Receipt of money by check of a foreign bank. In which bank can I cash a check of a foreign company (hand it over for collection)? No more. Cashing a personal check

In Russia, checks have not gained such popularity as in the US and Europe. Nevertheless, they exist, and they can be used for mutual settlements.

A “check” is a written order from a bank customer to issue a certain amount of money. to an individual in whose name the check is being issued. If no name is given, the amount is paid to the holder of the check.

A "bank check" can also be understood as a certificate that gives the holder the right to purchase a security under certain conditions. The specific price of the security and the validity period of the check are prescribed. In fact, this is an addition to a security, drawn up on behalf of joint-stock company in the name of the check holder.

Types of bank checks

There are checks:

Settlement or crossed (for transfers from account to account);
Cash (giving the right to pay cash at the bank's cash desk).

Private checks can be:

Nominal (issued to a specific person and used only by those whose name is indicated in the document);
Order (issued to a specific person, but can be cashed by any person);
To the bearer (the name is not indicated, anyone can cash a check).

Filling out a bank check

It is not enough just to write out an order on any paper. A special form is required, which can be obtained from the bank. This form indicates:

Passport details of the person who issues the check;
Bank details (first of all, an account);
The amount that the bank must transfer to the holder of the check, and the timing;
Recipient's passport details, if applicable.

Be sure to sign. Fill out the check with a ballpoint pen. Information cannot be edited.

Use of bank checks

bank checks to securities used as an additional means of attracting shareholders. They are issued if it is necessary to sell shares or bonds of an open joint-stock company.

Private checks are used as a means of payment between individuals or legal entities. They allow you to simplify the procedure for paying for work without cash. Money. However, they lose relevance with the advent of additional services, simplifying the work with plastic and accounts.

Abroad, checks are still in demand, in Russia they are most often used for mutual settlements between legal entities.

How to fill out a bank check?

The check must be filled out carefully. Each form is on the account, as it is issued by the bank. It may not be copied or printed for later use. Unused checks are returned to the bank.

You can only use a ballpoint pen (we recommend using one paste, the opposite may cause suspicion). After filling out the check, you must sign and seal, if any.

It is impossible to make corrections, to cross out something. This eliminates the possibility of cashing out. Before filling out the check, you need to double-check all the data indicated in the form. If anything disagrees with reality, the check will be invalid.

Cash a bank check

You can only cash out a bank check. Settlement (crossed) give the right only to transfer funds from account to account. In this case, you have the right to withdraw money from your account.

It is problematic to cash checks in Russia if the drawer's account is in a foreign bank. You can do this through collection. The commission is 3% (in particular, at Sberbank), and the entire operation takes about two months. If you are going abroad, it will be easier to cash a check.

You can also open a correspondent account and transfer funds to it. It will take no more than a month, but keep in mind that account maintenance will be expensive, and you will not save on interest.

Validity of a bank check

Try to cash your check as soon as possible, as it has a limited expiration date. In Russia, this is usually 10 days from the date of issue of the check. Please note that within this period you must submit a check for payment to the bank. You will receive the money yourself in the period indicated in financial organization. Thus, if the drawer holds an account in Russian bank, money can be received immediately. If in a foreign language, the process will be delayed.

You can simplify the process by selling the check to another person. This is possible if you have been issued a warrant check or a check to bearer.

Does anyone know where and how to cash a check foreign bank in Russia? My mother has probably been lying on 500 American dollars for half a year already, so I want to help her, what good is lost, maybe something will fall to me.

Reader Comments

Foreign checks are accepted “for collection” in such banks as VTB24, Citibank (This bank generally has roots in America, so there is the most chance that they will be accepted) and the like. The speed of processing applications is really not so hot - you 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, while another refuses it.

In addition to banks, checks can be cashed using online service ePayServices is a payment system that, along with other services, provides a check cashing service 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 also want to add that it is more profitable to cash out in large amounts than in small ones. Banks set a certain percentage for cashing foreign checks, but not less than a certain amount. So for the fact that you cash a check in the Ukrainian bank PUMB, you will be charged 1% of the amount, but not less than 30 dollars. That is, if you decide to cash a check of $30, in fact, you do not get anything at all. In this case, it is better to cash a check in Privatbank. Yes, there the percentage is higher - 3%, but at least 20 hryvnia, which is not so much when cashing the same 30 dollars. But in PUMBA it is more suitable to cash out large sums starting at $3,000.

There was a problem with cashing a check. We went to Germany and cashed there. In order not to lose money. Interest on cashing checks is very high. IN international banks they are lower and the risk of loss is lower.

tat, that is, as I understand it, in order to cash a check, you specially went to Germany? Apparently the amount should be large enough to decide on this. But if the amount is large, then the question arises with customs. Didn't you spend more on the road and on customs duties than the difference in the amounts between cashing in our country and in Germany?

I wanted to cash a check from Google during the winter, but it wasn't an easy idea. Yes, many banks take checks for cashing, but only this process is not one day, but sometimes even more than one month. I had to cash out through one Kyiv company specializing in this. Naturally lost interest.

Checks from Google, namely Adsense, can now be cashed in a private bank. It is possible to credit the card through private24 funds. I recently received an email about this.

This came to me too. I went to find out, not somewhere in the very lair of the beast. Office of PrivatBank in Dnepropetrovsk. How to do it there - no one has a clue. Most employees have never seen a check and have no idea what it should look like. You leave him. At least 2 weeks they study it there and only then enroll. And knowing the efficiency of Privat, it may take six months.

Sultan, so wait. You leave the check itself or a copy of it. You can't just leave a check. Knowing firsthand how documents are handled in PrivatBank. We can safely say that he will be lost somewhere and then you will not prove anything.

Astelik, To be honest, I don’t remember what was needed there - either the original check, or a copy of it. And then provide the original when cashing out. But then I gave up on this matter. In Kyiv, there is a company that does this, they do everything very quickly, though they take a percentage.

Didn't know we could cash a check foreign bank)) It's good that banks provide such a service, I think that it came in handy and will come in handy in the future for many people! In general, banks provide a lot of services to their customers and, of course, take good pay for it.

I myself have never encountered the cashing of foreign checks in our banks. But many acquaintances say that it is not necessary to contact banks for this, there are some special online services.

The check is bank document, confirming the desire of the account holder to pay a certain amount of money to the bearer.

In Western countries, it is one of the types of wages, and is also widely used along with bank cards to receive earnings for participating in affiliate and sponsorship programs.

The check is sent to the address specified during registration by mail, after which it must be cashed in one of the branches of the Bank of Russia.

In order for a bank in Russia to accept a check for processing, it must contain required details provided by the regulations:

the document must contain the word "check";
the amount to be paid is indicated in numerical and alphabetic values;
the name of the currency must be in a short and full letter designation;
payer data displayed with number current account from which the transfer was made;
date of formation of the document;
signature of the drawer.

In the absence of one of the elements of the check, the bank has the right to refuse service.

Types of checks

Distinguish between cash and settlement checks. Cash check documents are intended for payment of funds in cash to the bearer of the document.

Settlement, are intended for making non-cash payments regarding the transfer of the amount of money indicated in the document to the current account of the bearer.

For foreign check It is typical to conduct a collection operation according to a covered scheme, when the payment of funds to the bearer of the document is carried out only if they are available on the sender's account.

Depending on the type of recipient, checks are:

Nominal, issued to a specific person who can act as a bearer.
Order issued in favor of a specific person with the right to transfer to another person, which is recorded on reverse side document.
Bearer, which can be cashed by any person who applied to a bank branch with a document.

In order to avoid additional questions in Russian banks during the procedure for receiving money, it is better to use personal checks that allow you to cash money in foreign currency without requiring additional documentation.

Cashing a personal check

Receiving money from nominal check possible in almost any bank in Russia. To do this, you should first familiarize yourself with the terms of the collection event, which in different financial institutions may differ in the percentage for the services provided.

It is more profitable to work with checks that contain large amounts of money, since banks charge a certain percentage for collection services in the form of a commission, the amount in monetary terms of which cannot be less than the specified minimum threshold.

It should be expected that receiving money from a check is possible only after two months, since the implementation of the procedure is carried out in several stages:

Receipt of a check in a financial institution.
Processing of information and its transfer to the bank-issuer to confirm the fact of legality.
Sending by the issuing bank of the due amount to the addressee.
Receipt of money by the bearer of the check.

Upon receipt of a check document, it should be noted that all operations with it must be carried out within 6 months, since after this time it will not be possible to cash it due to the expiration of its validity.

Financial institutions for cashing out

You can cash a check at any financial institution that supports this option. Favorable conditions of VTB 24 bank ensured its popularity among clients cooperating with foreign employers.

It should be noted that the conditions for the provision of services change regularly, but remain the same favorable against the background of other banking institutions.

You can carry out a collection operation in Russia without personal participation, without leaving your home, by resorting to the possibilities of online banking, which is typical for Sberbank. All activities are carried out by entering data into special sections questionnaires.

You may also need to upload an image to in electronic format check. Similar services are provided by Alfa-Bank, Impexbank, VTB 24.

If the currency of the check is dollars, euros or pounds sterling, then the collection operation can be carried out using payment system ePayService, which serves the products of banks in America, Canada, Asia and Europe.

Updated 10/22/2018: ePayService now only cashes checks from Google AdSense.

Activities during the cashing out procedure

Despite the fact that most banks in Russia can cash a check provided by a client with foreign monetary units, the collection operation is not much in demand in them.

Therefore, it is necessary to take a responsible approach to the choice of a financial institution that offers its customers during this event the most profitable terms as minimum interest from the amount of money handed out.

The collection procedure is carried out bank employee and the bearer of the check in several stages:

Choosing the right bank in Russia.
Registration of an application for the payment of funds in two copies, one of which remains with the bearer of the check document with a mark in the form of a registration incoming number and the date of submission for consideration.
Opening currency account in the currency in which you want to withdraw funds.
Payment of the commission for the rendered collection service at the cash desk.
Registration of an endorsement in the presence of a bank employee.
After a series of checks, which can last up to 2 months, the funds come to an open current account.

Important! Before you give a check document to a bank branch, you should make a copy of it. The same procedure should be carried out with the receipt in order to exclude problems that arose in the event of loss or damage to the original documentation.

At the legislative level, it is determined that if the amount of the check exceeds $ 5,000, then the bearer must indicate the source of receipt of funds and prove their legality.

However, if the bearer has earned these funds, then the employer usually sends a document along with the check confirming the source of receipt and the scope of the employee's activities.

Collection operation, advantages and disadvantages

Making settlements through collection is suitable in the case of a trusting relationship between the participants in the transaction.

The advantages of the operation include the high reliability of the payment, accompanied by numerous checks of documentation.

The disadvantage is considered to be a long period of time that is necessary for the verification procedure, confirmation of payment and payment.

All this slows down business turnover, and besides, it does not guarantee one hundred percent receipt of money.

The collection operation takes a long period of time, therefore, when settling with the employer, it is better to use alternative methods of payment for services, such as electronic payment systems.

However, if it is not possible to receive money in another way, in some situations, especially when a large amount is transferred sum of money well worth the wait.

So you've become the proud owner of the check you want to cash. Whether it's compensation for services, a birthday gift, or just a nice surprise, you're ready to get that money and spend it as quickly as possible. Except you've run into one problem: you have no idea how to cash checks. Don't worry! Even if you do not have a bank account, you can easily cash your check at the nearest bank branch. Here step-by-step instruction the whole process.

Steps

Part 1

Be carefull

First of all, you must make sure that you can trust the person who gave you this check. This is the most important step in the entire process, as an invalid or fake check can cause you a lot of trouble. To avoid embarrassing situations, only accept checks from people you know and trust. If you are accepting payment from a person you do not know (for example, someone offers to pay with a check for your grandmother's carpet, which you decided to sell through Avito), then it is better to ask for cash, if such an option is possible. If you are sure that your check is valid, then before going to the bank, make sure you have the following information:

Correct details (full name and address) of the person who gave you the check
Contact details of this person so that you can contact him in case you have any problems during the cashing out process
The name of the bank that issued this check

Confirm check liquidity before after you cash it out. To do this, you need to sign on the back of the check, immediately after the "x" icon, on the horizontal signature line. Do not sign the check before going to the bank, so that if the check is lost, it cannot be cashed by strangers. If you do not validate the liquidity of the check, the bank may have difficulty cashing your check.

Cash your check as soon as possible. Some checks, such as checks used by employers, have an expiration date. Even if there is no expiration date on your check, remember that banks are not required to cash checks that are more than six months old. To receive your money quickly and easily, be sure to cash your check on time.

Make a check deposit at your bank's ATM. This is another way to cash checks. When using an ATM to cash a check, the funds will be automatically transferred to your bank account. Please note that this process may take up to three business days. Meanwhile, if you already have some funds for bank account, you can continue to use them. Either way, it's a quick way to make sure the money gets transferred from the check to your bank account. To deposit a check through your bank's ATM, you must:
- Insert your bank card to an ATM
- Enter your PIN and click "Next"
- Select "Deposit Check"
- Insert a check into a deposit slot
- Confirm the amount for which the check is issued
- Withdraw money when it is transferred to your bank account (or sooner if you already have funds in that account)
Use mobile app for a deposit. This new and convenient method, which is being used by a growing number of banks, allows customers to deposit checks into their bank accounts via smartphones. To use this method, you need to download your bank's mobile application on your smartphone, take a photo of your check from both sides, and confirm the amount for which the check was drawn. This method is similar to cashing a check at an ATM, but requires much less physical effort and time.
- Sooner or later, you still have to drive to the nearest branch of your bank to withdraw the money that has been credited to your account.

Part 3

other ways to cash a check

Cashing a check at the bank that issued the check. Don't worry if you don't have a bank account. All you need to do in this situation is to go to the bank that issued the check (the name of the bank will appear on the front of the check). Don't forget to bring your ID document! It is also worth remembering that many banks may charge a fee for similar services and also offer you to open a personal account.
Cash your check at the store. Very often, large supermarkets and franchises allow customers to cash checks for a small fee. Usually, this commission is less than the commission of banks or specialized companies for cashing checks. For example, in 7-Eleven stores, any check can be cashed by paying a commission of .99% of the total amount of the check, and in Wal-Mart stores, the commission is only three dollars for checks up to $1,000.
- As previously noted, do not sign reverse side your check until you are in front of the cashier who cashes the check for you.
Contact specialized check cashing companies only in the most extreme case. This option should only be used in special cases because such companies charge a large percentage under the commission from each check. At the same time, these companies are usually the most fast way receive money in hand and, depending on your place of residence, can be opened around the clock, without breaks and weekends. The high fees are justified by the serious risk companies face cashing all the checks they receive.
- These companies are well aware that they work with clients who urgently need money and take advantage of their desperate situation.

Is it possible to cash a check of a foreign bank in Russia? It is possible, but it will be expensive, and the procedure stretches for 1-2 months.

To the editors of "F." asked the owner of a Bank of New York personal check for $200 with a request to tell how you can cash it in Russia. It turned out that not all provide such a service. big banks. Based on the results of a call to the largest credit organizations it turned out that Sberbank, Rosbank, MDM-bank, Promsvyazbank do not work with registered commercial checks issued for individuals. The call center of Alfa-Bank reported that its Moscow offices do not deal with the collection of registered "physical" checks.

This situation is easy to explain. According to the interviewed "F." bankers, the demand for this service from the population is low: we are talking about one-time transactions, so sometimes even the websites of some banks do not indicate tariffs - they only tell you that you can cash a check in call centers. At the same time, telephone operators do not always have complete information about the commissions charged to the client and ask to come to the branch.

Collection of a nominal check of a foreign bank in Russia is expensive. The final amount of the client's expenses for cashing out consists of three main parts: the bank's commission for the service (1-2% of the nominal amount of the check), the commission of the foreign issuing bank (if it is expected by tariffs) and the costs of the Russian bank (postage, settlements with banks - correspondents). As a result, the total commission reaches 4-6% of the nominal amount of the check.

Be sure to remember that the owner can get the "cash" in his hands no earlier than 1-2 months after the application is made in a Russian bank. It is necessary to compare this period with the validity of the check itself - often it is necessary to cash out the amount indicated in the document within three months from the date of issue. It is advisable to have a document with you, which indicates the source of funds, the amount of which is indicated in the check. Suppose, if you received a fee for the work done in this form, you need to ask the customer for a supporting document. Banks need such certificates for currency control, that is, monitoring the origin of funds intended for the recipient. Not everywhere the presence of such a document is required, but the bank has the right to ask for it.

Sometimes a mandatory condition for collection is the payment of a guarantee fee. If the refund of the check is successful, the deposit is returned to the client, otherwise it remains in the bank as compensation for expenses. The "incoming" commission, that is, the fee upon delivery of a check for collection, is provided for by almost all Russian operators, and these funds are not returned to the client even if the check is not paid.

	Commission upon delivery of a check, % of the nominal amount of the check	Commission for cash withdrawal, % of the nominal amount of the check	Other expenses*
	min 200 rubles, max 6000 rubles		Postage,
Unicredit	1.5% of the nominal amount of the check		Commissions of foreign banks in case of their occurrence
			Commissions of foreign banks in case of their occurrence
Bank of Moscow	min 350 rubles		Postage and commissions of foreign banks, if any
Uniastrum	min 500 rubles max 7200 rubles (depending on the check currency)
	min $30, 30 euro		Commissions of foreign banks in case of their occurrence
Absolut Bank	Guarantee fee ($100). In case of a refund, the check is returned	2% for issue min $10, max $250	Commissions of correspondent banks (non-fixed, on average 1-2% of the face value of a check)
Gazprombank	1000 rubles		Commissions of foreign banks, postage
			Shipping (Russian Post - $1, DHL - $60), 75 euros in case of check non-refund, foreign bank commission (about $50)