trainman Posted October 26, 2010 Share Posted October 26, 2010 Help! Can a down payment for a French property be made with a cashiers check from a US bank? Link to comment Share on other sites More sharing options...
Bob T Posted October 26, 2010 Share Posted October 26, 2010 Not sure, but I would think that any payment method was good as long as the cleared funds are with the notaire at the time of the C de V. Link to comment Share on other sites More sharing options...
debbie Posted October 27, 2010 Share Posted October 27, 2010 As a banker I know that it will be converted and you will get a better conversion rate from your bank than you will from the French Bank. I recommend wiring funds in Euros from your US Bank account. Link to comment Share on other sites More sharing options...
tenniswitch Posted October 27, 2010 Share Posted October 27, 2010 Yes, a US bank can issue a cashier's check in euros. Or it can do a wire transfer in euros. Contact your bank to make sure that they have someone who knows how to do this (if it's a branch of a large bank, they may have to contact someone elsewhere). You might also check with the notaire and see which he prefers.Our US bank charges $50 for wire transfers and $25 for cashier's checks. Your bank fees may be different. There is also the matter of the currency exchange rate; if you're a good customer, they should be willing to give you their "best" rate. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.