Deposit USA check in local bank?



ORIGINAL POST
Posted by Yardie 14 yrs ago
Depends onthe amount and how long you've had an A/C with the bank here - sometimes they will 'buy it' immediately, other times it can take a couple of weeks to clear.


They will also charge you a 'handling fee' of about HK$50 to process it but check the exact amount first.

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COMMENTS
mochifan 14 yrs ago
I tried depositing a US cash check at HSBC. They said I'll be charged a high fee (don't remember how much but it was high), it'll take 6 months to clear, and the US bank may post a fee too.


It was such a hassle. To get my money sooner, I mailed my check to my sister in the US to deposit into my US acct and had the money wired to my local bank acct. This process took about a week.

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