I want to pay a check into my bank account it's in USD $.?

Question

Hi I have a UK English bank account but i have a American check that is in USD $. What will happen if I pay this check into my English Bank account?

Answer 1

I'm not sure if it works the same in the UK, but in Canada I can put a US check in the bank machine.  About a week or so later, I get a letter from the bank saying they've updated my account balance (for the difference in exchange).  If I deposit it with a teller, they do the exchange for me right away.

They may hold some or all of the funds until they 'clear' the sender's bank.

Answer 2

It would have to be a Cheque if it was paid into a UK account.

Answer 3

it'll probs cost you £25 + P&P then $40 to cash it in the USA. try paypal or www.xoom.com, its well cheaper

Answer 4

Thats going to cost you!!

Try Auctionpix - they do money exchange and it will cost you a stamp and 90p I think.  Banks charge a fortune!

Answer 5

your bank will probably accept it but they'll charge you the earth for converting it into sterling.