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.

:mad:

what do you pay

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

I think it is like 10 - 15 EUR. :)

Wirklich schlimm ist allerdings die Tendenz des EUR/USD Kurses :mad:

11 Euros at Sparkasse:2 cents:

da rege ich mich gar nicht mehr drüber auf


350 dollar - Umrechnung - Scheckgebühren = 280 euro

:disgust




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

admit it, you flirt with the male employes :winkwink:

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...

:1orglaugh

Dresdner Bank = 20 Euro.
Shit.

wtf ??


for every check or is it procentual of how big the check is

Not to offend anyone, just a curious question....
why are so many german words so damn long? :1orglaugh

lol you haven't heard "schifffahrtskapitänsmützenaufschrift" yet :1orglaugh

and trust me, i don't want to :helpme

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!

great gifts

Wow, 20! I can only deposit multiples of 5 checks...

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 :(

that are about the same prices as in the Netherlands
I have found much better ways during the years though :)

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 ;)

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?

It starts at 19.95 Euro minimum, above that it's procentual.
Don't know if it is for each check, though.

holy shit... and i thought the $3 that i'm paying was a lot...

yeah it really sucks.... :disgust

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)

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

can you open a citibank account in germany? there's no fees with citibank for USD checks

Bei unserer volksbank in Deutschland wurden auch ca. 15 Euros einbehalten. In der Schweiz waren es umgerechnet 9 Euro.

Are you sure ? I don´t think that they would charge you nothing......it wouldn´t fit in the german system :D

Thats alot..