1. No longer possible in the UK, banks stopped them end of either last year or year before. We couldn't take them here, didn't know they'd still be accepted in Ireland!
2. Back in DJC days...If the cheque was in the correct currency of the country where it was used for payment, correctly completed and supported by the Eurocheque card guarantee number on the back of the cheque, and for upto £100, there was a standard flat fee (it was either 90pence or £1.90, forget which) which made it one of the cheaper payment options for small orders from continental Europe at the time, even if many of the local bank clerks didn't know what to do with them! A few cheques came in for over £100, or incorrectly completed, or without card number, then I got stung as though it was an ordinary foreign currency cheque. Then the Euro came along and things got more complex. 3. From a bank charges standpoint, you are probably better off going for a card payment system like Paypal or similar. 4. Might prove cheaper, though slightly less secure, to take payment in draft, cash or slightly better, Travellers Cheques. But travellers cheques can be as insecure as cash, so make sure you get the customer to make them payable to you and only you, can't remember the details of how and haven't got any here to look at, but basically fill in a payee name, ensure it is account payee (or travellers cheque equivalent) only - again this was advice given to me in DJC days and might be out of date by now. 5. Since you are able IIRC to take ordinary GBP payments, why did you get a Eurocheque for a British order, or did the customer not know? Can you let me know what forms of payment you can take, as it will be easier to direct European orders for Launchpad to you, as customers can pay you in Euros. Dilwyn Jones > Just a query regarding Eurocheques. Mostly for the traders this one, but > any advice welcome... > > Typically, I have never had to deal in Eurocheques, as most of the orders I > process for Q-Celt come in via the Uk and I usually get UK personal cheques > or bank drafts, and sometimes cash. > > However, I recently got an order, and the customer paid by eurocheque. > > On going to my bank (which I WORK for!!) I was told there would be a 15 > euro charge for processing the eurocheque, plus I would be open to a charge > from Deutsche Bank also (an unknown amount, but probably something similar > to the one my bank were charging) as it would have to be sent to them for > cashing!! > > The cheque was for 48 pounds sterling - and nearly half of this would have > gone on charges if I had cashed it. > > Is this correct? How on earth are eurocheques therefore usable at all, > unless dealing in huge amounts? Am I doing something wrong?
