Posted by Wendy on June 26, 19100 at 08:14:18:
In Reply to: International payments posted by Wendy on June 07, 19100 at 10:10:02:
: I am based in the Netherlands - Europe. I recently did some work for a company in the US. I requested them to transfer the payment to a dollar account in the Netherlands. Instead they sent me a dollar check from the First Bank. My bank are charging me anything from $10 to $35 to deposit this check and in additiont they inform me that first Bank will also charge up to $100 for costs - this on a check for $400. I took the check back and am investigating alternatives. Does anyone have any suggestions?
as a follow up to the above:
One of the problems with dollar accounts in the Netherlands is that you can only use them by transferring the money into Guilders or transferring it to an account in the US. This is on agreement between all Dutch banks. I have now solved the problem by opening an account with an American bank (Citibank) in Belgium. They are much more flexible in access to the money and it is only an hours drive for me to get there, not a transatlantic flight.
