paying canadian cheque into UK sterling account?
#1
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Location: Guelph, Ontario
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paying canadian cheque into UK sterling account?
hi,
I recently found a canadian cheque for a significant amount in my pile of important documents . i no longer have a canadian bank account and live in the UK. The cheque is dated May 2008. Is it possible to pay the cheque into my regular UK account?
if not, what are my options?
thanks
I recently found a canadian cheque for a significant amount in my pile of important documents . i no longer have a canadian bank account and live in the UK. The cheque is dated May 2008. Is it possible to pay the cheque into my regular UK account?
if not, what are my options?
thanks
#2
Re: paying canadian cheque into UK sterling account?
hi,
I recently found a canadian cheque for a significant amount in my pile of important documents . i no longer have a canadian bank account and live in the UK. The cheque is dated May 2008. Is it possible to pay the cheque into my regular UK account?
if not, what are my options?
thanks
I recently found a canadian cheque for a significant amount in my pile of important documents . i no longer have a canadian bank account and live in the UK. The cheque is dated May 2008. Is it possible to pay the cheque into my regular UK account?
if not, what are my options?
thanks
#3
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Joined: Oct 2008
Location: the GTA
Posts: 3,824
Re: paying canadian cheque into UK sterling account?
hi,
I recently found a canadian cheque for a significant amount in my pile of important documents . i no longer have a canadian bank account and live in the UK. The cheque is dated May 2008. Is it possible to pay the cheque into my regular UK account?
if not, what are my options?
thanks
I recently found a canadian cheque for a significant amount in my pile of important documents . i no longer have a canadian bank account and live in the UK. The cheque is dated May 2008. Is it possible to pay the cheque into my regular UK account?
if not, what are my options?
thanks
#4
Re: paying canadian cheque into UK sterling account?
hi,
I recently found a canadian cheque for a significant amount in my pile of important documents . i no longer have a canadian bank account and live in the UK. The cheque is dated May 2008. Is it possible to pay the cheque into my regular UK account?
if not, what are my options?
thanks
I recently found a canadian cheque for a significant amount in my pile of important documents . i no longer have a canadian bank account and live in the UK. The cheque is dated May 2008. Is it possible to pay the cheque into my regular UK account?
if not, what are my options?
thanks
I paid a canadian cheque into my uk bank account a couple of months ago - Yorkshire Bank current account. There was no problem but they charged me for the privilege and there was a bit more hassle than usual. My account is a joint account and when my husband tried to deposit it in the bank he had to get me to sign something before it could be deposited. I think it cost about£30 or thereabouts. (sorry i can't remember the exact figure)
Hope this helps....
#5
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Re: paying canadian cheque into UK sterling account?
i'll try and get the cheque re-issued. Do you know whether it is possible for my canadian boyfriend to add me to his bank account even though i do not currently have residency?
i have canadian taxes to pay so it would be useful to keep this money in canadian dollars rather than switch it back and forth
cheers
#6
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Re: paying canadian cheque into UK sterling account?
You can get around not having a Canadian bank account, provided you have complete trust in your boyfriend. When you receive the replacement item just endorse it over to your boyfriend who can then deposit it to his bank account. If you have Canadian taxes to pay he can purchase a money order/draft payable to Revenue Canada for you. Any amount remaining can stay there or he can purchase a sterling draft/money order and send it to you.
#7
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Joined: Oct 2008
Location: Guelph, Ontario
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Re: paying canadian cheque into UK sterling account?
You can get around not having a Canadian bank account, provided you have complete trust in your boyfriend. When you receive the replacement item just endorse it over to your boyfriend who can then deposit it to his bank account. If you have Canadian taxes to pay he can purchase a money order/draft payable to Revenue Canada for you. Any amount remaining can stay there or he can purchase a sterling draft/money order and send it to you.
#8
Re: paying canadian cheque into UK sterling account?
I had an account with the Royal Bank for 3 1/2 years before I got my residency. They weren't bothered about that at all.
#9
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Re: paying canadian cheque into UK sterling account?
You could open an account in Canada under non-resident status. There would be a 15% N/R withholding tax on interest paid, but given the near zero interest rates these days that wouldn't amount to a hill of beans.