Hi
I wonder if anyone can advise me.
I recently took out medical insurance with a Thai company on a recommendation .and paid the yearly subscription in cash in advance .but after a couple of weeks I have been told that the insurance cannot go ahead because I have not been in the country long enough .So they have sent me a cheque back . I do not have or need a Thai bank account and wonder if anyone knows if any bank will cash the cheque for me .
Thanks
Cashing a cheque
-
- Guru
- Posts: 658
- Joined: Sat Aug 10, 2013 7:37 am
Re: Cashing a cheque
No harm in opening a bank account. If fact I would say that if you so intended on staying for the amount of time that taking insurance out suggests, then a Thai bank account will come in useful for a number of reasons during your extended stay.
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Re: Cashing a cheque
You'll need an account to deposit a foreign check, it costs 150 baht and takes 3 weeks to clear. Local currency checks cost nothing and take 3 days.
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
Re: Cashing a cheque
I understand that this is not a foreign cheque but a Thai one. In that case you should be able to endorse it to someone with a bank account and they could cash it for you. I've done this a couple of times for someone else and had no problems.
Re: Cashing a cheque
you could take it in the bank its issued from and they will pay you the cash ,i have done this a few times with no problem ,but it was a few years ago , worth a try
-
- Member
- Posts: 64
- Joined: Sat Sep 21, 2013 4:59 pm
Re: Cashing a cheque
Thanks all for the advice .