Question about book payout fees...

[theDonger]

Is it pretty industry standard to charge $70 for a person-to-person transfer of up to $799? In the past, I have only paid a smaller fee for the book to cut me a check. However I switched banks and they take 3-4 weeks to process a check from a canadian bank plus a $25 fee i think. I'm debating opening a 2nd checking acct simply to handle the freakin' canadian checks.

Any help out there guys?

 

[Betallsports]

just don't use BOA to make the deposits.. they will nickle & dime you to death

yeah those fees sound about right. Maybe some will charge $50

 

[thesandman1]

Bookmaker lets you use your loyalty points to pay their check fee, which is around $60 for up to $3,000 by Fed X or UPS.

 

[theDonger]

Bookmaker lets you use your loyalty points to pay their check fee, which is around $60 for up to $3,000 by Fed X or UPS.

yup, i'm seeing I have some reward points as well. I just wish I could get more than $799 via western union / moneygram and then I wouldn't mind the $70 so much...

 

[theDonger]

just don't use BOA to make the deposits.. they will nickle & dime you to death

yeah those fees sound about right. Maybe some will charge $50

First American charges $5 for canadian checks and claim to be able to process them within a few days. Feels weird having a checking account for a singular purpose tho

 

[FearTheRaven]

Heritage charges $50 but the fee is waved on one check per month. 3-4 weeks to process a check from a foreign bank? It should be 3-4 days.

 

[LecheMocha]

WF only charges $5 for Canadian check processing. Never had a problem. Checks from 5Dimes clear in a couple of days or less.
BOL.

 

[hitman009]

Bookmaker took 3-4 weeks to get their $$$. I use the fukig debit card from them.