If you've received a cheque in foreign currency, you'll need to find banks that accept foreign cheques or a specialized 'international check cashing' service. Plus you should be aware of the potential fees involved, particularly with the currency conversion exchange rate involved.
If you've received a cheque in foreign currency, you'll need to find banks that accept foreign cheques or a specialized 'international check cashing' service. Plus you should be aware of the potential fees involved, particularly with the currency conversion exchange rate involved.
Foreign checks may be accepted at a branch for deposit; however, they cannot be cashed and aren't eligible for mobile check deposit.
Your local Wells Fargo branch can accept checks issued in a limited number of foreign countries and currencies.
Most foreign checks are processed within 2 weeks. However, depending on the country and foreign bank it could take up to 6 weeks. Some foreign items need to be sent out for collection and can take anywhere from 3 to 6 months to be returned, depending on the currency and bank.
If your pockets are jingling with foreign currency and you want to deposit it into your bank, you'll have to exchange it into U.S. dollars first. If you live in a major city or have an account at a larger bank, you may not have too much trouble accomplishing this.
Local banks and credit unions usually offer the best rates. Major banks, such as Chase or , often offer the added benefit of having ATMs overseas. Online peer-to-peer foreign currency exchanges. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.
Foreign Currency Checks Your local Wells Fargo branch can accept checks issued in a limited number of foreign countries and currencies. Visit a Wells Fargo branch or call 1-800-678-4653 to learn more.