FlyerTalk Forums - View Single Post - OT: Problem Depositing Bank Draft in Hong Kong
Old May 18, 2006 | 11:48 am
  #9  
tfung
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While I have never deposited a canadian dollar bankdraft, I had before deposited US dollar checks and bank drafts at HSBC. The fee they charged was pretty high, around HK$300 per check/draft and took like at least 2 weeks to clear. The amount was credited in US dollars into my account, and then I had to have it converted back in HK$. I think it helped that I had a US dollar account with HSBC, so perhaps your friend would need to open a canadian dollar account before they would let her deposit the draft. Also, it may help if your friend got a HK ID card first, as I am sure there are all sorts of bureaucracy hurdles you have to go through to open any bank account without one.
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