Hi, I keep getting checks in foreign currency usually from the UK. My bank usually charges $50 and takes a month to deposit them. Is there any easier way? Sometime i can get the company to switch to wire transfer but unfortunately not always.
50$? What is the amount of the check a million? Seriously switch to something else like Western Union it takes two days i think to have the money transfer. Good luck.
open a bank account with HSBC or a bank that also has branches in the UK ... I dont know if the charges will reduce but the clearing period will be much shorter than the month you speak of, as short as 5 days.