Urbo logo
Urbo logo
Internet banking
Private Business
19 300 Branches
  • Document Portal
  • FAQ
  • Contacts
  • Career
  • Document Portal
  • FAQ
  • Contacts
  • Career
frontend.header.english flag LT
Private Business
Internet banking

Financing
  • Mortgage loan
  • Mortgage loan refinancing
  • Consumer loans
    • Consumer loan
    • Home improvement loan
    • Car loan
Savings
  • Term deposits
  • Savings deposits
Daily banking
  • E-banking
  • Payment cards
  • Service plans
  • Payments
    • Payment orders
    • Money transfers
    • Cashing a cheque
    • E-invoice
  • Currency exchange
Other services
  • Rent of individual safe deposit boxes
  • Insurance
    • Travel insurance
    • Personal insurance
    • Compulsory motor insurance
  • VAT refund

Financing
  • Loans
    • Investment
    • Credit line
    • Leasing
    • Replenishment of working capital
    • Overdraft
  • Financing with ILTE
    • Open Credit Fund 3
    • Portfolio guarantees 3
    • Individual guarantees
    • Guarantees for agriculture
    • Risk-sharing loans
  • Trade financing
    • Factoring
    • Guarantees
    • Documentary collection
    • Letters of credit
  • Agricultural loans
    • Credits for investment
    • Credits to purchase land
    • Credits to purchase machinery
    • Credit for direct payments
    • Leasing
    • Credit line
Saving
  • Term deposits
Daily banking
  • E-banking
  • Payments
    • Payment orders
    • POS terminals
    • Cashing a cheque
    • E-invoice
  • Service plans
  • Business accounts
  • Currency exchange
Other services
  • Insurance
    • Travel insurance
    • Personal insurance for employees
    • Compulsory motor insurance
  • Rent of individual safe deposit boxes

Our practice
  • Our aspirations and values
  • Management
  • Sustainability
For investors
  • Essential events
  • Bonds
  • Financial statements
News
  • Announcements
Business

Cashing a cheque

Home Business Payments Cashing a cheque
  • Payment orders
  • E-invoice
  • POS terminals
  • Cashing a cheque

Cashing a cheque

This service is for those who wish to receive funds by bank cheque in EUR, GBP from the EU and Great Britain

Rates
Image cashing-a-cheque

The bank accepts bearer cheques in euros (EUR) and British Pounds Sterling (GBP)
The cheque must be presented for cashing less than 5 months after the date of issue. When the cheque is cashed, the amount indicated on the cheque, after deduction of bank charges for cashing the cheque, will be transferred to the Urbo bank account specified by you.
The Bank accepts cheques issued by the EU (except Greece, Austria), British, Norwegian and Canadian banks.
Most cheques are cleared in around 5–9 weeks, but in some countries (e.g., France) the banks take longer and often take up to 10–13 weeks to clear/return a cheque.
You must also pay the fees if the cheque is returned unpaid (e.g., when the person who wrote the cheque cancels it or does not have enough money in their account to pay it).
The process of cashing cheques from foreign banks is lengthy and costly, so we always recommend that you use other methods to receive funds instead of paying by cheque, such as: a European payment in EUR from a SEPA country or an international payment in GBP.
In the case of regular business-to-business commercial cheque payments, Urbo Bankas may, prior to providing cashing services to the cheque payee, require to provide valid reasons why the cheque drawer is unable to settle by other methods recommended for Urbo Bankas’ business-to-business customer settlements.

Frequently asked questions

The bank accepts bearer cheques in euros (EUR) and British Pounds Sterling (GBP). The Bank accepts cheques issued by the EU (except Greece, Austria), British, Norwegian and Canadian banks.

  • Share
  • Copied

The cheque must be presented for cashing less than 5 months after the date of issue. When the cheque is cashed, the amount indicated on the cheque, after deduction of bank fees for cashing the cheque, will be transferred to the Urbo Bankas account specified by you.

  • Share
  • Copied

Have any questions?

19 300 Get in touch Contacts
Urbo logo
  • LinkedIn
  • Facebook

Need help?

19 300
  • Contact us
  • Bank branches
  • Violation form
  • FAQ

General bank rules

  • Documents
  • Rights when making payments
  • Prevention of money laundering

Information

  • Price list for services and transactions
  • Interbank interest rates
  • Digital safety
  • Property valuers
  • Developers platform
  • Privacy policy
  • Cookies policy
  • Cookies
  • Accessibility
Download the app from
Google Play App Store