Had to hold a US Treasury check for 3 months until BDO could send via their currier now that flights resumed - BDO Manila Hq has to give it the sniff test because over $10k. So yesterday told me the good news they could finally send; however, fees now $35 instead of $5 and 7-8 weeks instead of 21 days. It probably took 2 months to arrive in the mail plus the 3 month no currier plus 2 months Manila time so around 7 months. I hope there is not a 6 month expiration on government checks! My fault because I initially sent the VA incorrect direct deposit number. Bad mistake.
I'm surprised USA is one of the few countries around the world that still relies heavily on checks as payment. In Europe this is more or less a thing of the past. This all the more because US is a leading nation when it comes to computers and banking. Gesendet von meinem SM-N950F mit Tapatalk
i deposit personal checks here at the RCBC bank where i have three accounts. i also experienced the "no courier" two month delay. my last depost of a personal check was last week and i was advised of a 5 dollar fee and 22 working days delay to honor the funds here in dumaguete. i was told the manila invovement is philippine government rules as is the fee for handling the check?? my bank in the US advised of the check clearing my bank after only 3 working days of being deposited here. just fyi. have no idea how a "treasury check" would influence the flow of events. i have had almost seven years experience here depositing personal checks and covid is really my first issue. otherwise it has been the least expensive way to transfer funds, tho not the fastest.
I can't recall the last time I received a physical check from an employer or the government (tax returns, military/civilian salary, VA payments). Everything has been direct deposited in to my accounts for a long time. Not sure why so many receive paper checks still, maybe it has something to do with foreign banks? Distrust of the government and an unwillingness of people to provide them with banking information? (Not as if they couldn't obtain that information if they really wanted it.) An aging population that doesn't trust technology? Paper and ink companies that lobby to make sure direct deposits aren't the default payment option?
Its progress mate. Having got use to the Tap and Go in use in Australia I find it strange to have to carry a bulging wallet in the Philippines but it is slowly catching on. I remember the days when it was cash only in Le Plaza.
Here is a post where I describe how to use an App on your phone to deposit the check. https://dumagueteinfo.com/board/threads/i-think-it-is-a.57501/#post-224141
Actually, not really true. Only once in a while do we see people at USA supermarkets and other stores holding up the lines as they write personal checks (and balance their checkbooks etc.). Personal checks are becoming a thing of the past, replaced largely by debit cards and credit cards. The check writers tend to be elderly but there are a few younger people who cling to the old ways. Most employers pay salaries by direct deposit except, for McDonalds for example, where 16 year olds work less than 40 hours. Most govt reimbursements are direct deposit; for Pat the checks were more of a backup due to a failed direct-deposit attempt. Some of the poorer members of the community and illegal immigrants in the US don't have (cannot get) bank accounts, debit or credit cards due to lack of, or poor, credit scores so they often use checks and even have special check cashing establishments in the poorer and lower middle class neighborhoods. Checks and cash are their only option. We haven't refilled our checkbook for at least 5 years.
