about a sad actor who has found it impossible to lodge cheques made out in US dollars and sent to him from US television and film studios because the cheques were deemed to be too small by his Irish bank.
“He could sign the back of them endorsing them over to a third-party US-based person,” wrote Owen McDonagh. “He may know someone trusted in the US, a friend or an agent.” Niall Duffy had a similar idea. “Depending on how much in aggregate they are, could the person fly to the US one or two times a year to cash them in at a bank? Appreciate that they would need to aggregate to over $500 for one trip, but could be a nice holiday as well.”
“The actor concerned could potentially ask the film company to send him one annual cheque – which could then be processed and he’d only be charged once. Where possible we continue to recommend customers receive foreign payments electronically, as it is quicker, easier and often cheaper.
Another reader suggested: “Why doesn’t your actor friend do an email shot to everyone with the same name as him in the US and explain his situation – I’m sure they’d be happy to help.” . We also heard from the currency exchange company Fexco who told us it has a relationship with credit unions that sees it buy cheques through the credit unions. The actor had tried this avenue but with no success.
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Source: IrishTimes - 🏆 3. / 98 Read more »