Clearing a $ cheque.

[Moreymach]

Anyone know what the quickest was of clearing a cheque in dollars to a UK account.

My O/H keep most of her money in the US and brings in some as and when its needed. Problem is the bank always take bout 7 - 8 weeks to complete the transaction. Normally its only a few hundred so the delay doesnt matter but this is for a property purchase so its a fair amount and we'd like a bit more influence on when it comes in.

cheers

[cjs]

The only quick way is to do a 'swift' transfer. Cheques do take weeks as they have to be sent back to the US bank who then transfer the money to the UK bank.

[barney123]

You can do an international-bank transfer I think.

All banks have a unique international banking id used to do such transfers - ask your bank.

This would only be a matter of days..

[Famous Graham]

barney123 said:

You can do an international-bank transfer I think.

All banks have a unique international banking id used to do such transfers - ask your bank.

This would only be a matter of days..

Probably requires physical presence in a branch of the US bank though. I know it does with Wells Fargo.

[Moreymach]

Thanks for the replies.

Was hoping that as the cheque was already here there might sort of fast tracking thing we could arrange. Will look into the swift / wire transfer thing.

[trickywoo]

Hope your tax returns are up to date;)

[Moreymach]

trickywoo said:

Hope your tax returns are up to date;)

??