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Subject:
cashiers check
Category: Miscellaneous Asked by: shug1934-ga List Price: $20.00 |
Posted:
25 Jul 2006 09:11 PDT
Expires: 24 Aug 2006 09:11 PDT Question ID: 749346 |
Will uk banks accept cashiers checks in us dollars? |
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There is no answer at this time. |
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Subject:
Re: cashiers check
From: probonopublico-ga on 25 Jul 2006 10:57 PDT |
Yes but they do make a charge. |
Subject:
Re: cashiers check
From: pinkfreud-ga on 25 Jul 2006 11:01 PDT |
I expect that UK banks are probably well aware that there is an epidemic of counterfeited cashier's checks. This might result in a delay while the authenticity of the check is verified. |
Subject:
Re: cashiers check
From: probonopublico-ga on 25 Jul 2006 11:03 PDT |
Have just checked with the last $ check that I paid into my UK bank. There was no charge. It wasn't a Cashier's check, just an ordinary one. The slip says that it was accepted for 'Negotiation' and that 'All Negotiations are with recourse to the Customer'. |
Subject:
Re: cashiers check
From: probonopublico-ga on 25 Jul 2006 11:12 PDT |
I wasn't aware of 'the spate of counterfeited cahier's checks' advised by pinkfreud. So, BEWARE! If an ebay purchaser (for example) is offering you one such ... You've got to wonder why ... There are now so many easier (and more secure) ways of making International Payments, PayPal, for example. Clearly, the term 'Cashier's Check' suggests great security which may be spurious. |
Subject:
Re: cashiers check
From: myoarin-ga on 25 Jul 2006 14:32 PDT |
A bonafide cashier's check is issued by a bank, eliminating the greater risk that company or individual issuing a check (cheque) could represent. For the bank, clearing either kind of check is no different and there should certainly be no additional charge for clearing a cashier's check. If PB's bank is like my German one, it may credit the US check immediately, but not consider the amount as available funds until 6 weeks later, allowing time to reverse the credit if the check is returned for any reason. |
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