Letseng Posted November 7, 2018 Share Posted November 7, 2018 Some time ago I read on this forum that some Thai banks will accept a GBP cheque to pay into one's account. I have received a cheque, have no account in the U.K., can't open one as I have no residence there. My home bank back in Europe does not accept cheques any longer unless these are in Euro. Can anyone help please? The cheque issuer will neither issue a € cheque nor do a bank transfer. So much for the U.K. wanting to be the financial hub of Europe. Link to comment Share on other sites More sharing options...
BobBKK Posted November 7, 2018 Share Posted November 7, 2018 Interesting and you have a GBP account? or THB? I have a Bangkok Bank GBP and I'm unsure they would take a cheque. Link to comment Share on other sites More sharing options...
Antonymous Posted November 7, 2018 Share Posted November 7, 2018 I deposit GBP cheques to my account at KTB. Some banks won't accept them at all. Some banks will only accept them above a certain amount. You need to have an account with them. Then wait 4-6 weeks for them to clear it. No bank will 'cash' a GBP cheque. Link to comment Share on other sites More sharing options...
Letseng Posted November 7, 2018 Author Share Posted November 7, 2018 Sorry, I did mean "deposit" the cheque not to cash it I'm aware to cash it would not be possible. The account is with UOB, a not very helpful bank. It is a "payee a/c only" cheque. UOB account is in my name. Bangkok Bank a/c is in my wife's name. This won't help. Both a/c are in THB. Cheque amount is above 10,000. Link to comment Share on other sites More sharing options...
Letseng Posted February 18, 2019 Author Share Posted February 18, 2019 On 11/7/2018 at 1:55 PM, BobBKK said: Interesting and you have a GBP account? or THB? I have a Bangkok Bank GBP and I'm unsure they would take a cheque. As an update to my question: Bangkok Bank accepts GBP cheques to be deposited into a THB account. However, the account has to be used for min. 6 months before they will accept a cheque. Brit. cheques seem to be valid for 6 months only. Same wiith an FCD account. My husband isn't sure if he just got fobbed of with the 6 months rule or whether it really exists. He described the person extremely rude with a "go away and don't bother me attitude". Link to comment Share on other sites More sharing options...
Pilotman Posted February 18, 2019 Share Posted February 18, 2019 I wasn't aware that cheques are still in use. If I recall, my UK bank stopped using them a few years ago. Can't remember the last time I saw one. Link to comment Share on other sites More sharing options...
Letseng Posted February 18, 2019 Author Share Posted February 18, 2019 6 minutes ago, Pilotman said: I wasn't aware that cheques are still in use. If I recall, my UK bank stopped using them a few years ago. Can't remember the last time I saw one. Lucky you with your bank. We sold shares and payout can only be by cheque and not to a bank account. Puzzles me but they this shows how behind times some companies are. Link to comment Share on other sites More sharing options...
albertik Posted February 18, 2019 Share Posted February 18, 2019 Just deposited into my Thai account a check written on my U.S. bank account. This is the second time I have done this. The 1st time it took 30 days to clear.(a couple of years ago) This latest deposit took almost 3 months. This transaction was via my U.S. account via Bangkok Bank. Don't know why it took so long this time. Link to comment Share on other sites More sharing options...
Letseng Posted February 18, 2019 Author Share Posted February 18, 2019 9 minutes ago, albertik said: Just deposited into my Thai account a check written on my U.S. bank account. This is the second time I have done this. The 1st time it took 30 days to clear.(a couple of years ago) This latest deposit took almost 3 months. This transaction was via my U.S. account via Bangkok Bank. Don't know why it took so long this time. Cheque in question is a GBP cheque not US$. Obstacle is that the account is not 6 months old. I don't care how long clearance takes. Link to comment Share on other sites More sharing options...
userabcd Posted February 18, 2019 Share Posted February 18, 2019 3 hours ago, Pilotman said: I wasn't aware that cheques are still in use. If I recall, my UK bank stopped using them a few years ago. Can't remember the last time I saw one. If one closes a bank account in the UK, the balance will be paid by cheque. Link to comment Share on other sites More sharing options...
Pilotman Posted February 18, 2019 Share Posted February 18, 2019 53 minutes ago, userabcd said: If one closes a bank account in the UK, the balance will be paid by cheque. I did 2 years ago, and they didn't. It was a bank transfer to another bank. Link to comment Share on other sites More sharing options...
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