| View previous topic :: View next topic |
| Author |
Message |
traxxe
Joined: 21 Feb 2007
|
 Posted: Fri May 23, 2008 1:53 am Post subject: Can Korean banks deposit checks from America? |
 |
|
I have about a 4000 dollar check heading my way from the states.
Can Korean banks deposit foreign checks. It isn't a personal check. It is from a business account. |
|
| Back to top |
|
 |
ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
|
| Posted: Fri May 23, 2008 2:17 am Post subject: Re: Can Korean banks deposit checks from America? |
|
|
| traxxe wrote: |
I have about a 4000 dollar check heading my way from the states.
Can Korean banks deposit foreign checks. It isn't a personal check. It is from a business account. |
You can deposit it.
It may take a month or so to clear and they may charge you a clearing fee (depending on what bank you deal with and how long you have been there and what other services you use.)
. |
|
| Back to top |
|
|
moosehead
Joined: 05 May 2007
|
| Posted: Fri May 23, 2008 2:28 am Post subject: Re: Can Korean banks deposit checks from America? |
|
|
| traxxe wrote: |
I have about a 4000 dollar check heading my way from the states.
Can Korean banks deposit foreign checks. It isn't a personal check. It is from a business account. |
I receive large checks like that - NO WAY I'd trust a Korean bank with one - !!
Remember, they must keep track of the actual check and return it overseas for reimbursement - if it's lost, well, guess who's gonna suffer?
when mine arrive, I take it straight to Federal Express, sign, insure for the amount of the check, and send it straight to my bank in the U.S. - they have a special "bank by mail" address also - so if you have a bank there (or in your country) ask about this. Otherwise, I'd send it to a parent or someone you can absolutely trust to deposit it for you.
Since I bank online, I can see when the check is deposited and when it clears. If I did it here, well, I can't even begin to imagine what kind of nightmares of stress I'd be having.
good luck!!  |
|
| Back to top |
|
|
Young FRANKenstein
Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)
|
| Posted: Fri May 23, 2008 4:42 am Post subject: Re: Can Korean banks deposit checks from America? |
|
|
| traxxe wrote: |
I have about a 4000 dollar check heading my way from the states.
Can Korean banks deposit foreign checks. It isn't a personal check. It is from a business account. |
They'll deposit it. I deposited one for $30,000 not long ago. It took 4 weeks to clear, but they did cash it. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
