My bank charged me £20!!!!

I opened an account at NatWest and they charged me £20 to pay the Google check. What is worse they told me one thing (they said no charges apply) and did the contrary. Please let me know how much your bank charge you to cash US$ checks, outside US of course.

 

Barclays are better.

I can't remember how much better though. I think it's about a tenner.

 

Will check that, thanks. Another one please?

 

HSBC charged me a £5 through a current account, I think it is less for a business account.

 

Halifax charged me £10 (IRC)

 

Hmmm. Your banks are much better than mine. However, have checked HSBC and saw no tariff for US$ checks. £5 is reasonable though.

 

Open a USD account with Natwest (took me minutes over the counter). Cost = £0.

And plus the USD might grow against the GBP and be worth more.

Plus you might go on holiday to the states and have some commission free spending money.

I don't use the google money, it goes in the USD account and sits and waits

 

Now thats a good idea... didn't know you could do that

 

Sure! It sounds good to me too. Will ask tomorrow at Natwest while asking why they charged me £20. Good input Fira.

But Fira, wait a minute please. Do you mean NatWest charges you nothing when you deposit the Google checks or they still charges you £20 for such transaction?

 

John that was £5 not $5, just to clarify. Seems like there is a better option now available.

 

Nothing at all. Because you're putting the currency into a currency account. Therefore theres no exchange rate / administration costs.

I'm full of good ideas on Tuesdays

 

Yes l234244 it was my fault. I use a US laptop you know it's £5 not $5. Thanks. Will edit that typo.

Yes you are!!! Thanks a lot will ask that morrow morning.

 

I wish the HSBC bank had a US laptop, wouldnt cost as much to put all these cheques in.

 

barclays charge £5 over £50 after conversion and £9 over 100

 

So, Barclays seems to be better option than Halifax for the later charges £10 over $100 (this is dollars) . Thanks THT

 

Bank of Montreal (Canada) - No charge!
They simply convert it to CDN$ and deposit it in my account.

I wouldn't mind paying $1 or $2 per cheque, but $5, $10 or $20 - forget it...
there has to be another way!

Mike

 

Worse maxweb! I'm talking about £20 that is US$37+.
Move your bank to London
That's why some people says America (I mean the continent) it's the best place to live.

Another way? A global common currency?

 

Hello - I'M BACK!

I contacted Google about this. They say they can hold the cheques (checks) for up to 6 months - they just tot up the earnings and send you a cheque at the end of the hold period. That means you pay once per cheque rather than once per $100.

If you want payments holding for longer after that you can ask them again.
Just e-mail the normal adsense contact address and say please hold my payments from this date to that date.

You have to send the e-mail by the 5th of the month following the first month for which you want the payments to be held.

 

Thanks Vord, I was waiting for new rules on this matter but I never asked Google.
The danger is: what if they close AdSense, say due to bankruptcy. Many years ago I lost $900 when Heathkit shutdown the Heath Users' Group.

 

Here in Australia I only pay $10 to cash a cheque - in fact they only charge me $10 to cash as many as I want to do at once. However the thing that peeves me off is the length of time $US cheques over $2000 take to clear.

It takes 6 weeks! They have to send cheques of that size back to the US for verification.

So from the first day of the month when I earn money on my site it takes 7 or so weeks to get the cheque and then another 6 weeks to get the money from it.

Its a bit of a joke.