As titled, is there a faster way to cash in US check in Malaysia?
Normal procedure cost me few months for check clearance and big fee to cash in US check.
Anyone has tips for me?

i bank in goolge cheque b4, from US too, it took me one month to clear the cheque with RM12 as charges.

ya, 1 month very long time.
RM12 is based on % or fixed fee?
Which bank are you using?

You must be getting your cheque from 12DailyPro. Hehe.

12dailypro still around?

If you want to discuss 12dailypro(i don know what is this), do it in another forum/thread.
If you happen to know a good way to cash in check, reply here.

Believe they are related. So why can't it be discussed here ? Two or three months ago there was a similar thread and they did talk a little bit about 12dailypro too.

12dailypro apparently, is just another version of Ponzi Scheme. It's been more than three years since SEC frozen their assets. Good thing they still can get some of their money back.

lol~ three years ago i earn from 12DP to pay up my 1st semester fee.. haha~

anyway~ its a ponzi scheme..

btw~ this thread is intend to talk bout overseas cheque cash out..

I used HSBC. The cheque around US$120, RM12 is a rough figure but I remember is between RM10-20. You'd better call bank for inquiry, my case few years back when google didn't have WU service.

Thanks for your information.
Will call hsbc tomorrow.

For those fellows who like to discuss ponzi or what-so-related 12dollar, go start your own thread.
This thread is for cash in check, not bout your ponzi.

in fact i pm u for the reply above but the message can't get thru, one of the possibilities is your inbox full liao, pls check. And pls pls pls check with HSBC first, i dun want u rugi due to my out-dated info

Oh my god ! How bossy ! Anyway, there are already two or three similar threads about cashing a US cheque and which bank charge the least. Last time they said it was Public Bank. Do a search.

for OCBC, every cheque around Rm12.15 to clear for any amout, time is about 1 month or 6 weeks. (not sure about what you mean by big amount, coz big amount is different for everyone).

This post has been edited by david888: Oct 29 2009, 01:28 PM

Yea, I got mine last month. Havent have the time to bank in the cheque though, but its due on Dec.
Few hundred USD only.

You better cash it out real fast. USD is sinking.

can someone share what is "12DailyPro" coz never heard it b4. thanks.

You can read it here. Just click the links below.
12DailyPro Version 1
12DailyPro Version 2

It was a 4 years old ponzi HYIP games the netizens played. First started out was with StudioTraffic and got paid from their malaysian office with cheques... and also using E-Gold

But that was the good times, until the damn Feds have to come in and meddle around.

Because someone complained it to the SEC. They had solvency issue. Some investors weren't able to get their promised dividends in time. The next thing you know is that SEC is shutting down the company. It was a good thing that someone lodged a complain against them early because sooner or later they are going to be bust anyway. You guys are lucky as most of you are still able to recover some of your losses as most Ponzi Scheme victims will loss everything.

I was hoping to ROI first before shit happens yea... it was fun.

I used to cash my check in Maybank, after waiting a month for my check to arrive, another month for it to clear. Sometimes check goes missing, so, even longer to wait. I don't use check anymore since I started using Payoneer card, it's around RM10 per transaction I usually withdraw at HSBC at RM1500 each time. Ya a bit high than normal check but at least its reliable when I receive my money each month otherwise it's hard to pay upcoming bills with delayed funds. Also, charges can be minimized if you use the card directly to shop online/swipe. http://foudak.com/payoneercard/