International bank draft from Holland--payable in US?
Thread poster: Robert Forstag

Robert Forstag  Identity Verified
United States
Local time: 03:08
Member (2003)
Spanish to English
+ ...
Nov 5, 2008

I have a client in Holland who is willing to pay me for a project with an International Bank Draft (in euros) from a bank in Holland. My question is whether I will be able to cash this draft at a bank in my city (Cleveland, Ohio, USA). I've never been paid in this way before.

As important as whether I will be able to cash it is the issue of fees and possible delays in getting it cashed (e.g., a 60-day hold would definitely not be welcome).

Is there anyone familiar with this kind of transaction between a European client and a US translator?

Thanks so much,

Bob


 

Marion van Venrooij-Rooijmans
Netherlands
Local time: 09:08
English to Dutch
+ ...
Ask your bank Nov 5, 2008

Hi Robert,

I am certainly not familiar with this kind of transaction, but I think your bank should be able to answer your questions.

Good luck,
Marion


 

Nizamettin Yigit  Identity Verified
Turkey
Local time: 10:08
Dutch to Turkish
+ ...
Better contact your bank Nov 5, 2008



For the opposite situation, cashing of a draft I had to wait 14 days before I saw it in my account. I was charged €12.50.
Fees may be about the same but time fram may be varrying by bank.

Good luck!

Nizam


 


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International bank draft from Holland--payable in US?

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