How to cash in US Dollar checks?

[Giofirefox]

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Hi, I'd just like to ask where and how can I cash in or deposit my dollar checks to my peso savings account? I tried to go to BPI this morning and they said I need to have a dollar account. Is there any easier way for this? Do money changers accept these checks and cash em ryt away?

[Metz]

Hi, I'd just like to ask where and how can I cash in or deposit my dollar checks to my peso savings account? I tried to go to BPI this morning and they said I need to have a dollar account. Is there any easier way for this? Do money changers accept these checks and cash em ryt away?

ang nahibaw-an nako kay you will need a $ account and the clearing time is 1 month.
this is for BDO.

I'm not sure if naay willing mo risk ug change ana unlike the peso cheques, if naa please post here.

[ellehpo28]

If you have a BPI account in peso, you can probably deposit it for collection. It will just take around 30-45 days for clearing. depending on what kind of check you have. You don't have to have a dollar account, actually.

I have done this twice before when I don't have a dollar account yet.

[Giofirefox]

metz & ellepoh@ thanks guys..i did deposit it to my peso account in BPI and they said it would take a month or so..I agreed cz I dnt have any choice.hehe..But its good to know that it is possible.Maybe the teller just didn't know what she was doing. I approached another personnel and it was done in a jiffy.

[Metz]

metz & ellepoh@ thanks guys..i did deposit it to my peso account in BPI and they said it would take a month or so..I agreed cz I dnt have any choice.hehe..But its good to know that it is possible.Maybe the teller just didn't know what she was doing. I approached another personnel and it was done in a jiffy.

so auto convert nila to peso bai?
ok rana although grabe jud ka low ang conversion rate sa bank.

[ellehpo28]

yes, it is auto conversion into peso. Well, you have no choice... it will be credited to your peso account