cashing an american cheque

[sunnydaze8]

how do you cash an american cheque in the uk? we still have an american bank acct where maybe a chq can be paid in by a friend over there but the thing is the cheque has our uk address on the front of it. is it possible to take it to somewhere like a cash liquidator store and to get something back for it at least. its for 85 dollars so 60 pounds would be good!

[dzug2]

For a small value cheque auctionchex are good value

http://auctionchex.com/

Their exchange rate is not that good, but fees are next to nothing

Can't see any reason not to pay it into your US bank account though - except that you've then still the problem of repatriating the funds if that is your ultimate goal

[sunnydaze8]

not particularly, we dont mind leaving funds over there in acct.

[sunnydaze8]

is there anything on the high st where we can go?

[dzug2]

Your own bank in the UK will cash it for you (well accept it for processing). £20 is a typical charge but they do vary.

Not aware of anywhere that will cash it on the spot. You can ask at a cash liquidator store but I doubt it.

[spudqueen]

When I had a cheque in US dollars about 4 or 5 years ago my bank (NatWest) wouldn't accept it, but my husbands bank, Barclays did. I suggest that you contact your bank to see if they will accept it. btw the cheque I had was only for about $20, so maybe NatWest would have accepted it if it had been for a larger amount.