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.

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 :)

Fuckin' ANZ charges $15 per cheque. But i sweet talk 'em and they do 4 or 5 for 15 normally. So smooth. :1orglaugh

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.

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.

yeah it sucks, CBA charges $7 each if i remember correctly, if anyone finds a cheap alternative let me know

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 :glugglug

The Commonwealth now charges $10.00

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 :)

I use qld Police credit union for my checks and they charge a flat fee of $10 no matter how many cheques.

Switch to wires, it is the best way to receive money, you have neither to go to your bank to deposit :2 cents:

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


BigNath

NAB charges $10 / 5 cheques

they are pretty good so check it out

Nurgle

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:)