| 11:44 am on May 17, 2007 (gmt 0)|
Have you double checked with the bank? It might be the affiliate trying to get you to to wire the money instead and making up stories about the bank refusing the cheque.
If the bank confirms that they really are refusing the cheque, then you will need to speak to your Business Banking Manager at Barclays who should be able to help.
| 11:50 am on May 17, 2007 (gmt 0)|
I have never heard of a bank not acepting a check, they may not make the funds available untill the check clears depending on the account history.
I would check with the bank directly, there's mostl likely more to the story.
| 4:09 pm on May 17, 2007 (gmt 0)|
I would say either:
A) The affiliate misunderstood what the bank told him/her, or
B) The affiliate is trying to get you to issue another check or wire the money (possibly resulting in getting paid twice), or
C) The person the affiliate talked to at the bank is a complete idiot and the affiliate should complain to the bank manager and take his/her business elsewhere immediately if the manager confirms the restriction.
| 7:43 pm on May 17, 2007 (gmt 0)|
A representative from Wachovia got back to me and confirmed that there is absolutely no problem at all accepting checks from abroad, so I'm not sure what's going on with this particular person at their particular branch.
| 5:17 am on May 20, 2007 (gmt 0)|
>A representative from Wachovia got back to me and confirmed that there is absolutely no problem at all accepting checks from abroad, so I'm not sure what's going on with this particular person at their particular branch.
I will only add this...it has nothing to do with a particular branch of Wachovia!
All processing is done regionally, branches do not get the discretion. The problem is with your affiliate.
I'm British, regularly transfer money from the my UK Barclays accounts to my USA Wachovia accounts via several methods without any problem. Done it for over 13 years....not a single problem has ever occurred!
My wife used to work for Wachovia Bank.....she says..."This is a nonsense....it isn't the banks"!
Your affiliate is either "very confused" or someone you shouldn't be dealing with IMHO :)
| 10:13 am on May 23, 2007 (gmt 0)|
It may not be that they are refusing to deposit the cheque but that it would cost too much to process it.
we had a supplier tell us that it would have cost him $300 to deposit a dollar cheque from our US dollar account with HSBC.
We now wire the money over.
| 8:02 pm on Jun 9, 2007 (gmt 0)|
I found this thread by searching google for "cashing international checks in US"... It's a bit ironic, because I am on the opposite end of this dilemma, I am an affiliate for one of British companies and just received my first commission check which of course is drawn in GBP.
After vising my bank (WAMU) I was told that they can take it but it's going to be 3-4 weeks before I see the money from this check and it's going to cost me a substantial fee to get this done. I was referred to several other banks that may help me, and after talking with every one of them I received the same answer...
Basically the way that most banks in U.S. handle this is they sent the check to collections and wait for it to clear, and the recipient does not get paid until it does. Needless to say it's very incontinent for one and two, the recipient gets a nice chunk taken out of the check besides the headaches.
For me personally, it's not worth the hassle -- there are plenty affiliate programs I can join in US or make sure they pay-out in USD funds rather then wait for the foreign check to clear and in the end still end up on the loosing end of the system.
My question is, how much more work would it be for the payee to send the money over PayPal, Western Union, or a check in USD funds?
| 5:08 pm on Jun 17, 2007 (gmt 0)|
I believe it costs us $25USD to wire money internationally right now. I just sent some to India last week.