Banking a UK cheque

Gemini · Post by **Gemini** » Wed 10 Jul 2013 11:34 am

I wanted to bank a cheque for £1100 with Creditwest Bank. They informed me that they would charge about £100 to do so. This seems very high. Is this common practice in the TRNC?

Nigel

the butlers wife · Post by **the butlers wife** » Wed 10 Jul 2013 11:47 am

I know credit west charge a lot of money for banking cheques but Turk Bank charge very little if the cheque is your own cheque drawn on a UK bank.

The butlers wife

journey1 · Post by **journey1** » Wed 10 Jul 2013 4:54 pm

I have banked UK cheques with Turk Bankasi and they only charge a couple of pounds.

stellasstar1 · Post by **stellasstar1** » Thu 11 Jul 2013 8:07 am

I can't remember how much Iktisatbank charge, but I know it isn't very much, and certainly not £100. It does seem to take a lot longer to clear nowadays, used to be about 4 weeks and now up to 8 weeks.

come_on_aylin · Post by **come_on_aylin** » Thu 11 Jul 2013 8:34 am

If you still have a UK bank account then it may be quicker and cheaper to post the cheque to your bank then when it's cleared take the money out via an ATM here that dispenses Sterling. I usually try to get someone who's going to UK to post it for me so the whole thing takes about a week.