While we don't usually recommend drafts and cheques, a basic principle that you can apply to make the process as simple and cost efficient as possible is to include multiple Sterling cheques and drafts in the same transaction. These need to be in the same currency, drawn on bank or building society branches based in the UK, Channel Islands, Isle of Man or Gibraltar, for negotiation.
If a cheque or draft is the only way that you're able to receive payments from overseas, please note that we can only clear these payments if they're made in Sterling by an issuer, bank or building society branch based in the UK, Channel Islands, Isle of Man or Gibraltar.
Please note that we're unable to accept:
- deposits made to your account in non-Sterling cheques, international or domestic drafts or traveller's cheque deposits from any issuer
- Sterling/GBP cheques issued by a bank or building society branch based outside the UK, Channel Islands, Isle of Man or Gibraltar
Any deposits or credits of this nature that we receive will be returned. We do not issue international draft payments.
If you have any questions or need to understand what other options might suit your requirements, please get in touch with your usual contact at the Bank who will be able to assist.