changing US cheques in GB

I've heard of cowboys in the banking world, but isn't setting up ranches going a bit over the top?

get a US$ account here.

Phil

x-no-archive: yes

check(!) with a US bank that has a ranch in the UK-, or anywhere that operates USA accounts.. or open an a/c in the USA?

citibank in uk? But they've told me its not for business use...

Business account - should negotiate you a discount on putting cheques in.

if trading in your own name, who's to say what the use is.

Phil

The bank are. It is up to you to convince them otherwise.

If you are regularly receiving several $100-ish cheques per month from the USA, they might be suspicious.

Open a US currency account. I did this with Natwest for the US dollar cheques I recieved from my casino winnings !!!

Much cheaper to pay into US Dollar account (v. little comisson) and then just move to normal sterling account.

So it should be some time before you need to order a new paying-in book then... ;-)

The cheques are for affiliate marketing I presume?, the best way I found is just to take them into Natwest, the fee and exchange rates are the best I found. You could have a citibank current account but need to have a minimum deposit of something like $1000 per month to keep it going so I presume thats a little unfeasible. I have been putting US$ cheques into Natwest for a couple of years now and am happy with the outcome.

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