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USD checks in INDIA?

Discussion in 'Making Money' started by sargun, Oct 16, 2013.

  1. sargun

    sargun Junior Member

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    Hi, i have signed up for crackrevenue and i made my 100$s so i can now request these payment by USD checks? can i cash these checks in my local bank? What are the fees? I am from INDIA

    just one more question- is there any indian who receives checks from crackrevenue? How much time does the check takes to arrive?
     
  2. sargun

    sargun Junior Member

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    can anybody help me out here?
     
  3. Gogol

    Gogol Elite Member

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    Most of the banks support that ( and encourage that as well). I have cashed US cheques from Axis bank, ICICI bank, HDFC bank etc. But the branch needs to have Forex dept to be able to cash that. It takes 20-25 days for the money to reach your account so be patient.
     
  4. TheIllestBrew

    TheIllestBrew Registered Member

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    Just be careful with your cheques getting "lost" in the mail.
     
  5. divok

    divok Senior Member

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    I used to submit checks to my SBI branch , after 3-4 months the branch manager called me and told to use another bank as my checks were a hassle for them.
    Since then ICICI has been very smooth. I have had no problem with them. Just check for the nearest "foreign currency branch" on their website.
    never used crackrevenue .
     
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  6. sargun

    sargun Junior Member

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    So will it be better to create a paxum account and get the payment via paxum?? but i think paxum will also send usd checks only, wiring is quite expensive. Why do people not use paypal, paypal is so easy. :(
     
  7. ritesh

    ritesh Senior Member

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    Took me 2 months to clear adsense check in USD using ICICI bank. It was worth the wait though encashed the check when dollar hit the highest point luckliy :)
     
  8. gokulvikas

    gokulvikas Junior Member

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    Hi,

    It's better to prefer Lakshmi Vilas Bank. Their processing time is very less. They cash in 7 working days. I had a problem with HDFC and ICICI for clearing.
     
  9. SocialMediaManager

    SocialMediaManager Elite Member

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    it will take 30-45 days for check to clear and most banks take 10-15$ for foreign check clearing
     
  10. howard_hughes

    howard_hughes Elite Member

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    what? hardly takes 5-6 days for me
     
  11. ritesh

    ritesh Senior Member

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    5-6 days? which bank? You sure the checks were in USD?
     
  12. sargun

    sargun Junior Member

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    i have no worries about the time. even if it takes 2 months. But i have a bank account in my local Canara bank, can i deposit the cheque there? will it be cleared?

    I am thinking i should wait a month and get 500$ and then do a wired payout, that would be easier then cheque right?
     
  13. FutureProofSeo

    FutureProofSeo Jr. VIP Jr. VIP Premium Member UnGagged Attendee

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    On behalf of Her Majesty the Queen and the whole of Great Britain:

    *cheque

    :turtle:
     
  14. sargun

    sargun Junior Member

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    we know,but they both sound the same so we use either word :cool:
     
  15. Gogol

    Gogol Elite Member

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    LOL typical govt bank attitude i must say. Axis bank guys were rather pleased to see me submitting a USD cheque because it would bring them some money for the exchange ( or something similar..not sure). The guy even said " please use our branch for these cheques in future". Since then I have used their service only. Govt banks suck......
     
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  16. Gogol

    Gogol Elite Member

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    Only if your branch has Forex dept. Wired payment takes 4-5 days so yeah, a lot of time saved..
     
  17. innocent_kid

    innocent_kid Power Member

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    well yes u can change
    but
    it will take lots of time to cash
     
  18. Gogol

    Gogol Elite Member

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    Wow what bank do you use? It used to take more than 20 days for me too (I don't receive by cheque anymore. Wire payment is much better).
     
  19. Gogol

    Gogol Elite Member

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    In that case use cheque only. Not sure how much your bank will charge for the clearance, but Axis bank doesn't charge too much atall. Go with them if you like..
     
  20. samlocalguy

    samlocalguy Registered Member

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    I never got a problem with SBI and ICICI since 2002