Anyone got a Barclays USD dollar account

Discussion in 'General Chat' started by jouster, Dec 28, 2016.

  1. jouster

    jouster
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    Need to open a USD account and wonder if people have any experience with Barclays in particular.

    Cheers in Advance.
     
  2. w3dal

    w3dal
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    I have used fair fx the last few years, been really handy just taking out a bank card instead of loads of cash when out shopping etc
     
  3. rousetafarian

    rousetafarian
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    Opening from the UK or US?
     
  4. imightbewrong

    imightbewrong
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    Business or pleasure? :)
     
  5. jouster

    jouster
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    No this is to bank dollar proceeds from share sales in turn allowing use of a money broker to save a £1000 in rubbish exchange fees
     
  6. jouster

    jouster
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    UK
     
  7. jouster

    jouster
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    Just been informed there will be up to a 6 week wait (now been told It's actually 8 week wait) for the cheque to clear due to size which is rather annoying. Not sure how I can get around this but will enquiry
     
    Last edited: Dec 28, 2016
  8. imightbewrong

    imightbewrong
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    #firstworldproblems :laugh:
     
  9. jouster

    jouster
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    So for anyone who cares or may have been in the same position this option is pretty rubbish but is the same anywhere.

    So opening an account anyway and then asking share side to issue an electronic payment instead. Fingers crossed they can do something
     
  10. Beany31

    Beany31
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    Usually you can't as it is either sent for collection or negotiation depending on the drawing bank/receiving bank and amount involved.
     
  11. jouster

    jouster
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    Appears my other options are to get cheque cancelled (at my cost of Course) and then have it wired in dollars or sent in a GBP cheque. Will see what they say
     
  12. imightbewrong

    imightbewrong
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    Where is this money coming from? 1993? :D
     
  13. jouster

    jouster
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    ????
     
  14. imightbewrong

    imightbewrong
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    Just wondering what all these cheques are about :)
     
  15. jouster

    jouster
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    I sold some shares and they still send out cheques (it's America so the bequest is still very popular there)
     
  16. imightbewrong

    imightbewrong
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    Crazy
     
  17. jouster

    jouster
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    Yup. And I get one every qtr.
     
  18. hippo99

    hippo99
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  19. jouster

    jouster
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    I have no doubt it would be identical. I also bank with HSBC, Nationwide and Santander so any would be fine. Barclays just happened to be simple (took 5 mins and had to sing a piece of paper)
     
  20. Beany31

    Beany31
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    The clearing system is still the same regardless
     
  21. jouster

    jouster
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    Indeed.
     
  22. jouster

    jouster
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    All sorted. New bank account details sent to broker. Cheque being cancelled and dollars being wired. Only 2 week wait instead. Very happy
     

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