• Stimulus US checks cashing

Hi, I live in Europe and have received US stimulus checks from the US Internal Revenues this year. is it possible to cash them on Bunq?

    @New-Teal-Lion-3640417588#234084 Hi there 👋

    You can receive the amount in two ways:

    1) If the amount is converted and sent in EUR to your EUR bunq account
    2) If the amount is sent in USD to a bunq local currency account in USD. You can find out how to create such here.

      @Nikoleta#234086 , thanks but actually I have concrete paper checks that i received by post from the IRS, hence my question is more around how to cash the checks. thanks!

        @New-Teal-Lion-3640417588#234091 cash the checks

        You cannot cash paper cheques at bunq. You can try to see if there are any other banks out there who can help you but on the whole, you probably won't have much success at Dutch banks.

          @Jakob-Y#234092 , oh. ok, thanks. that's disapointing. Stimulus checks during Covid or rather an extraordinary measure. I appreciate paper checks might be a thing from the past but again situation is exceptional. Missing an opportunity of 2000 USD per expat in emea is rather a missed business i think. let me know if Bunq revise it's position before all expats cash their check in another bank.
          thanks for the fast answer nonetheless

            @New-Teal-Lion-3640417588#234093 There is no other Dutch bank that still accepts cheques. The infrastructure doesn't exist anymore in the Netherlands. Cheques are really a thing of the past here.

              Precisely! isn't the point to do differently than the old fashion banking?
              And if every banking is missing on this, it is a missed business of roughly 9 billions USD...

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