Uptill now the cheques were cleared through a company called cg pay ltd from their Prague office.They deduct a fee for clearing and again for transferring the payment.They ask for the following on the back of the check where it says Payee's endorsement:
1st line: First Name and Surname of the cheque owner (exactly the same as in the line %26quot;Pay to%26quot; on the face side of the cheque);
2nd line: Pay to CG Pay Ltd;
3rd line: Signature of cheque owner.
The cheques have the following text:
Pay against this cheque
To xyz Online... Address
Amount: xyz
Or Order
The sum of xyz
Payable at Citibank , N.A
NewCastle, DE ABA 031100209
For Citibank Europe PLC Signature
cheque codes on the end and Payees endorsement on the back which says For Deposit only for account of named Payee.
Now what I want to know is Can I deposit this cheque in my bank account in the UK? If yes how? Should I endorse it in my Name?
I have bank accounts with barclays and citibank UK.
Thanks
Can a Google Adsense US$ Cheque be deposited into anyones UK bank account through endorsement or not?
Yes they can, but you will have to wait for the funds to clear.
Takes a bit longer than normal, but they DO clear...
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