Author Topic: IMPORTANT! Israeli Money Changers NOT accepting US checks (Read 14884 times)

how · « **on:** October 03, 2013, 08:43:16 AM »

Israeli money changers are not accepting US checks for the time being. The US gov. shut down all the money changers accounts and you can no longer cash checks here!!! This has nothing to do with the Shutdown.

For those of you still in the US bring in cash don't rely on Checks for now. They are working on a solution but when they have it it will probably cost upwards of 3% to cash a check!

You may be able to find some places that are taking 5% for large checks...

elikay · « **Reply #1 on:** October 03, 2013, 09:03:13 AM »

Quote from: how on October 03, 2013, 08:43:16 AM

Israeli money changers are not accepting US checks for the time being. The US gov. shut down all the money changers accounts and you can no longer cash checks here!!! This has nothing to do with the Shutdown.

For those of you still in the US bring in cash don't rely on Checks for now. They are working on a solution but when they have it it will probably cost upwards of 3% to cash a check!

You may be able to find some places that are taking 5% for large checks...

Anyone else care to chime in? I understand that they don't always go through US accounts...

how · « **Reply #2 on:** October 03, 2013, 09:06:37 AM »

Quote from: elikay on October 03, 2013, 09:03:13 AM

Anyone else care to chime in? I understand that they don't always go through US accounts...

Jordan? When they say maybe next week 3% I assume that's what they mean.
anyone have a Charles shwab account?

SamKey · « **Reply #3 on:** October 03, 2013, 09:08:46 AM »

cash them with the chase app

ashers · « **Reply #4 on:** October 03, 2013, 09:09:27 AM »

The money changer said its a prob in the banking system in the US and early next week all should be back to normal ....

elikay · « **Reply #5 on:** October 03, 2013, 09:58:31 AM »

Quote from: how on October 03, 2013, 09:06:37 AM

Jordan? When they say maybe next week 3% I assume that's what they mean.
anyone have a Charles shwab account?

I had checks going through Jordan (about 5 years ago) at no extra charge. I think they have just become spoiled at the ease of things now, that when it reverts they suddenly want to jack up prices.

Red · « **Reply #6 on:** October 03, 2013, 10:40:17 AM »

http://www.jewishpress.com/news/breaking-news/americans-in-israel-stymied-as-us-check-clearance-blocked/2013/10/03/

how · « **Reply #7 on:** October 03, 2013, 10:46:07 AM »

Quote from: SamKey on October 03, 2013, 09:08:46 AM

cash them with the chase app

and print the money?

Ergel · « **Reply #8 on:** October 03, 2013, 10:47:32 AM »

Quote from: how on October 03, 2013, 10:46:07 AM

and print the money?

I thought that's what plastic printers were for

chucksterace · « **Reply #9 on:** October 03, 2013, 10:48:20 AM »

Quote from: how on October 03, 2013, 10:46:07 AM

and print the money?

Yup. You don't have a money factory in your basement?

yuneeq · « **Reply #10 on:** October 03, 2013, 10:59:13 AM »

Quote from: SamKey on October 03, 2013, 09:08:46 AM

cash them with the chase app

I don't think it would work without a US ip address. Not like it would help anyways, as others have noted.

birne · « **Reply #11 on:** October 03, 2013, 11:05:33 AM »

Quote from: yuneeq on October 03, 2013, 10:59:13 AM

I don't think it would work without a US ip address. Not like it would help anyways, as others have noted.

-1000

I've been here (Israel) for the past year, and I've used both the chase and TD apps for mobile deposits, up to $2500.

Quote from: how on October 03, 2013, 10:46:07 AM

and print the money?

and if you have a standard td account, it's free to swipe in this country, and ATM withdrawals will cost you $2 per transaction .

If you have premier checking, then ATM withdrawals are also free.

Ergel · « **Reply #12 on:** October 03, 2013, 11:06:59 AM »

Quote from: birne on October 03, 2013, 11:05:33 AM

-1000

I've been here (Israel) for the past year, and I've used both the chase and TD apps for mobile deposits, up to $2500.
and if you have a standard td account, it's free to swipe in this country, and ATM withdrawals will cost you $2 per transaction .

If you have premier checking, then ATM withdrawals are also free.

Or a fidelity debit card then it's also free

moish · « **Reply #13 on:** October 03, 2013, 11:11:49 AM »

terrible news, hopefully they will resolve this soon

SamKey · « **Reply #14 on:** October 03, 2013, 01:48:26 PM »

Quote from: how on October 03, 2013, 10:46:07 AM

and print the money?

USAA checking has free wire transfers from other bank accounts and no ATM charges I'm not sure why you were even paying the 3%

how · « **Reply #15 on:** October 03, 2013, 02:21:27 PM »

Quote from: SamKey on October 03, 2013, 01:48:26 PM

USAA checking has free wire transfers from other bank accounts and no ATM charges I'm not sure why you were even paying the 3%

i dont have usaa checking. when you withdraw money from a atm here you pay zero fees?

how · « **Reply #16 on:** October 03, 2013, 02:23:02 PM »

Quote from: Red on October 03, 2013, 10:40:17 AM

http://www.jewishpress.com/news/breaking-news/americans-in-israel-stymied-as-us-check-clearance-blocked/2013/10/03/

doesn't seem like he knows what he is talking about

BBM · « **Reply #17 on:** October 03, 2013, 02:25:57 PM »

Quote from: SamKey on October 03, 2013, 09:08:46 AM

cash them with the chase app

+1.

Red · « **Reply #18 on:** October 03, 2013, 02:26:53 PM »

Quote from: how on October 03, 2013, 02:23:02 PM

doesn't seem like he knows what he is talking about

Nope, it doesn't look like anyone really knows as the people involved are doing what they need to and keeping their mouths shut.

how · « **Reply #19 on:** October 03, 2013, 02:28:01 PM »

Quote from: Red on October 03, 2013, 02:26:53 PM

Nope, it doesn't look like anyone really knows as the people involved are doing what they need to and keeping their mouths shut.

Or at least we can hope so