ChatterBank1 min ago
Cheque In American Dollars
9 Answers
A friend has received a cheque for approximately 12000 dollars from an inheritance that the heir hunters Fraser & Fraser have traced for him FRASER & FRASER have already taken their commission of 5000 dollars His bank
Nationwide say that they cannot accept it How can he get this money into his account without anymore money being deducted from the inheritance Can anyone please give him some advice
Nationwide say that they cannot accept it How can he get this money into his account without anymore money being deducted from the inheritance Can anyone please give him some advice
Answers
From the Nationwide web site: "Nationwide are unable to provide a Foreign Draft or pay in a Foreign Cheque" http://www.nationwide.co.uk/~/media/MainSite/documents/support/payments-transfers/P1078_OverseasPayments.pdf Fraser & Fraser should be asked to accept the return of the cheque and then to make their payment via SWIFT. The information...
18:01 Tue 24th Jan 2017
A normal bank would accept it. For example, here's what Natwest say:
While we don't usually recommend drafts and cheques, there are some basic principles you can apply to make the process as simple and cost efficient as possible.
- Submit sterling cheques and drafts drawn on banks abroad, or foreign currency cheques and drafts drawn on the UK to be cleared on your behalf
- Reduce costs by including multiple cheques and drafts in the same transaction. These need to be in the same currency, drawn on banks in the same country, for negotiation.
That's from http://www.natwestinternational.com/nw/personal-banking/travel-and-international/g50/international-payments/receiving-international-payments/drafts-and-cheques.ashx#tab-section1
While we don't usually recommend drafts and cheques, there are some basic principles you can apply to make the process as simple and cost efficient as possible.
- Submit sterling cheques and drafts drawn on banks abroad, or foreign currency cheques and drafts drawn on the UK to be cleared on your behalf
- Reduce costs by including multiple cheques and drafts in the same transaction. These need to be in the same currency, drawn on banks in the same country, for negotiation.
That's from http://
From the Nationwide web site:
"Nationwide are unable to provide a Foreign Draft or pay in a Foreign Cheque"
http://www.nationwide.co.uk/~/media/MainSite/documents/support/payments-transfers/P1078_OverseasPayments.pdf
Fraser & Fraser should be asked to accept the return of the cheque and then to make their payment via SWIFT. The information they'll need is listed here:
http://www.nationwide.co.uk/support/payments-and-transfers/specialist-payments/swift-payments#xtab:receive-a-swift-payment
"Nationwide are unable to provide a Foreign Draft or pay in a Foreign Cheque"
http://
Fraser & Fraser should be asked to accept the return of the cheque and then to make their payment via SWIFT. The information they'll need is listed here:
http://