I have 3950$ amount cheque & i want to cash this cheque in indian bank or citi bank. So give complete procedur?



I have 3940$ amount cheque & i want to cash this cheque in indian bank (sbi) or citi bank. So give me complete procedure for it.

I have 3950$ amount cheque & i want to cash this cheque in indian bank or citi bank. So give complete procedur?
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2 Replies to “I have 3950$ amount cheque & i want to cash this cheque in indian bank or citi bank. So give complete procedur?”

  1. You can deposit the said check with your local bank branch and await patiently for the amount to get credited after clearance with the bank
    from where it was issued (NewYork clearance may take up to 30 days
    or more).


  2. One way is to deposit the cheque with your bank and they will collect it through their US correspondents. Now a days, the collection happens within 14 days. Ask for immediate credit. If your relationship with the bank is good, ask the bank to purchase the cheque so that immediately you get the funds.





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