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Lodging a cheque in Sterling?

  • 26-03-2005 10:07am
    #1
    JohnCleary
    Registered Users, Registered Users 2 Posts: 10,209 ✭✭✭✭


    I'm going to be getting a cheque in Sterling in the next few days. I want to lodge it into my bank account. Whats the story here? Do I just hand it to the cashier and the conversion is done on their computer or am i charged a commission or something per usual?


Comments

  • #2
    BuffyBot
    Registered Users, Registered Users 2 Posts: 24,924 ✭✭✭✭BuffyBot


    Depends on your bank, but I've lodged loads of sterling cheques into my AIB account via the Foreign Exchange desk


  • #3
    Robbo
    Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 10,581 Mod ✭✭✭✭Robbo


    BuffyBot wrote:
    Depends on your bank, but I've lodged loads of sterling cheques into my AIB account via the Foreign Exchange desk
    Same here. The drawback is that they take longer to clear (over a working week if I remember).


  • #4
    Jivin Turkey
    Registered Users, Registered Users 2 Posts: 2,966 ✭✭✭Jivin Turkey


    Im not 100% certain here but if you logde it directly into your account in your own branch of your own bank you will not get charged commission.

    Having said that, I always lodge everything in my own branch as its the most convenient for me, so maybe someone can shed any light on whether this is the case for all branches.


  • #5
    Neuro
    Registered Users, Registered Users 2 Posts: 459 ✭✭Neuro


    JohnCleary wrote:
    I'm going to be getting a cheque in Sterling in the next few days. I want to lodge it into my bank account. Whats the story here?

    In AIB you can lodge Sterling cheques at the Foreign Exchange counter for a feee of €1.50. It's not a Vodafone dividend cheque by any chance?


  • #6
    JohnCleary
    Registered Users, Registered Users 2 Posts: 10,209 ✭✭✭✭JohnCleary


    Nah im being paid for car parts. Problem solved though... I got the lad to do a bank transfer :)

    /me no likes cheques!


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