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Old 12-28-2003, 09:33 PM   #1
puresexnow
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Join Date: May 2003
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Aussie webmasters check deposit fees!

Any of you Aussie webmasters found a bank that doesn't charge for depositing US checks?

I've tried Bank of Queensland, Suncorp, CBA and St George... they all charge me at least $5 per check.

I don't want to pay anything for giving them business.
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Old 12-28-2003, 09:40 PM   #2
Horny Guy
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I have talked my Bank the National and got them to put 3 checks on one order for $10....thats the best deal i have found so far ....would like to know if there are better ..coz i would change over
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Old 12-28-2003, 09:43 PM   #3
chodadog
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Fuckin' ANZ charges $15 per cheque. But i sweet talk 'em and they do 4 or 5 for 15 normally. So smooth.
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Old 12-28-2003, 09:45 PM   #4
The Other Steve
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Quote:
Originally posted by puresexnow


I don't want to pay anything for giving them business.
Then don't deposit your cheques - problem solvered.

On the other hand - whatever fee you have to pay per cheque is a cost of doing business and so it becomes a legitimate tax deduction.
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Old 12-28-2003, 09:59 PM   #5
Wombat
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Speak to your bank.

These fees are generally set for one time transactions that people do not do very often, you can often negotiate them to be waived etc.
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Old 12-28-2003, 10:04 PM   #6
Ash@phpFX
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yeah it sucks, CBA charges $7 each if i remember correctly, if anyone finds a cheap alternative let me know
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Old 12-28-2003, 10:05 PM   #7
Ash@phpFX
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hmm if a cheque is in US$ is it then a check? or still a cheque?
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Old 12-28-2003, 10:09 PM   #8
The Other Steve
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Quote:
Originally posted by asher
hmm if a cheque is in US$ is it then a check? or still a cheque?
Interesting philosophical point to which the true Aussie answer can only be:

Buggered if I know

The Commonwealth now charges $10.00
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Old 12-28-2003, 10:57 PM   #9
ReAlisTiC
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i mostly go with the CBA and yes it no longer is 7 dollars its now been 10 dollars for some time.

cheapest i found was suncorp metway if you show them your uni id to show you are a student. They charge you 5 dollars per cheque which is quiet reasonable i think.

I dont think you will find a place that does it for free we are talking about the banks you know
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Old 12-29-2003, 12:53 AM   #10
swami
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I use qld Police credit union for my checks and they charge a flat fee of $10 no matter how many cheques.
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Old 12-29-2003, 01:36 AM   #11
smproduction
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Switch to wires, it is the best way to receive money, you have neither to go to your bank to deposit
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Old 12-29-2003, 01:39 AM   #12
Big Nath
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Yeah i dont pay fees at my credit union.

Its good to know you fellow bank manager ;)

And apart from the fact that i am single handidly keeping their foreign currency area alive !! hehe


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Old 12-29-2003, 01:49 AM   #13
Nurgle
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NAB charges $10 / 5 cheques

they are pretty good so check it out

Nurgle
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Old 12-29-2003, 11:20 AM   #14
crash
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westpac - chatted to the bank manager - when she saw my deposits of the last few months she now charges us $10 for any number of cheques, as long as they are from the same company

eg 6 weeks of silvercash cheques all paid in at the same time cost $10


Just as an aside - moved back to england for a few months earlier in the year. Reopened an old nat west account and started depositing US$ cheques. Before I did that chatted to the bank manager and he told me ten quid for any number of cheques. Cool, so I had all my cheques sent over from australia and put them in. The fuckers took six weeks to cash them (with westpac here in australia the $$ go immediately into my account) and charged me thirty quid AND twenty dollars US per cheque.

Needless to say, I created hell, particularly after the bank manager telling me 10 quid unlimited. Took me 4 meetings with the bank manager and the area manager, but finally got my money back - all 600 quid of it
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