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Old 09-19-2006, 10:20 AM   #1
wastingtime
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Question for UK webmasters

I've got a question about checks. Until now I used to collect multiple checks and give them to the bank. They processed them together and charged once something like £12-15.

This last time they did it differently. I started receiving a seperate letter for each check and they charged something like 40-something pounds for each check.

How does your bank do it? Should I complain about this?

£40 charge for a $200 check is ridicilous.
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Old 09-19-2006, 10:27 AM   #2
viva celebs
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what bank are you with?

My bank only charges me because it is in a foriegn currency, and that is small percentage.
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Old 09-19-2006, 10:32 AM   #3
wastingtime
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Natwest bank
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Old 09-19-2006, 10:35 AM   #4
viva celebs
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open an account at the BoS or the RBoS and put your checks in there
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Old 09-19-2006, 10:49 AM   #5
wastingtime
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According to the bank website, these are their charges...

Payments by Negotiation* Tariff
£100 and under £5.00
£100.01 - £5,000 £10.00
£5,000.01 - £20,000 £30.00
Above £20,000 £60.00
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Old 09-19-2006, 11:21 AM   #6
chris01282
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I used to have the same problem with my UK bank, then I changed my payment type from my sponsor to epassporte... problem solved.

Get an epassporte account and a ATM card, and withdraw your money in cash

No cheque clearing fees, and no record on your bank account for cashing cheques in US$'s

It's the way I do it, give it a try...
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Old 09-19-2006, 04:28 PM   #7
wastingtime
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OK but epassporte charges a lot of money too.
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Old 09-19-2006, 04:38 PM   #8
Lee
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That sounds wrong if they still have those rates published that you showed. Query it with them and if they dont sort it out consider a different bank. I use Barclays myself and they cash them within a day or two for a relateively small amount (similar to the tariff you showed).
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Old 09-19-2006, 04:39 PM   #9
squishypimp
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bump for the bank nerdz
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Old 09-19-2006, 06:15 PM   #10
scottybuzz
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I feel for you and if you are getting £40 per cheque that is just fucking ridiculus, I am looking into the epassporte method once I get a bit more under me. I feel for you mate. Give SterlingCash.com a try they pay in £'s that way no charges at all
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Old 09-20-2006, 11:50 AM   #11
Radiate
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£40 is rediculous

HSBC charge around £8, more if the cheque is for a large amount
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Old 09-20-2006, 11:57 AM   #12
rigrunner
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HSBC takes a fiver off each deposit... not great but seems better than a lot out there
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Old 09-20-2006, 12:43 PM   #13
bobby666
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epassporter also solved that probs for me here in austria
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