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Lodging a Sterling cheque

  • 19-05-2015 2:42pm
    #1
    Retailer
    Closed Accounts Posts: 87 ✭✭


    hi,

    just wondering how do I go about lodging a sterling cheque these days?
    Is it through the lodgement ATMs or at the cashier or otherwise?

    Thanks


Comments

  • #2
    Bank of Ireland: Billy
    Closed Accounts Posts: 1,066 ✭✭✭Bank of Ireland: Billy


    Retailer wrote: »
    hi,

    just wondering how do I go about lodging a sterling cheque these days?
    Is it through the lodgement ATMs or at the cashier or otherwise?

    Thanks
    Hi Retailer,

    Thanks for contacting us on Boards today.

    A Sterling cheque can be lodged with a cashier.

    Thanks

    Billy


  • #3
    JoannieG
    Registered Users, Registered Users 2 Posts: 239 ✭✭JoannieG


    If I have a business account in the Republic of Ireland, a sterling cheque for £500 and want £500 cash, how much will it cost me? 


  • #4
    Bank of Ireland: Elaine
    Closed Accounts Posts: 1,367 ✭✭✭Bank of Ireland: Elaine


    Hi JoannieG, 

    Thank you for getting in contact with us here on Boards.ie today. 

    A cheque would need to be lodged to your account initially for clearance purposes. As such, it would not be possible to exchange a cheque for cash on the same day. 

    Once cleared, you can then withdraw the corresponding Euro amount and exchange this at the Foreign Exchange desk. The rate of exchange will be provided by your branch on the day. For more information on our rates please see here.

    Our website will also provide you with the fees involved for International Transaction charges and general fees for Business Customers and cheque lodgements. 

    Just to mention, a foreign cheque can take up to 4 to 6 weeks to clear. 

    We hope this helps answer your query and if we can assist with anything else, please don't hesitate to post again. 

    Thanks, 
    Elaine 


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