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+--- Thread: US Dollars to put in my bank account (/showthread.php?tid=74507)
US Dollars to put in my bank account - sc0ttie - 17-12-15
I have 2000 US dollars in cash, I was wondering, if I want to pay that into my bank account, can I just take the $'s into my branch of bank and pay them in over the counter or is there a better way of doing it?
Re: US Dollars to put in my bank account - keithfzs1000 - 17-12-15
change it at travel agents or ramsdens etc get the best rate then put into bank
Re: US Dollars to put in my bank account - Grayo - 17-12-15
(17-12-15, 10:06 PM)sc0ttie link Wrote: I have 2000 US dollars in cash, I was wondering, if I want to pay that into my bank account, can I just take the $'s into my branch of bank and pay them in over the counter or is there a better way of doing it?Yes you can pay it straight in to your bank but, as said, you may not get the best rate.
Re: US Dollars to put in my bank account - Grahamm - 17-12-15
There's a Debenhams local to me that always seems to have the best rates, but, check [url=http://"[url=http://"http://travelmoney.moneysavingexpert.com here for the best exchange rates
Re: US Dollars to put in my bank account - Frosties - 17-12-15
(17-12-15, 10:06 PM)sc0ttie link Wrote: I have 2000 US dollars in cash, I was wondering, if I want to pay that into my bank account, can I just take the $'s into my branch of bank and pay them in over the counter or is there a better way of doing it?
I'm afraid it's totally illegal fella punishable by a custodial sentance. Luckily for you I am in a position to offer you a way by buying your dollars at an extrenely competitive rate of $3/£ :kiss
Re: US Dollars to put in my bank account - Slaninar - 18-12-15
I'd convert dollars to Swiss franks before. Just my 2 cents, as Americans say.
Re: US Dollars to put in my bank account - midden - 18-12-15
Best thing to do is book a cheap flight and hotel in USA and have a spending spree
Re: US Dollars to put in my bank account - BBROWN1664 - 18-12-15
the offer from Frosties is a bit low and I would not accept that. I can offer you an outstanding rate for a cash swap. $5 for £1 . I doubt you will get a better offer :pokefun
Re: US Dollars to put in my bank account - Frosties - 18-12-15
(18-12-15, 05:12 PM)BBROWN1664 link Wrote: the offer from Frosties is a bit low and I would not accept that. I can offer you an outstanding rate for a cash swap. $5 for £1 . I doubt you will get a better offer :pokefun
I'm out, no way I can stretch that far. Gazumped I tell yer......bar steward :'(
Re: US Dollars to put in my bank account - sc0ttie - 18-12-15
Thanks for all your answers, having looked online the post office do a really good buy back rate and my local one is just by my bank so I will use the post office to change it up to £. Cheers all
Re: US Dollars to put in my bank account - Frosties - 18-12-15
(17-12-15, 11:09 PM)Frosties link Wrote: [quote author=sc0ttie link=topic=18942.msg219166#msg219166 date=1450386389]
I have 2000 US dollars in cash, I was wondering, if I want to pay that into my bank account, can I just take the $'s into my branch of bank and pay them in over the counter or is there a better way of doing it?
I'm afraid it's totally illegal fella punishable by a custodial sentance. Luckily for you I am in a position to offer you a way by buying your dollars at an extrenely competitive rate of $3/£ :kiss
[/quote]
So that's a "no" then is it ?
Re: US Dollars to put in my bank account - mtread - 18-12-15
With a large amount you might get asked to prove your identity and asked how you came by it (anti money laundering checks). When you change it take your passport with you.
Re: US Dollars to put in my bank account - Slaninar - 19-12-15
(18-12-15, 11:56 PM)mtread link Wrote: With a large amount you might get asked to prove your identity and asked how you came by it (anti money laundering checks). When you change it take your passport with you.
Opening a dollar bank account, I was asked to:
Fill in some 10 paper forms, stating that I am not a US citizen ("under full legal liability"). That I am not a terrorist, nor planning to become one, nor having been associated with any such organization. And a whole load of other crap I can't even remember.
As far as conversion goes, I think 5$ for one pound is not a good deal. It's better to invest in real estate - I hear the prices will soar. I can offer a high quality brick for 2000$. It's in mint condition, a bargain:
![[Image: large-brick.jpg]](http://www.nma.gov.au/av/portmacquarie/images/making-bricks/large-brick.jpg)
Re: US Dollars to put in my bank account - Frosties - 19-12-15
High quality brick my arse.......it's been used, looks thousands of years old, probably from a bloody pyramid and worth $10 max (RIP OFF). I however can offer a "pick your own" service - sample below.
Re: US Dollars to put in my bank account - sc0ttie - 19-12-15
(18-12-15, 11:56 PM)mtread link Wrote: With a large amount you might get asked to prove your identity and asked how you came by it (anti money laundering checks). When you change it take your passport with you.
I wasn't and since you can bring 10k into the country without checks I can't see why the post office would ask me where I got the money, it's not their business how I make my money. I exchanged it today, got £1240 for it in the post office and paid that straight into my bank account.
Re: US Dollars to put in my bank account - mtread - 19-12-15
Quote:I wasn't and since you can bring 10k into the country without checks I can't see why the post office would ask me where I got the money, it's not their business how I make my money. I exchanged it today, got £1240 for it in the post office and paid that straight into my bank account.You must have a trusting face :rolleyes https://www.gov.uk/guidance/money-laundering-regulations-money-service-business-registration