Hey, Im from Britain and I get a fee every time I cash in a cheque with US Dollars - to get around this I just have to be paid in GPB, does clickbank offer check in GPB payment or not, if so do you have to contact them? Regards, Josh
They only offer checks in US Dollars but they do have a direct deposit service you can qualify for... and this will put the funds right in your bank account instead of having to rely on checks.
Hey, How do you qualify for this? Do you just email them? Josh Hey, Ask clickbank to convert it? I don't think they offer this. Regards, Josh
I'm from the UK and what I will do is set up a $USD bank account here in the UK. Many banks have this facility. This will mean no initial conversion costs or poor exchange rates, and if you want to spend some of it again in USD it's ideal.
Hey, Thanks for the info. I have a few questions (also sent them via PM); how much does it cost to set up, which banks allow it, how old do you have to be, and finally how to transfer money to GBP from USD in that account. Thanks a lot! Josh
Josh, It's not worth worrying about, and it's certainly not worth opening a special bank account for the purpose: it's only your first 3 Clickbank cheques, after which you can get Clickbank to pay you by direct bank deposit. Absolutely any UK bank will let you pay in a $US cheque. True, they'll charge £3 or £4 and take a week longer than normal to clear it, but it's not the end of the world, and in the overall scheme of things, not worth losing any sleep over.
Check out this link: http://www.clickbank.com/help/account-help/account-tools/enabling-direct-deposit/ ... and read the section for International Direct Deposit. Everything you need to know is in there... and it is absolutely awesome! No more waiting for checks to be delivered and worse, waiting for them to clear.