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Sterling cheque lodgement fees (golden years account)

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  • 23-10-2020 10:05pm
    #1
    Moderators, Motoring & Transport Moderators Posts: 6,522 Mod ✭✭✭✭


    Just spent way more time than was appropriate searching the main web site to try and find out what the fees and timescale are relating to lodging a Sterling cheque.


    There appears to be nothing definitive about the charges for the service, or the timescale for clearing, so before we lodge it, (<£20,000), I decided to check here before presenting it, as there's some confusion about the costs and timescale, some the the comments here on this page are worrying, and that's being nice about it.

    Shore, if it was easy, everybody would be doin it.😁



Comments

  • Moderators, Motoring & Transport Moderators Posts: 6,522 Mod ✭✭✭✭Irish Steve


    Bump, as no one is responding.

    Shore, if it was easy, everybody would be doin it.😁



  • Closed Accounts Posts: 1,293 ✭✭✭Bank of Ireland Reps


    Just spent way more time than was appropriate searching the main web site to try and find out what the fees and timescale are relating to lodging a Sterling cheque.


    There appears to be nothing definitive about the charges for the service, or the timescale for clearing, so before we lodge it, (<£20,000), I decided to check here before presenting it, as there's some confusion about the costs and timescale, some the the comments here on this page are worrying, and that's being nice about it.
    Hi There, 

    Thanks for getting in touch with us here on Boards. We are very sorry for the delay in responding to you. It appears that the original post was missed. 

    When a foreign exchange cheque is lodged to your account this can take anything between 4 to 6 weeks to clear on the account before the funds are made available to you.

    All fees and charges will be provided to you by the branch when the cheque is brought into the branch. However for an idea of the exchange rate that may be applied please see here

    We hope this helps and that you remain safe and well during this time. 

    Thanks Jen


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