From: "Tumbleweed"
Newsgroups: uk.finance
Subject: Re: Banking US dollar dividends
Date: Wed, 11 Aug 2004 18:26:11 +0100
define 'smallish'
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Tumbleweed
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"Hugh Eagle" wrote in message
news:fcc0fa80.0408110553.1d26c3ed@posting.google.com...
> Can anyone please advise what is the best way for someone in the UK to
> deal with a smallish US dollar cheque drawn on a New York bank?
>
> I have seen it suggested somewhere that Citibank might be able to
> help. It appears that it might be possible to open a US dollar savings
> account and a GB pound current account, to pay the USD cheque into the
> savings account, to have the dollars converted into sterling and
> credited to the current account and then to withdraw money from that,
> all without charges. Can this really be true? Is there a more
> straightforward way?
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