Wonder if I could ask advice - I cashed a US dollar cheque for 4,400 US dollars, see below the email correspondance from the bank - it finally lodged last week after 6 weeks but at just over 3,000 euros, compared to the email confirmation of 3,276 euros so I am down 200 euros. I don't really see that I have to accept the difference, it seems to have lost value during the 'collection' period. When I checked in the bank, after 5 weeks, they told me 'it's an irregular transaction, that's why it takes so long'. Do you think I can fight this and get the amount they quoted originally???
First email:
"First for the Us dollar cheque we would have to send it off on
collection usually takes about 3-4weeks to get lodged into your account."
Second email:
"We have also recieved your cheque and the amount it was converted to was €3276.74."
Third email:
"My collegue has recieved your Us dollar cheque (4400) from our foreign department, as it is drawn on HONG KONG Bank we need to send it on collection which will take a max of 8wks to return into your account, usually this process is quick so it shouldnt take to long to be lodged into your account."
Thanks for any advice