The SEB Bank cashes (pays) cheques issued by foreign banks as well as pension cheques and money orders.

To have your cheque paid in cash, visit a specified  SEB bank unit and present:

• Your personal identity document
• A written cheque
• A special application form completed at the bank

The presented cheque must contain the following information:

• cheque recipient (who is the only one authorised to receive the amount specified on the cheque)
• Currency and amount (in numbers and words)
• cheque issuance date
• cheque issuance location
• Signature of the cheque issuer

The amount provided on the presented cheque is credited to your SEB bank or account tied to a payment card account without changing the currency in three to four weeks. The time it takes to transfer money to you depends on the type and currency of the cheque.

A cheque does not guarantee money disbursement, therefore, we recommend our customers accepting cheques only from trustworthy individuals. Please note that you are taking the risk of a cheque drawer’s reliability. Even if money is disbursed, you will have to refund relevant full amount to SEB bank in case a corresponded bank announces your cheque insolvent or dishonoured and, if your account balance is insufficient, the bank will anyway claim a refund.

Our bank is not responsible for the correctness of cheque details or actions of other banks, or any other circumstances beyond the control of the bank resulting in a loss for the cheque recipient.

For more information about bank accounts, money transfer, other related services and applicable charges and terms please call our 24/7 line at 1528 or visit a SEB bank unit of your choice.