Cashing cheques in foreign currencies
Cash personal and business cheques in foreign currencies (other than US). Depending on currency and risk level, they can be cashed for immediate credit or for collection if they are dishonoured (ensures availability of funds).
Features
- In some cases, immediate credit is given and the cheque is immediately deposited into the account, which is subject to a hold.
- Average clearing time for a cheque in foreign currency is 30 days.