| Bank | Commission | Term |
| RUSSIA According to the current currency legislation of the Russian Federation, when submitting checks for collection in an amount exceeding US$ 5,000.00 or an equivalent amount in another currency, you will be required to submit documents to the bank justifying the transaction. |
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| Acceptance of registered bank checks for collection: Moscow | ||
| Citi-Bank (www.citibank.ru) | 30-90 days | |
| VTB | - | |
| Promsvyazbank | Does not accept checks for collection | - |
| Alfa Bank | Does not accept checks for collection | - |
| Uralsib | Does not accept checks for collection | - |
| Raiffeisen | Does not accept checks for collection | - |
| UniCredit Bank (Unicredit) | Does not accept checks for collection | - |
| Binbank | Does not accept checks for collection | - |
| Bank of Moscow (www.bm.ru) | Bank commission - 2% of the check amount, but not less than 350 rubles. Checks are accepted for collection in US dollars, euros, British pounds sterling. The commission is paid directly when the check is submitted for collection. In case of non-payment foreign bank The commission paid to the bank by check is not refunded. To submit a check for collection, you need to go to any branch of the Bank, having with you the check and an identification document. | ? |
| Acceptance of registered bank checks for collection: Rostov-on-Don | ||
| Citi-Bank (www.citibank.ru) | Bank commission on checks in US dollars - 1% of the check amount, min. - 25, max. - 300 US dollars For checks in euros - 1% of the check amount, min. - 20, max. - 220 euros. Carefully read the bank's terms of service! | 30-90 days |
| Center-invest | Does not accept checks for collection | - |
| Bank Zenith | Does not accept checks for collection | - |
| VneshTorgBank | Bank commission - 3%, but not less than $15 and not more than $300. The commission is paid when submitting a check for collection in rubles at the Central Bank exchange rate. Checks with denominations ranging from $25 to $5,000 are accepted for collection. For example, checks from German banks in euros and checks from Canadian banks in US dollars are accepted without problems. Opening an account is free. | 45 days |
| SberBank, Bin-Bank, Petrocommerce | Checks for collection are not accepted | - |
| Uniastrum | Bank commission - 1.5% of the check face value; min 10 - max 200 US dollars from each check. In EURO and other currencies: 1.5% of the check face value min 10 - max 200 euros per check. At the time of acceptance of checks for collection, only the minimum amount of commission is withheld in accordance with the Bank's tariffs (10 US dollars / euros). If the foreign bank does not pay the check, the commission paid to the bank is not returned to the client. For cashing received funds when issuing cash, 2% of the amount is charged. | ? |
| Rosbank | Bank commission - 2% of face value, min 30 US dollars | ? |
| RosEvroBank (SovKomBank) | Acceptance for collection of any registered bank checks in any currency. Bank commission - 2% of face value, min 30 US dollars | up to 3 weeks |
| Converse Bank | Commission is $5 if the check is less than $200, $20 if the check is more than $200. Return check $9.5. | 3 weeks |
| Promradtehbank | $9 per check, $7 if there is more than one check. The money is deposited into your account (opened for free). When withdrawing from the account + 2% of the amount. Myasnitskaya, 35, tel 207-91-57 | 2 - 3 weeks |
| Morskoy Bank (Morskoy Joint Stock Bank) | 0.15% of the amount, min $50, max $400; return of unpaid checks - $100 | ? |
| Bank Sofia | 0.15%, min $15. Return of an unpaid check - $20. Delivery by DHL mail at the expense of the recipient. Commission is charged upon receipt of money. | 2-4 weeks |
| Sudostroitelny Bank | 3%, minimum $50.00 | 2-4 weeks |
| Bank for Development and Reconstruction | $50 + 2.5% of the amount | ? |
| AB Russia | Acceptance of checks in US dollars for collection: Bank commission - 2% of the check face value; min 5 US dollars from each check. The amount of the minimum balance on the demand account in foreign currency- 15 USD for each check. The fine for non-payment of a check is 15 USD. Acceptance of checks in euros and other currencies for collection: Bank commission for checks - 2.5% of the check face value min. 15 euros per check. The amount of the minimum balance is determined depending on the currency of the demand account in which it is placed and the number of checks submitted for collection: for an account in US dollars - 30 USD for each check, for an account in Euros - 30 EUR for each check. The fine for non-payment of a check is 30.00 USD, 30.00 EUR. | ? |
| Acceptance of registered bank checks for collection: St. Petersburg | ||
| Bank "Russia" | 2% of the check. Opening an account for $100 (you can withdraw everything almost immediately), no deposits. Smolny, Kvarnegi lane, 4 | 1-3 weeks |
| Baltic Bank | $5 + $3 val. score (Muchnoy, 2) | 1 month |
| Petrovsky Bank | 2%, but not less than $10. (Nevsky pr., no. 26, Mikhailova st., no. 17) | 3-4 weeks |
| Acceptance of registered bank checks for collection: Ufa | ||
| Bashkreditbank | Collection fee: 0.15% of the amount, minimum $50. Postage: $5-10 - by regular mail, $40-50 - by DHL mail. For issuing: 2% of the amount, minimum $10 | 2-4 months; by DHL mail - 1-4 weeks. |
| BELARUS | ||
| Acceptance of registered bank checks for collection: Minsk | ||
| Prior Bank | 4% of the amount (min. $10) + 5% tax | 1.5 - 2 months. |
| UKRAINE | ||
| Bank Aval (www.aval.ua) | 1% of the amount when credited to the account, 2% of the amount (min $5) | When issued in cash 50 days |
| Privatbank (www.privatbank.ua) | 3% of the amount (min 20 UAH) | 1.5 months |
| AT "VABANK" (www.vabank.ua) | 1 min. 5 dollars USA. Cash withdrawal on checks accepted for collection 1% | ? |
| VAT KB "NADRA" (www.nadra.com.ua) | Acceptance and processing of personal checks in USD for collection, issued to banks in the USA and Canada: Amount over 3001 USD - 1.50% (min $50.00), Amount up to 3000 USD - 2.00% (min $2.00, max $50.00). Commission is charged in USD Acceptance and processing of personal checks in USD for collection, issued to other banks: Amount over 3001 USD - 1.50% (min $50.0), Amount up to 3000 USD - 2.00% (min $2.00, max $50.00). Commission is charged in USD Acceptance and processing of personal checks in EUR for collection: Amount over 3001 EUR - 1.50% (min 50.00 EUR), Amount up to 3000 EUR - 2.00% (min 2.00 EUR, max 50.00 EUR). Commission is charged in EUR | ? |
| JSC "UKRINBANK" (www.ukrinbank.com) | Acceptance of registered checks for collection: 2% of the amount of checks, min 10.00 US dollars | ? |
| VAT "DERZHEKSIMBANK UKRAINE" (www.eximb.com) | 2% of the amount indicated in checks, min. 1 USD | ? |
| LLC "FINANCE AND CREDIT" (www.fcbank.com.ua) | 2%, min $5 | ? |
| JSCB "IMEXBANK" (www.imex.odessa.ua) | Payment of registered checks 2% (min 5$) | ? |
| JSC "INDEX-BANK" (www.indexbank.ua) | Acceptance and processing of personal checks for collection in USD, EUR and GBP: 2.00% of the amount, min 5 USD (charged when paying cover on the check). When accepting personal checks for collection, a guarantee in the amount of 20 (twenty) US dollars is placed, which is returned upon reimbursement of the amount on the personal check according to the NBU exchange rate on the day of the operation. | ? |
| PRAVEX-BANK (www.pravex.com) | We accept personal and traveler's checks in the following currencies: USD, EUR, GBP, AUD, CAD, CHF, DKK, JPY, NOK, SEK. Payment in US dollars, Euros or British pounds minus commissions of foreign banks and Pravex-Bank. | 30-40 days |
| BANK "CAPITAL" (www.stolytsa.com.ua) | 1.5% (min 10.00 USD) | ? |
| VAT "KREDITPROMBANK" (www.kreditprombank.com) | Receipt of cash by order, registered and gift checks accepted on "collection" terms: 3%, min 10 USD | ? |
| First Ukrainian International Bank(www.fuib.com) | 1% of the check amount (min $30) + postage | ? |
| Oschadny Bank | 2% of the amount | 2-4 weeks |
| Ukreximbank | 3% of face value | ? |
| Ukrsotsbank | 5%, minimum $35 | ? |
| LATVIA | ||
| Acceptance of registered bank checks for collection: Kyiv | ||
| Hansabanka | For a check up to $200 - a commission of 5.00 Ls, for a check >$200 - a commission of 10.00 Ls. Commissions are withdrawn at the time the cover on the check is credited to the account. | 21 day |
A personal bank check is a non-issue security, issued to a specific person, individual or legal entity abroad, and paid in foreign banks. The check must be printed. The inscriptions Void, Copy,... are clearly visible on photocopies.
The inscription on the check "void after 180 days" means that the check is invalid after 180 days. After six months, it is extremely difficult to cash the check. Although some banks carry out this procedure for an additional commission.
The check must contain the following details:
- Name of the “check” included in the text of the document Date, month, year and place of drawing up of the check Name of the drawer (payer) Name of the check holder (recipient of funds) Name and location of the payer bank for the check Instruction to the payer to pay a certain amount of money, check currency code, check amount (in numbers and words) A simple and unconditional offer to pay a certain amount A magnetic strip containing information about the check number, the code of the payer bank for the check, the account number of the drawer The place where payment for the check should be made Signature of the person who issued the check (payer )
In addition to the commission of banks accepting checks for collection, the client must pay the bank a commission from foreign banks (if any). As a rule, you receive the amount in your account minus the commission of foreign banks.
A check collection fee may be charged both when the check is submitted for collection and when funds are received into the account.
It usually takes 10-20 days for a check to arrive in the mail.
There is criminal liability for operations involving the collection of counterfeit or stolen checks.
Sberbank of Russia temporarily(?) does not accept personal checks for collection.
In all developed countries It takes a few minutes to cash a check. Moreover, the commission is often much lower than in Russian banks.
If you have friends or acquaintances in the US, you can cash checks through them. Just write on the back “Pay to the order of Vasya Pupkin” and sign. Vasya Pupkin will be able to cash this check at an American bank for free.
What banks do you use to cash checks?
overheard in Anninsky district:
More than 230 tons of milk per day are now produced on farms and complexes in the Anninsky district
A check is a banking document confirming the account holder's desire to pay a certain amount of money to the bearer. In Western countries, it is one of the types of remuneration, and is also used, along with bank cards, to receive earnings for participation in affiliate and sponsorship programs. The check is sent by mail to the specified address, after which it must be cashed at one of the branches of the Bank of Russia.
But, sadly, practically none of the banks in Russia accept order checks from individuals. It is most likely much more profitable for banks to issue loans at exorbitant rates and fulfill settlement and cash services legal entities and individuals
affiliate program Google Adsense allows owners to monetize their web resources. But cashing a personal check in Russia is a serious problem. A year earlier, personal checks for collection were accepted by the bank VTB 24. By the way, with a hefty commission, but he accepted. In 2017, VTB24 Bank stopped accepting order checks from individuals for collection. Such financial giants of the country as Sberbank and Alfa-Bank. Promsvyazbank from November 10, 2014, it does not accept personal checks from foreign issuers for collection, Rosbank At the moment, it also does not process checks. Included, along with the above, in the top ten best banks in Russia, Post Bank and UniCredit Bank They also do not work with traveler's checks and checks for collection.
The only one who provides this service is Citibank. But he accepts for collection personal checks in foreign currency only from bank clients, that is, from those individuals who have their own personal account with this bank. Check cashing is carried out only at bank branches in Moscow and St. Petersburg, and with a good commission.
Possible risky way to obtain real money through services ePayService And eCoin. The main thing is to be confident that the letter with the check will not mysteriously disappear and will be delivered to the specified address.
With a check from Google, you can currently receive money earned from advertising through the post office using the system Rapida. Rapida is a payment system that makes it possible to receive AdSense payments around the world in cash through the system money transfers Rapida. At the post office this system is called Cyber Money. But if you have friends and acquaintances in the country where the check was issued, turn to them for help.
Does anyone know where and how to cash a check? foreign bank in Russia? My mother has probably had $500 worth of American money lying around for probably six months now, so I want to help her, why should it go to waste, maybe I’ll get some too.
Reader comments
Foreign checks are accepted “for collection” in banks such as VTB24, Citibank (this bank actually has roots in America, so they are more likely to be accepted) and the like. The speed of processing applications is really not that great - you will have to wait a month or even more.
In general, you need to go and find out for yourself - because there is also a situation when one bank branch provides such a service, but another refuses it.
In addition to banks, you can cash checks using online service ePayServices is payment system, which, along with other services, provides check cashing services for banks in the USA, Europe, Canada, Asia, Latin America in different currencies. The service is available to both citizens of Russia and Ukraine.
I would also like to add that cashing out is more profitable large sums than small ones. Banks have a certain percentage for cashing foreign checks, but not less than a certain amount. So, if you cash a check at the Ukrainian bank FUIB, you will be charged 1% of the amount, but not less than $30. That is, if you decide to cash a check for $30, in fact you don’t pay anything at all. In this case, it is better to cash the check at Privatbank. Yes, the percentage is higher there - 3%, but the minimum is 20 hryvnia, which is not so much when cashing out the same 30 dollars. But in PUMBA it is more profitable to cash out large amounts, starting from $3,000.
There was a problem cashing a check. We went to Germany and cashed there. So as not to lose money. Our interest rates when cashing checks are very high. IN international banks they are lower and the risk of loss is lower.
tat, that is, as I understand it, you made a special trip to Germany to cash the check? Apparently the amount must be large enough to decide on this. But if the amount is large, then the issue arises with customs. Didn't you spend a larger amount on travel and customs duties than the difference in amounts between cashing here and in Germany?
In the winter I wanted to cash a check from Google, but the idea turned out to be not an easy one. Yes, many banks take checks for cashing, but this process does not take one day, and sometimes even more than one month. I had to cash out through a Kyiv company specializing in this. Naturally I lost a percentage.
Checks from Google, namely Adsense, can now be cashed in Privatbank. You can transfer funds to your card via Privat24. I recently received an email about this.
This came to me too. I went to find out, or somewhere in the very lair of the beast. Office of PrivatBank in Dnepropetrovsk. Nobody has any idea how to do it there. Most employees have never seen a check and have no idea what it should look like. You leave him. They study it there for at least 2 weeks and only then enroll. And knowing the efficiency of Privat, it could take six months.
Sultan, So wait. You leave the receipt itself or a copy of it. It’s just that the check itself should never be left behind. Knowing firsthand how documents are handled at PrivatBank. You can safely say that he will get lost somewhere and then you will not prove anything.
Astelik, Honestly, I don’t remember what was needed there - either the original check, or its copy. And then provide the original when cashing out. But then I gave up on this matter. There is a company in Kyiv that does this, they do everything very quickly, although they also charge a percentage.
I didn’t know that you can cash a check here too foreign bank)) It’s good that banks provide such a service, I think it has been and will be useful to many people in the future! In general, banks provide a lot of services to their clients and, of course, charge good fees for it.
I myself have never encountered the cashing of foreign checks in our banks. But many friends say that it is not necessary to contact banks for this; there are some special online services.
In Western countries, including America, such bank document, like a check, is a type of payment labor activity, which is used along with payment cards in order to receive your wages for, for example, participation in foreign partnership or sponsorship programs. The document is sent by mail to a person living in Russian Federation, and in order for him to get his money, he should find out how to cash an American check in Russia.
Is it possible to cash an American check in Russia?
It is necessary to immediately take into account the fact that it is not possible to cash any foreign, including American, check in the Russian Federation in every, even large Russian banking institution located in a big city such as Moscow, Kazan, St. Petersburg, etc. .d. Sometimes employees of call centers of such banks do not even have an idea about what operations can be carried out with such a payment document.
The procedure for cashing a personal check has its own name - “collection of a personal check from a foreign banking organization" This is a rather expensive service, since the bank charges the client certain commissions and guarantee fees.
The presence of such difficulties can be explained by the fact that such a service is popular among people conducting any kind of work activity abroad or working in Russia, Belarus, Ukraine, Kazakhstan, etc., but in a foreign company.
Typically, the cost of cashing an American check includes the following items:
- bank commission for collection (about 2% of the total amount);
- foreign bank commission (sometimes paid, sometimes not);
- other costs of a bank located in the Russian Federation.
If we make the necessary calculations, it turns out that total amount the commission that the bank takes for cashing a check is about 7% of all money.
In addition, the domestic bank, in order to cover its own costs, may take a deposit from the owner of the check in order to protect itself in a situation if the foreign organization refuses to satisfy the request.
This procedure, as a rule, lasts about sixty days from the moment of execution of an agreement on the provision of services with a bank in the Russian Federation. It is necessary to remember about the validity period of the payment document, because if it expires, it will be almost impossible to receive money. Banks will not accept a check for collection if it expires in thirty days.
In order to control the origin of money, a Russian bank may request a document confirming the legality of the source of profit. This can be provided by the check drawer.
What should a check document look like?
In order for a Russian financial institution to agree to process a check document issued in the United States, it must contain all required details, provided for by law RF:
- the paper must contain the word “check”;
- sum of money written in both numbers and letters;
- the currency must be named both briefly and in full;
- information about the payer is required along with specified number the bank account from which the amount of money was transferred;
- day of drawing up the document;
- designer's signature.
If the check is missing at least one of the elements described above, the bank may refuse to work with the client.
Types of checks and methods of cashing them
There are two types of checks: cash and settlement. The first ones are needed in order to pay cash to the person who presents the document.
Settlement cards are necessary for making non-cash payments in order to transfer a certain amount written in the paper to the account of its bearer.
In the case of American checks, collection operations are often carried out according to a covered scheme, i.e. money is paid to the bearer of the check only if it is in the payer's account.
Depending on who the recipient is, the following types of checks can be distinguished:
- registered, which must be issued in the name of a specific person who is the bearer of a personal check from America;
- an order transferred in favor of a specific recipient with the right to transfer to a third party. A note to this effect is placed on the back of the check;
- A bearer card can be cashed by any person who comes with it to a banking organization.
To ensure that Russian bank employees do not have unnecessary questions when transferring funds to the bearer of a check, they should use personalized documents that make it possible to receive money without presenting additional documents.
Cashing method
There is a specific cashing method suitable for each of the types of checks described above.
You can receive money from a payment document in almost many domestic banks, but to do this you should first learn more about the conditions for the procedure, which may differ in different organizations, mainly in the amount of interest for the services provided.
It is most profitable to process checks with large amounts, since the bank charges mandatory percentage, the amount of which cannot be less than the permissible minimum norm.
You need to understand that you won’t be able to get money right away, since the whole process takes place in several steps:
- receipt of a check at the bank;
- processing of information transmitted to the organization;
- sending by a foreign bank the amount required to the bearer of the check;
- last to receive money.
Having received the check in your hands, you should take into account that any transactions with it can only be carried out within the next six months, after which it will no longer be possible to cash the document.
Review of Check Cashing Companies
It must be said that the conditions for the provision of such a service change frequently, but, nevertheless, they do not lose their benefits.
You can carry out collection within the borders of the Russian Federation without being present in person and without leaving your home, simply by using an online bank, for example, if the bearer is a client of Sberbank. The procedure is carried out only if you provide information in special sections of the application form.
In addition, you may need a photo of the receipt itself.
Collection services are also provided by such organizations as Alfa-Bank and Impexbank.
If the amount on the check is in dollars or euros, it is better to use a payment system called EPayService, which serves American, Canadian, European and Asian clients.
How does the procedure work?
Although in most domestic financial organizations You can easily cash an American check; collection is not the most popular service.
You should choose a place where they will be provided cash, with all responsibility, stop at the most favorable conditions, for example, at the lowest percentage of the money received in hand.
Collection is carried out by the bank employee and the person presenting the check, and includes the following steps:
- Choice the desired bank in the Russian Federation.
- Drawing up an application for the provision of money (2 copies - one remains with the client with the registration number and the day the document was considered).
- Opening a bank account in the currency in which money will be withdrawn.
- Payment of commission for the service.
- Registration of an inscription on the transfer of funds.
- After all checks, you receive money into your account.
Important! Before giving the check to a bank employee, it is better to make a photocopy of it. It is better to do the same with the receipt in order to avoid troubles that may arise if the document is lost or damaged.
What difficulties might you encounter?
Cashing a check from a foreign bank using collection is possible only in situations where there is a reliable and trusting relationship between the parties to the transaction.
The main disadvantage is the long period of time required to verify the payment, confirm it and make the payment. It slows down entrepreneurial activity Moreover, there is no guarantee of receiving funds.
Collection – time-consuming financial transaction, therefore, in some cases, when working with foreigners, it is better to use international payment systems.
If this is not an option, you can say that the wait when cashing a check at the bank is justified.