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Moving money back to England


Pgh13

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Hi,

Does anyone have experience of using 'cheque negotiation' where you hand a foreign cheque to your British bank and they do the rest for (it appears) 7? We do this with foreign cheques for work, and when I asked at Barclays I was assured that it's not just for business accounts and anyone can use it.
Are there any pitfalls?

Thanks

Peter
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Does not sound a relative bargain compared to simply wiring (which is roughly the same fee isn't it?), and at least with wiring you have reasonable knowledge of the exchange rate you're getting. By depositing the check you really are rolling the dice aren't you, since it exchanges at the rate in effect when the check clears, which is weeks away from when you deposited it.

Camille

www.maisonquercy.com
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