Quizzes & Puzzles0 min ago
Sending Cheques/checks From Uk To Us
9 Answers
Hi guys
I need to make 12 monthly payments to an American bank. However they will not accept a DD (!!). So I propose to send 12 cheques postdated (which they also don't like!). Anyway each payment is for a relatively small sum $144. Now - my question is. Do I send the UK cheques (NatWest) in $ or £? I am opting for $ as that way at least I know the correct amount will be paid in. But just wondered if any of you have done similar and can add your knowledge and experience to the question.
Thank you
x
I need to make 12 monthly payments to an American bank. However they will not accept a DD (!!). So I propose to send 12 cheques postdated (which they also don't like!). Anyway each payment is for a relatively small sum $144. Now - my question is. Do I send the UK cheques (NatWest) in $ or £? I am opting for $ as that way at least I know the correct amount will be paid in. But just wondered if any of you have done similar and can add your knowledge and experience to the question.
Thank you
x
Answers
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Excellent.....efficient and good exchange rates.....I have used them frequently.
Excellent.....efficient and good exchange rates.....I have used them frequently.
If you write a cheque on your Natwest account in $US it will either incur mega fees on both sides or more likely bounce
If you buy a $US cheque from Natwest that will work but they will charge for it. Best way is to find a cheaper bank
Don't see why you expect a US bank to participate in the UK DD system
If you buy a $US cheque from Natwest that will work but they will charge for it. Best way is to find a cheaper bank
Don't see why you expect a US bank to participate in the UK DD system
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