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.

what bank are you with?

My bank only charges me because it is in a foriegn currency, and that is small percentage.

Natwest bank

open an account at the BoS or the RBoS and put your checks in there

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

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...

OK but epassporte charges a lot of money too.

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).

bump for the bank nerdz :)

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

£40 is rediculous

HSBC charge around £8, more if the cheque is for a large amount

HSBC takes a fiver off each deposit... not great but seems better than a lot out there :)

epassporter also solved that probs for me here in austria