Lodging a cheque in Sterling?

JohnCleary · 26-03-2005 11:07AM #1

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?

BuffyBot · 26-03-2005 11:51AM

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

Robbo · 26-03-2005 12:38PM

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).

Jivin Turkey · 26-03-2005 01:08PM

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.

Neuro · 26-03-2005 01:13PM

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?

JohnCleary · 26-03-2005 02:00PM

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

/me no likes cheques!

Lodging a cheque in Sterling?

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