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How to Cash a U.S. Check?

 
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KOREAN_MAN



Joined: 01 Oct 2006

PostPosted: Fri Jun 04, 2010 1:02 am    Post subject: How to Cash a U.S. Check? Reply with quote

I got a check from a U.S. bank that I need to cash in. I know I can go to the KEB but that will take at least a month for the money to be cleared. Does anybody know a better way?
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Fri Jun 04, 2010 1:40 am    Post subject: Re: How to Cash a U.S. Check? Reply with quote

KOREAN_MAN wrote:
I got a check from a U.S. bank that I need to cash in. I know I can go to the KEB but that will take at least a month for the money to be cleared. Does anybody know a better way?


Personal check = no hope.

Bank draft = deposit and wait for clearance.

.
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kprrok



Joined: 06 Apr 2004
Location: back in Jeju

PostPosted: Fri Jun 04, 2010 1:52 am    Post subject: Reply with quote

The fastest way? Fly to America, cash it, fly back.

The 2nd fastest way? Endorse it, send it to someone you trust, have it deposited, have said person send cash back (or paypal or whatever).

3rd fastest? Go to KEB or some other bank and hope to God it doesn't take a couple of months.
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kinerry



Joined: 01 Jun 2009

PostPosted: Fri Jun 04, 2010 5:42 am    Post subject: Reply with quote

Your bank in the US will have a PO Box that takes mail deposits.
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Milwaukiedave



Joined: 02 Oct 2004
Location: Bucheon

PostPosted: Fri Jun 04, 2010 11:49 pm    Post subject: Reply with quote

If you have a US account, you can write "for deposit only" and find out the address to mail the check to your bank. If not, I have to go with Tom's answer, not much of a chance.

After my last trip home, I ended up getting rebate checks from things I bought and mailed them to my bank and they were credited to my account just fine.
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