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Old Sep 8, 16, 10:09 am
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Join Date: Nov 2004
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Originally Posted by MSPeconomist View Post
This depends on whether you're a customer of a (federally chartered) full service commercial bank, although even the smaller ones don't deal enough in foreign currencies to have their own systems to handle it, so there can be delays and high costs. If you maintain your account with a state bank, a savings bank, a savings and loan association, a credit union, or money market with checks or brokerage accounts, chances are than they will refuse to handle a check in foreign currency.
That may be true. Another option might be to use an account at a wire house (if you have one). Many will process FX checks.
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