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Hong Kong > Forums  > Hong Kong Forums  > Living in Hong Kong  > Everything Else

Hong Kong Banks

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Old 05-11-2004, 11:41 AM
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Hong Kong Banks

Hi,

Do Hong Kong banks charge to cash travellers cheques? If so, approximately how much?

Thanks.

Byn
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Old 05-11-2004, 11:48 AM
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HSBC Guidelines

Encashment of travellers’ cheques*
Each encashment in the same foreign currency or
in Hong Kong dollars of travellers’ cheques purchased
from HSBC bank†/branches

Nill

Each encashment in the same foreign currency
or in Hong Kong dollars of travellers’ cheques
Purchased from other banks

0.375% of the full amount
(minimum HK$50§)
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Old 05-11-2004, 12:12 PM
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Thanks KIA

Byn
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Old 05-11-2004, 03:53 PM
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Some Money Changers might offer better conversion rates than banks without taking any charge regardless of TC purchased from any corner of the world in any currency. However, USD is the most preferred currency for TCs.
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