How to cash an amazon.co.uk (britsh pounds) check in the USA?

Discussion in 'Amazon' started by davism, Aug 13, 2007.

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  1. #1
    I just got my first check from amazon.co.uk for about £50.

    I live in the united states, and when I took it to my bank they wanted a $50 fee for handling the international exchange. Does anyone have any suggestions on how to cash my check or how to proceed with amazon.

    Thanks,
    Mark
     
    davism, Aug 13, 2007 IP
  2. mines

    mines Well-Known Member

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    #2
    I have to do a similar thing when cashing in USD cheques (i am from uk). They call it a negotiation fee, and its normally about $20, but isn't always the same. As far as i am aware, its the US banks that put most of this charge on the UK banks (but i am no 100% sure on that). You may be able to open a GBP account, cash it in there, and then transfer it to your normal USD account, but this may not save any/much money, either...
     
    mines, Aug 21, 2007 IP
  3. Tony Dean

    Tony Dean Guest

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    #3
    You may be able to open a British bank account in the USA through travel agencies such as Thos. Cook they do that sort of thing and takes about three weeks.
     
    Tony Dean, Aug 22, 2007 IP
  4. warley

    warley Peon

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    #4
    I accept that there is a charge for currency conversion but a $50 fee for a £50 cheque is plain ridiculous you have lost half of the revenue straight away.

    Raise your payment threshold with amazon.
    And try a different bank as charges may vary.
     
    warley, Aug 24, 2007 IP