We are expecting a check from a Home Builder in the Philippines in Philippine currency. Can we deposit it in our bank here in the US and convert to US currency ?
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This would depend on your bank. Some Banks would offer you the services, other would not. Please note it may take a month or tow for the credit to hit your account as the check has to physically be sent by your Bank to a Bank in Philippines and get it encashed.
Dheer
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