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australians which bank is best to cash overseas check?

by lazavas
11 replies
hi guys

my bank told me i have to pay $40 to get check processed and its a check for only $75, can somone suggest a bank which doesnt charge as much and how long before they can process it? its a check from neverblue by the way

thanks
#australians #bank #cash #check #overseas
  • Profile picture of the author chini
    i think commonwealth was about $20-$25
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    • Profile picture of the author stephenh
      commonwealth charges me about $10 and they told me that if get afew then wait and bank them all at once as the fee is the same

      Stephen
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      • Profile picture of the author lazavas
        Originally Posted by stephenh View Post

        commonwealth charges me about $10 and they told me that if get afew then wait and bank them all at once as the fee is the same

        Stephen
        thanks for letting me know, i was thinking about commonwealth bank to be honest, any idea on how long it takes to see the money?

        thanks again
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        • Profile picture of the author jackzaar
          I use Westpac and get charged $15. I've combined as many as 8 checks at once for just the one 15 buck fee. Just watch how long the checks are valid for if you accumulate several.
          I've noticed some branches won't do this for you so I make sure I use the local branch where I'm known.
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  • Profile picture of the author kelldall
    with CBA, it takes 1 month before the money is released.
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  • Profile picture of the author bookmarkr
    BankWest charges me $15 for US checks
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  • Profile picture of the author maco
    I used Westpac last week an they charged me $20. The charge is per transaction from different payer. For example I had 2 Clickbank cheques and 2 Amazon cheques and payed $40.
    Hope this helps.
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    • Profile picture of the author lazavas
      Originally Posted by maco View Post

      I used Westpac last week an they charged me $20. The charge is per transaction from different payer. For example I had 2 Clickbank cheques and 2 Amazon cheques and payed $40.
      Hope this helps.
      it does, thank u, thanks for all the feedback guys, i just hope i can take a bigger check to the bank next time!
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  • Profile picture of the author crispin
    I use NAB. For smaller amounts (I seem to remember less than $5000) my local branch clears the US$ cheque in only a few days, for $10.

    After having to wait 5-6 weeks at CBA I asked around and NAB were the only ones to do quick clearance.

    Crispin
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  • Profile picture of the author AtomicFlipper
    I recently had an ANZ account and they charged $15, it was in within 3 days.
    St George $15, took 3-5 biz days
    Commbank said they take 30 days to clear, WTF!....
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    • Profile picture of the author lazavas
      Originally Posted by AtomicFlipper View Post

      I recently had an ANZ account and they charged $15, it was in within 3 days.
      St George $15, took 3-5 biz days
      Commbank said they take 30 days to clear, WTF!....
      glad to see there are quicker options, when my bank told me 30 days or even more i was shocked, so i might open an account with NAB from what im seeing, good to see some aussies doing cpa too, someone wanna give me some tips? feel free to pm me! hahhahaha, i want to make the cashhhhhhhhhhhhhhhhhhh!
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