Hi everyone,
Can anyone point me in the right direction to minimise fees on cashing a foriegn cheque.
It is a cheque written in my name and the account I put it in needs to be in my name, Westpac have offered me a terrible rate and a transaction fee also.
Any ideas on how I can easily get a better rate/ less cost?
Cheers
If you can be bothered, open a Citibank Plus transaction account. Free to cash foreign cheques, just need to mail it in to them, and their exchange rates would definitely be better than westpac
That's what I use to cash in my US dividend cheques