09 Dec 2016

A question about : Charges for Euro cheque paind into UK bank account

I recently paid a Euro cheque on a Paris bank into my UK bank account. The cheque was for Euro 401.18 which was equivalent to Ј320.00 at the time of deposit. I have today received the credit to my bank account for amount Ј250.18 which shows a charge of Ј70.- to change the cheque to sterling. I will also be charged by my bank for the conversion at Ј7.00. Does this sound like the normal charge for a cheque deposit? The exchange rate for the Euro is the same as when I deposited the cheque. Welcome any comments.

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