for a 400 dollar check.



                                                        what do you pay
                                                        can you open a citibank account in germany? there's no fees with citibank for USD checks

                                                        Comment

                                                        • BigPinPin
                                                          Confirmed User
                                                          • May 2003
                                                          • 894

                                                          #29
                                                          Bei unserer volksbank in Deutschland wurden auch ca. 15 Euros einbehalten. In der Schweiz waren es umgerechnet 9 Euro.

                                                          can you open a citibank account in germany? there's no fees with citibank for USD checks
                                                          Are you sure ? I don´t think that they would charge you nothing......it wouldn´t fit in the german system :D

                                                          Comment

                                                          • Screaming
                                                            I can change this!!!!!
                                                            • Feb 2004
                                                            • 18972

                                                            #30
                                                            Thats alot..

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