Can you change a PayPal Cheque in Trinidad & Tobago?

Neo1983 · Postby **Neo1983** » October 16th, 2018, 7:09 pm

If you withdraw a cheque from PayPal, can you change in our banks?

88sins · Postby **88sins** » October 18th, 2018, 7:35 am

iirc most local banks will require you to set up a USD account to deposit it to.

TheBoostLord · Postby **TheBoostLord** » October 18th, 2018, 9:35 am

if you have a usd cheque and you wish to deposit in a ttd account, then you will have to purchase ttd at the bank's rate. It can take a few weeks to clear.

Postby **Duane 3NE 2NR** » October 18th, 2018, 9:59 am

You should be able to deposit any US$ cheque in your TT$ account, it just takes longer to clear.

hassanvoyeau · Postby **hassanvoyeau** » October 18th, 2018, 10:36 pm

I would ask the bank.

dean_spleen09 · Postby **dean_spleen09** » October 19th, 2018, 6:59 am

doest paypal transfer automatically to bank account ?
or u just want to save on fees....

pugboy · Postby **pugboy** » October 19th, 2018, 7:18 am

you can deposit a US cheque into a local usd account
but they will require 6 weeks or something like that to verify and clear it

Neo1983 · Postby **Neo1983** » October 19th, 2018, 5:24 pm

Thanks for the replies

Neo1983 · Postby **Neo1983** » October 19th, 2018, 5:26 pm

dean_spleen09 wrote:doest paypal transfer automatically to bank account ?
or u just want to save on fees....

Actually i don't have a cc or mastercard so i have to get the money somehow

88sins · Postby **88sins** » October 19th, 2018, 7:48 pm

now realize is a chq OP querying about.
deposit it to your ttd account but it'll clear in 4-6 weeks, at the exchange rate on the day it was deposited.
but, if it's going to be a regular thing open the usd account and PayPal will deposit directly to it, faster safer more convenient too.