Hi & Namaste, I'm due to receive a check of about $175 from ClickBank and would like to know the kind of commission that banks in India would charge to encash it. Which bank have you had the best experience with, for CB checks? I contacted PSU banks (SBI / Bank of Baroda) where I have an account but they weren't of much help. Any tips on this would be appreciated as I want to make sure this small but important amount gets cleared without delay. Thanks.
I havent cashed any yet but the checks dealing with us money are first sent to citi bank and then cleared so if you have citi bank account deposit there otherwise any bank will cash it out..By the way be prepared to wait for month or two.
Any bank that is a forex dealer would clear your check. It takes about a fortnight to get it cleared for me . They take very nominal collection commission. I am dealing with one of the Nationalised Banks.