My bank, Fleet, says that some foreign checks have to go through their
"International Collections" department, which charges from $35 to $50. Even
an electronic fund transfer, which sounds like it should be the most
efficient way to go, can cost around $50. Fleet, hate 'em.
A sign in their lobby a year or so ago said:
"To serve you better, tellers will no longer be available to you on
Saturdays"
It really said that.
John Hermanson
___________________________________
http://www.zuiko.com
Camtech, Olympus Service since 1977.
21 South Lane, Huntington NY 11743-4714
Phone/fax 631-424-2121
Free Olympus Manuals: 1-800-221-3000
___________________________________
----- Original Message -----
From: "Tom Scales" <tscales@xxxxxxxxxxxxx>
To: <olympus@xxxxxxxxxxxxxxx>
Sent: Tuesday, May 15, 2001 11:53 AM
Subject: [OM] [OT] Deposting non-US checks
| I just had a rude awakening. A few weeks ago I deposited a US dollar
check
| drawn on the German bank Volksbank into my credit union. So far, so good.
|
| Just got my bank statement. My credit union charged me $20 to process it.
| Volksbank charged my credit union another $15 to cash their own check!
|
| So, out of a $250 check, I got hit with $35 in fees.
|
| Has anyone else had this problem? It was a first for me. I'm back to
Money
| orders or Cash.
|
| Tom
|
|
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