dear i am adbrite publisher and i have an account in MCB bank lahore. when i got adbrite US$ cheque and i deposit it into my pak rupees account they told me that 90 days will be payment receiving time and 45 days holding time as State bank's policy its mean they can clear my adbrite cheque after 135 days. please give me suggestion that what can i do now? i think i need to open an account in good bank.
no dear i asked 2 time but they told me again 90 days for clearing and 45 days hold payment = 135 days.
Agree with him payment holding time for the bank is total 45 days. They cannot hold your payment for more than 45 days.This is the state bank regulation. I got my payment clear from Meezan Bank in 30-40 days. Check with them again or have your account in some other bank.
I have no idea about adbrite or even MCB as i use moneybookers and Meezan Bank and both works out for me.. I doubt if it's really 135 days so it's like 4+ months for just a cheque?? Wuff Wuff ... they must do it within a week or so .. Try to convince them or ask them clearly and it's better if you go to the bank and talk directly to some higher authority Regards PHYza
I Am Using Bank Al-habib For International Cheques/drafts Cheque Clearance Fees = 15$ Normally Processing Time For Cheque = 20 Days Bank Hold Time = 20 Days Total = 40 Days Normally
I said i don't have any idea about these Cheques payment but i am just saying that they must not take so long for all this
Bank Al-Habib KDA Branch - Karachi Each Bank Has It's Own Policy For Holding Cheques And Drafts And Currency Account .... Some Will Say You To Open Account In Dollars Blah Blah .... Go To Bank Al-Habib Simply Open Rupees Account ... And They Will Process Your Cheque With In 40 Days ..... Thanks, Kashif
i submitted my check 3 month ago but no signs to clearing my check yet (Mcb Lahore branch). i asked bank al-habib about adbrite check they told me that they have no any check collect yet so they can't know about time duration.
if You Understand Bank Al-Habib Takes small time, why not you convince some people of the Bank to withdraw your amount???
Standard Charterd or citi bank would be the best for such purposes. HSBC also exist which might process it quicket.MCB is one of the stupid bank I ever came across
Hey guys, paypal is much better than check payments, as you all know we are in Pakistan, and the postal services are very much poor in Pakistan, US check takes approx 15 days to arrive on destination, you collect the check and then credit into any of your local bank account, and then they take too much time to realise the check and collect the payment for you, it means your payment of january will arrive into your hands in the month of June. I suggest all of you that if you want your money at earliest then use paypal.