Cheque made out to me in sterling can i put it in my spanish account

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29 Sep 2007 12:00 AM by steve&hayley Star rating. 33 posts Send private message

If i get a cheque made out to me in uk can i take it too spain and deposit in my account



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29 Sep 2007 6:37 PM by bobaol Star rating. 2253 posts Send private message

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Yes. but it could take up to 6 weeks to clear depending on the bank.  Plus most Spanish banks charge a commission (my last one for £2000 had €10 charged).  You should get the commercial rate as opposed to the tourist rate (plus side) but if they make no charges, ensure the rate is not lower by, possibly, 1 cent. 



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