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Intercam taking US checks again?


solajijic

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We have been out of town so might have missed an announcement. The Intercam website says they can take US checks again thru their bank. That would be great. I will check with Marta in the morning.

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They will only cash a check if you have a savings account there. They will cash a check up to the amount you have deposited there.

They are actually taking money out of your account to give you cash. The check you write is then a deposit back to your savings account.

This is how CI Banco could cash US checks and they started doing the same thing.

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Lloyds has always taken a long time even when it was a private institution. I have always thought that the only reasonable explanation for the length of time is that they use your money. WE have used both Intercam and Multiva and they take a day, two at most.

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Multiva takes 30 days for me. Are you able to do it in two days because you are writing a check lower than the balance in an investment account?

Multiva also takes 30 days to clear a check for me and I AM writing a check lower

than my investment account. Curious...

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