by devastated
Thu Jul 28, 2011 11:24 pm
Hi,
I couldn't find any postings on this so have to start a new one. I want to pose this to people in the UK. Is anyone aware of banks in your country that charge a fee or tax that is a percentage of a check amount you are depositing into your account? This is a large sum in the millions dollar range and is a check that obviously needs to be cleared. The bank is supposedly imposing a 1% fee or tax in order for the check to be cleared, and apparently cannot be deducted from the check upon its clearance. I think the bank named was RBC? Not sure. Although it is a result of a business transaction and issued by the company, it is written to an individual and not a business, so it will be going into a personal and not business account.
Also, what personnel or department should I contact at a bank to inquire about this?
I just want to verify if there's any truth to this so I can either dispute or corroborate this claim.
Thank you!
I couldn't find any postings on this so have to start a new one. I want to pose this to people in the UK. Is anyone aware of banks in your country that charge a fee or tax that is a percentage of a check amount you are depositing into your account? This is a large sum in the millions dollar range and is a check that obviously needs to be cleared. The bank is supposedly imposing a 1% fee or tax in order for the check to be cleared, and apparently cannot be deducted from the check upon its clearance. I think the bank named was RBC? Not sure. Although it is a result of a business transaction and issued by the company, it is written to an individual and not a business, so it will be going into a personal and not business account.
Also, what personnel or department should I contact at a bank to inquire about this?
I just want to verify if there's any truth to this so I can either dispute or corroborate this claim.
Thank you!