Which banks cash the checks of foreign banks. How to cash a check

So you've become the proud owner of the check you want to cash. Whether it's compensation for services, a birthday gift, or just a nice surprise, you're ready to get that money and spend it as quickly as possible. Except you've run into one problem: you have no idea how to cash checks. Don't worry! Even if you do not have a bank account, you can easily cash your check at the nearest bank branch. Here step-by-step instruction the whole process.

Steps

Part 1

Be carefull

First of all, you must make sure that you can trust the person who gave you this check. This is the most important step throughout the process, as an invalid or fake check can cause you a lot of trouble. To avoid embarrassing situations, only accept checks from people you know and trust. If you are accepting payment from a person you do not know (for example, someone offers to pay with a check for your grandmother's carpet, which you decided to sell through Avito), then it is better to ask for cash, if such an option is possible. If you are sure that your check is valid, then before going to the bank, make sure you have the following information: #* Correct details (full name and address) of the person who gave you the check

Contact details of this person so that you can contact him in case you have any problems during the cashing out process
The name of the bank that issued this check

Confirm check liquidity before after you cash it out. To do this, you need to sign on the back of the check, immediately after the "x" icon, on the horizontal signature line. Do not sign the check before going to the bank, so that if the check is lost, it cannot be cashed by strangers. If you do not validate the liquidity of the check, the bank may have difficulty cashing your check.

Cash your check as soon as possible. Some checks, such as checks used by employers, have an expiration date. Even if there is no expiration date on your check, remember that banks are not required to cash checks that are more than six months old. To receive your money quickly and easily, be sure to cash your check on time.

Make a check deposit at your bank's ATM. This is another way to cash checks. When using an ATM to cash a check, the funds will be automatically transferred to your bank account. Please note that this process may take up to three business days. Meanwhile, if you already have some funds in your bank account, you can continue to use them. Either way, it's a quick way to make sure the money gets transferred from the check to your bank account. To deposit a check through your bank's ATM, you must:
- Insert your bank card to an ATM
- Enter your PIN and click "Next"
- Select "Deposit check"
- Insert a check into a deposit slot
- Confirm the amount for which the check is issued
- Withdraw money when it is transferred to your bank account (or sooner if you already have funds in that account)
Use mobile app for a deposit. This new and convenient method, which is being used by a growing number of banks, allows customers to deposit checks into their bank accounts via smartphones. To use this method, you need to download your bank's mobile application on your smartphone, take a photo of your check from both sides, and confirm the amount for which the check was drawn. This method is similar to cashing a check at an ATM, but requires much less physical effort and time.
- Sooner or later, you still have to drive to the nearest branch of your bank to withdraw the money that has been credited to your account.

Part 3

other ways to cash a check

Cashing a check at the bank that issued the check. Don't worry if you don't have a bank account. All you need to do in this situation is to go to the bank that issued the check (the name of the bank will appear on the front of the check). Don't forget to bring your ID document! It is also worth remembering that many banks may charge a fee for such services, and will also offer you to open a personal account.
Cash your check at the store. Very often, large supermarkets and franchises allow customers to cash checks for a small fee. Usually, this commission is less than the commission of banks or specialized companies for cashing checks. For example, in 7-Eleven stores, any check can be cashed by paying a commission of .99% of the total amount of the check, and in Wal-Mart stores, the commission is only three dollars for checks up to $1,000.
- As previously noted, do not sign the back of your check until you are in front of the cashier who is cashing the check for you.
Contact specialized check cashing companies only in the most extreme case. This option should only be used in special cases, because such companies charge a large commission on each check. At the same time, these companies are usually the fastest way to get money in hand and, depending on where you live, can be open 24 hours a day, 7 days a week. The high fees are justified by the serious risk companies face cashing all the checks they receive.
- These companies are well aware that they work with clients who urgently need money and take advantage of their desperate situation.

Read to the end and you will be able to cash any checks with a minimum commission, within only 5 days!

This is my first check from Google. Before that, I did not receive, and even more so, did not cash out any personal checks, and how to do it, and even more profitable, did not know until today. But over time, each person becomes wiser. It is not for nothing that in the old days people of advanced age were called wise men. The longer you live, the wiser you become!)) Well, okay, something got distracted. Let's get back to the question of cashing a check.

My site has Google ads. Amount in $101 , I earned in about 10 months, but not quickly. But I haven’t developed that site for a long time, I don’t write articles there, attendance is at the level of 500-600 uniques per day and the topic is very narrow. Therefore, I believe that the result is more than worthy!

When my Google Adsense balance was replenished by just over $100, the company automatically sent a personal check to my postal address, which I registered with Adsense. And informed me about it e-mail, they say a letter with a check has been sent to your address. Here is the check itself:

I was inexperienced and did not know that now there is a completely different way to withdraw money from Adsense through online service to your e-wallet. It takes much less time and the percentage of cashing out earned money is much more profitable. By the way, I wrote about this in my article "".

But, there is nothing to do. The check has come, it's time to start the process of receiving "live" or electronic money.) I assumed that checks of this kind could be cashed by the bank. I went to my favorite Sberbank and asked the operator girl:

- Hello! Tell me, please, do you cash personal checks for collection issued by a foreign bank? … 10 second pause…

“Something, sorry, that was all she managed to squeeze out.

I repeated my question, to which 10 minutes later, after long calls and conversations with the boss, I received the answer "NO" !!! To tell the truth, I didn’t expect anything else, so I wasn’t very upset.

Arriving home, he began to call all the major banks in the city of Ryazan and ask if they could cash a personal check issued by a foreign bank for collection.

In our city, only VTB 24 turned out to be such a bank. Perhaps also PrioBank, but I could not find out there full information. VTB 24 Bank charges $30 for cashing a check + another 1% for directly receiving money from the amount you receive. Yes, a ruthless price!

In addition, they send all the data to Moscow, and when it will be the next time, the girl did not tell me on the phone. Cashing out $101 to get $70 isn't profitable at all. In addition, it takes up to 1 month to check a check and about 2-3 months to credit funds to a bank account. It's just TRASH!!! And I began to look for other ways.

Poryskav on the Internet, I found a wonderful service, which is called ePay Service. This is a serious company that you can trust. The head office of which is located in America. In Russia, the representative office is located in St. Petersburg. AT general feedback about the service can be found on the Internet. The company provides a fairly wide range of services to both individuals and legal entities, read all the details on the official website epayservices.com.

The service cashes not only Google AdSense checks, but also Amazon, Commission Junction and many others. In addition, the tariffs are the most symbolic, in my opinion. Using the services of this company, I cashed out my legal money in 5 days.)) But first things first.

Registration on the ePayServices website

We go to the site http://epayservices.com. Choose the language - Russian (RU). Now we need to register on the site. We click on the button "Registration"(top left). Further « Newuserregistration". We fill in all the fields with our real data, always in English letters.

Choose "Personal Account".
mobile phone- a field for entering your phone number. It is mandatory to enter the cell number (without the “+” sign, for example, 79801001100), because in the future, a code will be sent to it to access your account on the service website.
Login- Create a username for your account. (Chueshov-Roman)
Email- Your email address. I entered the mail registered on the Google website. ( [email protected])
first name- field for entering your name. (Roman)
last name- field for entering your last name. (Chueshov)
date of birth- your date of birth. (1981-10-11)
Skype / ICQ / Jabber- your internet contacts. I wrote skype.
Country- from the drop-down list, select the country (Russian Federation)
country residence- Country of Residence. Substituted automatically after selecting a country. (Russian Federation).
street- street and house by registration, (29 Uritsky).
apt- apartment number.
city– city of registration. (Ryazan).
Zip code– post office index (390000).

After filling in all the fields, do not forget to check the box "I agree" and press the big button « register".

Within 1 minute you will receive an email with the data to enter your Personal Area. Follow the link in the letter.
In the browser window that opens, enter your username and password, click the button "Sign In". Within a few seconds, you will receive a code on your phone, which must be entered in the appropriate field and click on the button "Verify". You are in your account. Congratulations!

P.S. If suddenly the verification code does not come to the phone, this often happens, do not despair. I just close the service tab and open it again after 2-3 minutes. I make a code request and it usually comes.

Now you need to verify in the system, for this you need to upload and send your passport data and other necessary documents to the ePayServices administration.

Verification process

Go to main menu item "The documents". Download the following documents here:

A civil passport, with all pages and even empty ones.
International passport, if any. I had an expired one. Just in case, I sent 1 page with a photo.
Address confirmation. Here I photographed the gas payment receipt for January 2016. In principle, you can send any payment. The main thing is that your name and address of registration should not be indicated on it.
Driver's license on both sides.

I took photographs digital camera, all the required documents in 16 Mpx resolution, cut the palatine and edited it in Photoshop to occupy smaller size and sent to the administration of the service for consideration by clicking on "Download".

Within an hour and a half, I received an e-mail about the successful verification procedure and about assigning me a personal account in the system. Hooray!!!

Once again, we follow the link in the letter, and by entering the login and password we get into our personal account. In field "Refill" go to tab "iCheck".
A window will open before us "Faster check cashing". Here we read all the information very carefully, go down and see two buttons where you need to add scans Google check adsense.

When scanning receipts, make sure you do so as required by the service. Just take a picture and send it - it won't work!!! I'll tell you how I did it.

Before scanning the check, write on the reverse side For the credit to MTACC Inc. ROMAN CHUYESHOV and put your signature, as in the passport.

Having photographed both sides, I opened them in Photoshop and edited them according to the requirements indicated here (https://online.epayservices.com/icheck/good). Then uploaded to the server separately front side and werewolf by clicking on the corresponding buttons "Select a file". When finished, press "Add". The status of adding documents will immediately appear below.

Within 1 hour, check scans are checked and the status changes to "Received" if everything is done correctly. In the "Date of crediting" field, the date appears when funds will be credited to your system balance, taking into account the epayservice commission equal to. My commission was 3.5% of the amount indicated on the check. I have money in my account after 5 days.

It remains the case for the small. Transfer funds from the system balance to the Webmoney wallet.

Withdrawing money from ePayService to your Webmoney wallet

On the main page, go to the section "Withdrawals" — « WebMoneyZ". Of course, you must first have a WM dollar wallet registered.

I want to note that the transfer commission, according to the system, is only 1%.

We fill in all the fields: the Z wallet number, the amount you want to withdraw. In the payment details field, I wrote: “Google Adsense check cashing.”, and press the button "Send". We enter the verification code that came to the phone and a window opens in front of us - "Application created!".

In Western countries, including America, such a bank document as a check is a form of payment. labor activity, which is used along with payment cards in order to receive your wages for, for example, participation in foreign programs partnership or sponsorship. The document is sent by mail to a person living in Russian Federation, and in order for him to be able to get his money, he should learn how to cash an American check in Russia.

Is it possible to cash an American check in Russia

It is necessary to immediately take into account the fact that it will not be possible to cash any foreign, including an American check in the Russian Federation in every, even a large Russian banking institution located in big city such as Moscow, Kazan, St. Petersburg, etc. Sometimes employees of call-centers of such banks do not even have an idea about what operations can be carried out with such a payment document.

The procedure for cashing a nominal check has its own name - "collection of a nominal check of a foreign banking organization." This is a rather expensive service, as the bank charges certain commission and guarantee fees from the client.

The presence of such difficulties can be explained by the fact that such a service is popular among people leading any work activity abroad or workers in Russia, Belarus, Ukraine, Kazakhstan, etc., but in a foreign company.

As a rule, the cost of cashing an American check includes the following items:

bank commission for collection (about 2% of the total amount);
commission of a foreign bank (sometimes it is paid, and sometimes not);
other expenses of a bank located in the Russian Federation.

If produce necessary calculations, it turns out that total amount the commission that the bank takes for cashing a check is about 7% of all money.

In addition, a domestic bank, in order to cover its own costs, may take a deposit from the one who holds the check to protect itself in a situation if the foreign organization refuses to satisfy the request.

Read also The procedure for cashing a savings certificate of Sberbank to bearer

This procedure, as a rule, lasts about sixty days from the date of execution of an agreement on the provision of services with a bank in the Russian Federation. It is necessary to remember about the validity period of the payment document, because if it expires, it will be almost impossible to receive money. Banks do not accept a check for collection if it expires in thirty days.

In order to control the origin of money, a Russian bank may request a document confirming the legality of the source of profit. It can be provided by the issuer of the check.

What should a check document look like?

In order for a Russian financial institution to agree to process a check document issued in the United States, it must contain all the mandatory details provided for by the legislation of the Russian Federation:

paper must contain the word "check";
the amount of money is written in both numbers and letters;
the currency must be named both briefly and in full;
information about the payer is required along with the specified number of the bank account from which the amount of money was transferred;
the day the document was drawn up;
designer's signature.

If at least one of the elements described above is missing in the check, the bank may refuse to work with the client.

Types of checks and ways to cash them

There are two types of checks: cash and settlement. The first ones are needed in order to pay cash to the person who presents the document.

Settlement accounts are necessary for making non-cash payments in order to transfer a certain amount indicated in the paper to the account of its bearer.

In the case of American checks, collection operations are often carried out according to a covered scheme, i.e. money is paid to the bearer of the check only if it is in the payer's account.

Depending on who the recipient is, the following types of checks can be distinguished:

personal, which must be issued in the name of a specific person who is the bearer of a personal check from America;
order, transferred in favor of a specific recipient with the right to transfer to a third party. A note about this is placed on the back of the check;
bearer can be cashed by any person who came with him to a banking organization.

Read also The procedure for withdrawing funds from an account opened with Sberbank

In order for employees of Russian banks not to have unnecessary questions during the transfer to the bearer of the check Money, you should use personal documents that make it possible to receive money without presenting additional documents.

Cashout method

There is a specific cashing method suitable for each of the types of checks described above.

You can get money from a payment document in almost many domestic banks, but for this you should first learn more about the conditions for the implementation of the procedure, which in different organizations may differ, mainly in the amount of interest for the services provided.

It is most profitable to process checks with large amounts, since a mandatory percentage is charged for the work of the bank, the amount of which cannot be less than the permissible minimum rate.

You need to understand that you won’t be able to get money right away, since the whole process takes place in several steps:

receipt of a check in the bank;
processing of information transmitted to the organization;
sending by a foreign bank the amount necessary for the bearer of the check;
receiving money last.

Having received a check in hand, it should be borne in mind that any operations with it can only be carried out within the next six months, after which it will no longer be possible to cash the document.

Overview of check cashing companies

It is possible to receive money using a check document in many financial institutions that support this option. For example, VTB 24, according to reviews, is quite popular among clients working in foreign firms, thanks to the favorable collection conditions it has established.

It must be said that the conditions for the provision of such a service change often, but, nevertheless, do not lose their benefits.

It is possible to carry out collection within the borders of the Russian Federation without being present in person and without leaving home, simply using an online bank, for example, if the bearer is a client of Sberbank. The procedure is carried out only when information is indicated in special questionnaire sections.

In addition, a photo of the check itself may be required.

After buying a car at an auction in America, small amounts of money remain, the so-called “tails”. Auctions do not like to return them, offering to credit them to renew your account or leave them until the next purchase, and if you have made a purchase of one car and do not plan to participate in the auction in the future, then the desire to return your hard-earned money will triumph.

In my practice, there were no refunds and I decided, as an experiment, to try to return a certain amount from my balance in my account. To speed up the process, I called the States and asked the senior manager in charge of the Russian region how to do it. I was asked to confirm by e-mail my Moscow postal address and that's it.

As you can imagine, I have encountered different problems at auctions and of course I know the administrator of the auction and they know me and maybe it’s easier for me to decide something (by the way, they didn’t ask anyone not to recommend a refund), and you, as a beginner, can be “loaded”.

Know, no matter how you are persuaded, the money must be returned and will be returned, but not money to your bank account, but in the form of a paper that is not understandable to everyone, in a simple postal envelope, called "American Check". As I assume, you have not often encountered this, therefore I am writing instructions for cashing American checks.

In fact, this is a full-fledged payment document and is unconditionally accepted for payment in all countries of the world, while taking a few minutes of time. We have our own way and the attitude of banks to such securities, to put it mildly, is not friendly.

To summarize and draw conclusions:

1. If yours is broken mailbox or not only you "visit" it, open a temporary mailbox at the nearest post office, but only at the address indicated during registration at the auction.

2. Do not ask to send a check by registered mail, it will take even longer. Ask on the check to indicate a longer period for cashing out or not to indicate at all.

The information is current as of July 2010.

The address of the branch where I made the transfer: Moscow. Prospekt Mira 120/1 (M - Alekseevskaya) Bank - Moscow.

Since 2011, withdrawing money from the auction has become much easier.

The entire amount is returned to your foreign currency account in a Russian bank, and within one business day. To do this, you must have or open a foreign currency account in any bank (where you can open a foreign currency account!) And send, by e-mail, the details to the auction manager.

Example:
account name: ALEKSEY SILAEV (your initials)
account number: 40817840800000005892 (your account number)
bank name: RUSSIAN REGIONAL DEVELOPMEN BANK (PJSC "RRDB" - the name of your bank in English)
Swift: RRDBRUMM Account No. 400940760 (information about the bank in the Swift system)
Correspondent Bank name: JPMorgan Chase Bank, New York swift: CHASUS33 ABA 021000021 (correspondent bank)

These four lines are enough to receive money within a day, given the time difference between the US and the Russian Federation.

Bank	Commission	Term
RUSSIA In accordance with the current currency legislation of the Russian Federation, when depositing checks in excess of US$ 5,000.00 or an equivalent amount in another currency, you will need to submit documents justifying the transaction to the bank.
Acceptance of registered bank checks for collection: Moscow
Citi-Bank (www.citibank.ru)		30-90 days
VTB		-
Promsvyazbank	Does not accept checks for collection	-
Alfa Bank	Does not accept checks for collection	-
Uralsib	Does not accept checks for collection	-
Raiffeisen	Does not accept checks for collection	-
UniCredit Bank (Unicredit)	Does not accept checks for collection	-
Binbank	Does not accept checks for collection	-
Bank of Moscow (www.bm.ru)	Bank commission - 2% of the check amount, but not less than 350 rubles. For collection, checks are accepted in US dollars, euros, British pounds sterling. The commission is paid directly upon delivery of the check for collection. If a foreign bank fails to pay a check, the commission paid to the bank will not be refunded. To hand over a check for collection, you need to apply to any branch of the Bank, having a check and an identity document with you.	?
Acceptance of registered bank checks for collection: Rostov-on-Don
Citi-Bank (www.citibank.ru)	Bank commission on checks in US dollars - 1% of the check amount, min. - 25, max. - 300 US dollars For cheam in euros - 1% of the check amount, min. - 20, max. - 220 euros. Carefully read the bank's terms of service!	30-90 days
Center-invest	Does not accept checks for collection	-
Bank Zenith	Does not accept checks for collection	-
VneshTorgBank	Bank commission - 3%, but not less than $15 and not more than $300. The commission is paid upon delivery of a check for collection in rubles at the exchange rate of the Central Bank. For collection, checks are accepted in denominations from $25 to $5,000. Without problems, for example, German bank checks in euros, Canadian bank checks in US dollars are accepted. The account is opened free of charge.	45 days
Sberbank, Bin-Bank, Petrocommerce	Checks for collection are not accepted	-
Uniastrum	Bank commission - 1.5% of the check face value; min 10 - max 200 USD from each check. In EURO and other currencies: 1.5% of the nominal value of the check min 10 - max 200 euros from each check. At the time of receipt of checks for collection, only the minimum amount of commission is withheld in accordance with the Bank's tariffs (10 US dollars / euros). In case of non-payment by a foreign bank of a check, the commission paid to the bank is not returned to the client. For cashing out received funds when issuing cash, 2% of the amount is charged.	?
Rosbank	Bank commission - 2% of the face value, min 30 USD	?
RosEvroBank (SovKomBank)	Acceptance for collection of any nominal bank checks in any currency. Bank commission - 2% of the face value, min 30 USD	up to 3 weeks
Converse Bank	Commission $5 if the check is less than $200, $20 if the check is more than $200. Check back $9.5.	3 weeks
Promradtechbank	$9 from one check, $7 if there are more than one checks. The money is deposited into your account (open for free). When withdrawing from the account + 2% of the amount. Myasnitskaya, 35, tel 207-91-57	2 - 3 weeks
Marine Bank (Marine Joint Stock Bank)	0.15% of the amount, min $50, max $400; return of unpaid checks - $100	?
Bank Sofia	0.15%, min $15. Return of an unpaid check - $20. Delivery by DHL at the expense of the recipient. Commissions are charged upon receipt of money.	2-4 weeks
Shipbuilding Bank	3%, minimum $50.00	2-4 weeks
Bank for Development and Reconstruction	$50 + 2.5% of the amount	?
AB Russia	Acceptance for collection of checks in US dollars: Bank commission - 2% of the face value of the check; min 5 USD from each check. The amount of the minimum balance on the demand account in foreign currency is 15 USD for each check. Penalty for non-payment of a check - 15 USD. Acceptance for collection of checks in euros and other currencies: Bank commission for checks - 2.5% of the face value of the check, min 15 euros from each check. The size of the minimum balance amount is determined depending on the currency of the demand account on which it is placed and the number of checks transferred for collection: for an account in US dollars - 30 USD for each check, for an account in euro - 30 EUR for each check. Penalty for non-payment of a check - 30.00 USD, 30.00 EUR.	?
Acceptance of registered bank checks for collection: St. Petersburg
Bank "Russia"	2% of the check. Account opening $100 (almost immediately you can withdraw everything), no collateral. Smolny, per.Kvarnegi, 4	1-3 weeks
Baltic Bank	$5 + $3 shaft. account (Flour, 2)	1 month
Petrovsky Bank	2%, but not less than $10. (Nevsky prospect, 26, Mikhailova st., 17)	3-4 weeks
Acceptance of registered bank checks for collection: Ufa
Bashcreditbank	Taking for collection: 0.15% of the amount, minimum $50. Postage: $5-10 by regular mail, $40-50 by DHL. Per issue: 2% of the amount, minimum $10	2-4 months; by DHL - 1-4 weeks.
BELARUS
Acceptance of registered bank checks for collection: Minsk
Prior Bank	4% of the amount (min. $10) + 5% tax	1.5 - 2 months
UKRAINE

Bank Aval (www.aval.ua)	1% of the amount when credited to the account, 2% of the amount (min $5)	When issuing cash 50 days
Privatbank (www.privatbank.ua)	3% of the amount, (min 20 UAH)	1.5 months
JSC "VABANK" (www.vabank.ua)	1 minute. 5 dollars USA. Cash withdrawal on checks accepted for collection 1%	?
WAT CB "NADRA" (www.nadra.com.ua)	Acceptance and processing of personal checks in USD for collection issued to banks in the USA and Canada: Amount over 3001 USD - 1.50% (min $50.00), Amount up to 3000 USD - 2.00% (min $2.00, max $50.00). Commission is charged in USD Acceptance and processing of personal checks in USD for collection issued to other banks: Amount over 3001 USD - 1.50% (min $50.0), Amount up to 3000 USD - 2.00% (min $2.00, max $50.00). Commission is charged in USD Acceptance and processing of personal checks in EUR for collection: Amount over 3001 EUR - 1.50% (min 50.00 EUR), Amount up to 3000 EUR - 2.00% (min 2.00 EUR, max 50.00 EUR). Commission is charged in EUR	?
JSC "UKRINBANK" (www.ukrinbank.com)	Acceptance for collection of personal checks: 2% of total checks, min USD 10.00	?
VAT "DERZHEKSIMBANK UKRAINE" (www.eximb.com)	2% of sums indicated in checks, min. 1 USD	?
TOV "FINANSI TA KREDIT" (www.fcbank.com.ua)	2%, min $5	?
JSCB "IMEXBANK" (www.imex.odessa.ua)	Payment of personal checks 2% (min $5)	?
JSC "INDEX-BANK" (www.indexbank.ua)	Acceptance and processing of personal checks for collection in USD, EUR and GBP: 2.00% of the amount, min 5 USD (charged when covering the check). When accepting personal checks for collection, a guarantee security in the amount of 20 (twenty) US dollars is placed, which is returned upon reimbursement of the amount on a personal check according to the NBU exchange rate on the day of the operation.	?
PRAVEX-BANK (www.pravex.com)	Personal and traveller's checks are accepted in the following currencies: USD, EUR, GBP, AUD, CAD, CHF, DKK, JPY, NOK, SEK. Payment in US dollars, Euros or in British pounds minus commissions of foreign banks and Pravex-Bank.	30-40 days
BANK "STOLYTSIA" (www.stolytsa.com.ua)	1.5% (min 10.00 USD)	?
VAT "KREDITPROMBANK" (www.kreditprombank.com)	Cash withdrawal by order, nominal and gift checks accepted on the terms of "collection": 3%, min 10 USD	?
First Ukrainian International Bank (www.fuib.com)	1% of check amount (min $30) + postage	?
Saving Bank	2% of the amount	2-4 weeks
Ukreximbank	3% of face value	?
Ukrsotsbank	5%, minimum $35	?
LATVIA
Acceptance of registered bank checks for collection: Kyiv
Hansabanka	For a check up to $200 - commission 5.00 Ls, for a check >$200 - commission 10.00 Ls. The commission is withdrawn at the moment the check cover is credited to the account.	21 day

A registered bank check is a non-issued security issued to a specific person, natural or legal entity abroad, and paid in foreign banks. The check must be printed. The inscriptions Void, Copy, ... are clearly visible on the photocopies.

The inscription on the check "void after 180 days" means that the check is invalid after 180 days. After six months have passed, cashing a check is extremely difficult. Although some banks carry out such a procedure for an additional fee.

The check must contain the following details:

Name "check" included in the text of the document Date, month, year and place of drawing up the check Name of the drawer (payer) Name of the check holder (recipient of funds) Name and location of the paying bank on the check Instruction to the payer to pay a certain amount of money, check currency code, check amount (in figures and words) A simple and unconditional offer to pay a certain amount Magnetic strip containing information about the number of the check, the code of the paying bank for the check, the account number of the check issuer The place where payment on the check is to be made Signature of the person who issued the check ) Payments by checks are one of the safest types of payments. If the check is drawn in your favor, then only you or the person in whose favor you make the endorsement can cash it. If a check is stolen from you, you can report it to the issuing bank; the check will be canceled and no one will receive money from it.

In addition to the commission of banks accepting checks for collection, the client must pay the bank a commission of foreign banks (if any). As a rule, you receive the amount to your account minus the commission of foreign banks.

Commission for the collection of a check can be charged both when the check is deposited for collection, and when funds are credited to the account.

It usually takes 10-20 days for a check to be mailed.

For operations in the direction of the collection of counterfeit or stolen checks, criminal liability is provided.

Sberbank of Russia temporarily(?) does not accept personal checks for collection.

In all developed countries, it takes several minutes to cash a check. At the same time, the commission is often much less than in Russian banks.

If you have friends or acquaintances in the US, you can cash checks through the bottom. Just write on the back "Pay to the order of Vasya Pupkin" and sign. Vasya Pupkin will be able to cash this check in an American bank for free.

What banks do you use to cash checks?