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Old 01-24-2006, 06:37 AM   #1
gangbangjoe
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german webmasters what does your bank charge you for cashing in checks

i think i should really change my bank because they charge me 14euros for a 400 dollar check.



what do you pay
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Old 01-24-2006, 06:47 AM   #2
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I also pay 14 when cashing checks at my main bank but it doesn't matter how many, it is still 14 euros.

A few years ago there was something at American Express Bank called "Waehrungszuwachskonto" where you could cash $ checks for free.

Don't know if this is still around though...
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Old 01-24-2006, 07:15 AM   #3
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Quote:
Originally Posted by PatrickM
I also pay 14 when cashing checks at my main bank but it doesn't matter how many, it is still 14 euros.

A few years ago there was something at American Express Bank called "Waehrungszuwachskonto" where you could cash $ checks for free.

Don't know if this is still around though...

maybe i should check this out
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Old 01-24-2006, 07:31 AM   #4
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I think it is like 10 - 15 EUR.
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Old 01-24-2006, 08:18 AM   #5
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Wirklich schlimm ist allerdings die Tendenz des EUR/USD Kurses
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Old 01-24-2006, 08:18 AM   #6
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11 Euros at Sparkasse
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Old 01-24-2006, 08:22 AM   #7
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Quote:
Originally Posted by tradermcduck
Wirklich schlimm ist allerdings die Tendenz des EUR/USD Kurses


da rege ich mich gar nicht mehr drüber auf


350 dollar - Umrechnung - Scheckgebühren = 280 euro






@ vanessa : why do i pay 3 euros more then you ?

admit it, you flirt with the male employes
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Old 01-24-2006, 08:24 AM   #8
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i´m not sure, but i think it´s something around 5-7 euro. can´t check right now, as i´m not at home...
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Old 01-24-2006, 08:35 AM   #9
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Quote:
Originally Posted by gangbangjoe
da rege ich mich gar nicht mehr drüber auf


350 dollar - Umrechnung - Scheckgebühren = 280 euro






@ vanessa : why do i pay 3 euros more then you ?

admit it, you flirt with the male employes
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Old 01-24-2006, 08:36 AM   #10
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Dresdner Bank = 20 Euro.
Shit.
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Old 01-24-2006, 08:38 AM   #11
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Quote:
Originally Posted by ichauch
Dresdner Bank = 20 Euro.
Shit.

wtf ??


for every check or is it procentual of how big the check is
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Old 01-24-2006, 08:38 AM   #12
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Quote:
Originally Posted by PatrickM
A few years ago there was something at American Express Bank called "Waehrungszuwachskonto"
Not to offend anyone, just a curious question....
why are so many german words so damn long?
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Old 01-24-2006, 08:41 AM   #13
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Originally Posted by MikeSmoke
Not to offend anyone, just a curious question....
why are so many german words so damn long?

lol you haven't heard "schifffahrtskapitänsmützenaufschrift" yet
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Old 01-24-2006, 08:43 AM   #14
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lol you haven't heard "schifffahrtskapitänsmützenaufschrift" yet
and trust me, i don't want to
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Old 01-24-2006, 08:45 AM   #15
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12.50EUR at Hypovereinsbank. But it's for up to 20 checks I think, so I always wait until I have multiples of 20 and then make that whore at the bank deposit them all at once!
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Old 01-24-2006, 08:45 AM   #16
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great gifts
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Old 01-24-2006, 08:56 AM   #17
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Originally Posted by ktj4l
12.50EUR at Hypovereinsbank. But it's for up to 20 checks I think, so I always wait until I have multiples of 20 and then make that whore at the bank deposit them all at once!
Wow, 20! I can only deposit multiples of 5 checks...
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Old 01-24-2006, 08:59 AM   #18
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Quote:
Originally Posted by ktj4l
12.50EUR at Hypovereinsbank. But it's for up to 20 checks I think, so I always wait until I have multiples of 20 and then make that whore at the bank deposit them all at once!

you get 20 checks in 90 days ?


or don't your checks expire after 90 days?
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Last edited by gangbangjoe; 01-24-2006 at 09:00 AM..
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Old 01-24-2006, 09:04 AM   #19
tradermcduck
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Quote:
Originally Posted by gangbangjoe
you get 20 checks in 90 days ?


or don't your checks expire after 90 days?

I am getting at least 5 per week, however most of them are in the 300-500range
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Old 01-24-2006, 09:13 AM   #20
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that are about the same prices as in the Netherlands
I have found much better ways during the years though
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Old 01-24-2006, 09:13 AM   #21
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I know you said German webmaster only but let me throw my 2c, get most of your payments by eppasporte, I think it's the cheapest option no matter where you live, they charge me something like $2.50 (stand to be corrected) for every ATM withdrawal which is pretty cheap

oh, and just to rub it in, I pay only about $5.00 per check ;)
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Old 01-24-2006, 09:37 AM   #22
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Originally Posted by FreeOnes
that are about the same prices as in the Netherlands
I have found much better ways during the years though

Enlighten Us ;-)

I am really interested ... wires are quite expensive too, epassporte?

By the way do you use financial instruments to hedge the currency risk?
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Old 01-28-2006, 12:31 PM   #23
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Quote:
Originally Posted by ichauch
Dresdner Bank = 20 Euro.
Shit.
Quote:
Originally Posted by gangbangjoe
wtf ??
for every check or is it procentual of how big the check is
It starts at 19.95 Euro minimum, above that it's procentual.
Don't know if it is for each check, though.
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Old 01-28-2006, 12:47 PM   #24
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holy shit... and i thought the $3 that i'm paying was a lot...
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Old 01-28-2006, 12:48 PM   #25
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holy shit... and i thought the $3 that i'm paying was a lot...

yeah it really sucks....
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Old 01-30-2006, 10:14 AM   #26
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Quote:
Originally Posted by tradermcduck
Enlighten Us ;-)

I am really interested ... wires are quite expensive too, epassporte?

By the way do you use financial instruments to hedge the currency risk?
One of them is open a US account.

You can simply hedge your currency risk these days. For example with the US$/Euro fixed deposit. Or with Turbos of ABN-AMRO Bank or Speeders of the Commerce Bank. However so far I have never used them. Predicting exchange rates is really impossible. You always do it wrong. Therefore you will be better of after 10 years without doing anything in my view. (Remember all the analysts whom said that the dollar would fall against the euro, instead it did raise 14% in 2005)
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Old 01-30-2006, 11:12 AM   #27
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I think it's like 15 euro at Sparkasse.. those fuckers..

If I cash more than one check at a time it's still 15 euro though
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Old 01-30-2006, 11:24 AM   #28
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Quote:
Originally Posted by gangbangjoe
i think i should really change my bank because they charge me 14euros for a 400 dollar check.



what do you pay
can you open a citibank account in germany? there's no fees with citibank for USD checks
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Old 01-30-2006, 11:48 AM   #29
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Bei unserer volksbank in Deutschland wurden auch ca. 15 Euros einbehalten. In der Schweiz waren es umgerechnet 9 Euro.

Quote:
can you open a citibank account in germany? there's no fees with citibank for USD checks
Are you sure ? I don´t think that they would charge you nothing......it wouldn´t fit in the german system :D
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Old 01-30-2006, 12:02 PM   #30
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Thats alot..
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