Normally a bank won't charge any fees if the recipient cashes in the bank draft into his account in that bank. The recipient normally needn't pay so much to collect the money as well. And I could ask for any foreign currencies that the recipient would like to receive in (or according to his bank account currency). The fee is very low compared to wire transfer since I only pay a small amount (5 percent of amount, capped at $10). I use bank draft/cashier's order to send money to family abroad. The following may not be applicable to all banks or countries. Please i want to know if a copy of a bank draft can be cashed? thanks Is it possible to get a bank draft in Kuwait from payroll monies and take the bank draft to another country and receive cash? Being a way to transfer payroll money from one country to another and receive cash? Will the money be secure and safe by doing this? Why does the bank draft need to be verified by the bank first before the payee can bank into the account? Could you please explain? Thank you. They verify bank drafts for security purposes - to protect their funds. May 4, The reason a bank will verify the draft before allowing the payee to draw upon it is because dishonest people try to counterfeit documents like bank drafts to steal money from the bank. i do not know what that is, and i wanted to know if it would be safe or sketchy. I am currently selling a Nintendo wii on a site and a person wanted to buy it using a bank draft. How long does an international certified draft from bank of Ireland issued through jp morgan chase take to clear the funds? I do know that it has to go to collections to be verified, but for how long? Who ever wrote this can not spell "cheque" not check We are willing to notify our customers about the time required to wait for the payment of bank draft without this nonsense. We really like to treat our respected customers well. Our main requirement is at the moment is to know exactly how this bank draft process works, especially the time period after which a scammer can’t do anything, so we can even avoid banking errors. We would like to know how long the seller should wait (even though the bank has cleared, and notified the seller) to make sure the customer (in a case they are a scammer) can not possibly withdraw funds from the seller’s bank account. The frustrating part is bank clears funds as mentioned in question one, and during withdrawal. Question 3: Even if is a scammer who is the customer, I strongly believe we have no right to label our valuable customers in any way whatsoever, as these are accepted payment methods. Question 2: Even though the bank clears the check, how long should we wait to make sure everything is fine? This is really frustrating for us, typical sellers who are not unaware of bank processes. Question 1: After receipt of the bank daft in the mail and deposit in our company account, and deposit of funds by the bank (after two to three weeks), is it safe to send the ordered goods? I have heard that even after the bank’s clearing process which takes about two weeks, the bank may withdraw from your account months later. We get international customers paying for their orders by bank draft. How safe is it to send a bank draft in the mail to another country? Anyone have any ideas how I can get round this? The bank said it can not be used as it has two currencies. I have an international bank transfer from a Mexican peso account which has the peso symbol, however it is for sterling and has GBP on it after the total amount. What is the meaning of a draft paid without advice? Outrageous and very upsetting to get this kind of news! I realize there is often a fee when receiving an international bank draft, but for the recipient to have to pay 1,200 SEK to receive 1,300 SEK makes no sense. A wedding gift for the couple, The bride emailed me recently to say that a fee for 1,200 SEK ($182 CAD) would be charged because all foreign cheques are sent to the debt collector which then debits a very high fee. It was for 1,300 SEK ($203 Canadian in April/16). I mailed an international bank draft from Canada to Sweden. The broker was in Alberta Canada the accident happened in BC Canada British Columbia I just found the money draft and I’ve been told that it’s too old to cash it was taken from me without my permission and now I have it in my possession I’ve been told a lot of things to do with it but it finally come down to it that when I did find out who actually now would be responsible for the payout of this draft they’re telling me it’s too old. I have a bank draft that was made out for a loss of a vehicle from an insurance company through ING in 2006.
0 kommentar(er)
