Paying foreign cheques into Sterling accounts

I went into Lloyds TSB on Saturday morning to pay in my latest Affiliate cheque from Amazon.com. Unlike Amazon.co.uk, the US version won’t make any direct deposit to a non US account, so cheques are my only means of payment.

When you pay a foreign currency cheque into Lloyds TSB you have to fill in an A4 form which has 5 pages! Yes, 5 sodding pages!

It always takes the staff ages and usually involves at least two cashiers as few people know how to do it. Then when it finally does get filled in, I have to wait several days for the money to appear in the account AND I get charged a huge commission on the amount.

Why can’t Amazon.com combine the account with Amazon.co.uk and pay one amount via direct deposit each month? It would make it so much easier and I wouldn’t have to spend my Saturdays in Lloyds queuing up with people who only seem to be asking for a balance.

A balance!?!

I HAVE to go into the branch to pay this US Dollar cheque into my account. Why do these morons need to be there if they’re only after a balance? Use the cash machine, it will tell you. Use online banking, use anything. I don’t care. Just don’t queue up in front of me, wasting my time, just to get a sodding balance to your account.

And they were queuing up outside waiting for the bank to open for this.

Imbeciles.

Darren Jamieson, aka MrDaz, is the Technical Director and co-founder of Engage Web and has been working online in a career spanning two decades. His first website was built in 1998 and is still live today.

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3 thoughts on “Paying foreign cheques into Sterling accounts”

  1. At my bank, nationwide, they always seem annoyed that I have a foreign cheque….. at least it’s only one page for them. But they charge between £7.5 – £20.

    It seems that with Barclays, you can open a $ account, but still, they charge £6-9 for each cheque.

    I also wish amazon.com would pay by direct deposit, like Google Adsense, and many others.

  2. you can try using a company called Islandresponse. I use them and they send me my money after 5 days i think.

  3. Increasing the payment threshold so as to get fewer but larger cheques reduces the cost of depositing foreign cheques when your bank charges per item.

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