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[Dusty]

I've  not posted  on the forum lately. Sadly my mother died on Christmas day 2010, aged 79. I've had other, more pressing matters to deal with of late. 

Anyway, I thought I would pick your brains with a question. You've come up trumps many times before, and even helped with a central heating problem. 

My question: Does anyone know the best place to pay in  U.S dollars?. At the moment I receive a royalty cheque paid in  U.S dollars every three months. This is paid directly into my Paypal account. They take the considerable amount of 5% for  themselves..... :-/

Would it be better to pay a U.S dollar cheque directly into a British  bank account? I know they take  their cut too, but hopefully I can get a better deal than 5%, which seem excessive to me. This is a sizeable chunk of money.

 I thank you in advance for your help.

Dusty
 

[Dishevelled Den]

Lovely to see you on again Dusty 8-) - Plomien may be of assistance to you as I believe he works for/in a bank.

http://www.omegaowners.com/forum/YaBB.pl?action=viewprofile;username=063A393B3F3338560

[Plomien]

getting it paid into your bank is the best way. You could open a USD account but there is normally charges for it.
If you give them your Swift/BIC code and IBAN number then it will pay straight to your existing bank account. its normally on your bank statement

[Gaffers]

You can pay it into my wife's US account. We'll only charge you 3% 

[Dusty]

Thanks, for your replies 

I've only the choice of cheque or Paypal so I guess cheque is my best option. 

[hotel21]

Not sure if you can cash a cheque in dollars into a uk sterling account though. Take care and check before requesting. 

[Plomien]

Not sure if you can cash a cheque in dollars into a uk sterling account though. Take care and check before requesting. 

You can but it can take a couple of weeks to process but open a USD account and problem sorted