Banking Foreign Currency Cheques - cheapest please?

[shopper150]

I have a couple of foreign currency cheques to bank.
Does anyone know the cheapest way to do this?
I've read about a few of these new foreign currency exchange types of accounts (e.g. Revolut, Monza, TransferWise etc), but I'm not sure these are right for what I need?

Does anyone have any tips?

Edited by shopper150 on Wednesday 14th February 20:20

[anonymous-user]

I have the odd transaction , but the other way around, I get sterling cheques, If its the odd one or two just bank them and take the fees, But a few years ago I had my Salary paid in sterling then I opened a sterling account,
If you open a foreign currency account then you can time the transfer to sterling for when it is advantageous to you, but the money will just sit there if you have no debt in that currency to use it up
For the odd cheque there is no advantage in trying to hold in the foreign currency just pay your bank to cash it in, the big issue is it can take up to several months to get the money as your bank will contact the overseas bank agree a rate, agree cheque will be honoured etc and only then will transfer be credited to you. I've seen transactions with Asian bank take up to three months.