Not all Telephone Banking services are available 24 hours a day, seven days a week. To get help or ask questions about the standard exchange rates, you can visit one of our branches or call us on 03. When we receive payment, we’ll convert it into pounds using our standard exchange rate for this payment. We send the cheque to them and we may use an agent to do this. The time this takes can vary depending on the paying bank or its country. Negotiating: We'll usually pay the money into your account by the sixth working day after we receive it. We’ll convert it into pounds using our standard exchange rate for this payment.Ĭollecting: We'll pay the money into your account when we receive payment from the paying bank. Negotiating or collecting a cheque - what's the difference? We may not be able to accept cheques in all foreign currencies. We analyze seven providers that work in the U.S., focusing on major players in the international money transfer industry, based on market research, experts, cost analysis and U.S. If we can’t do that or you ask us, we can “collect” it. We generally try to “negotiate” a cheque. Make international payments 24/7 in online banking, whether its going to an HSBC account or another bank. Send funds to family and friends, manage a property and more. If you want to pay in a foreign currency cheque, sign your name on the back of the cheque and call in to branch. Our secure service makes it easy to send and receive international wire transfers 1 in multiple currencies using your eligible 2 accounts.
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