Google Cheque Bank Clearance

My Google cheques are cleared! This time it took roughly one month to clear into my Maybank account. I received 2 Google cheques in November 2006 and early January this year. I only got around to bank in my cheques on Valentine’s day, 14 February. It took roughly ONE MONTH for clearance and finally it’s in my bank account.

Google Cheque Bank Slip
Bankslip dated 14 February 2007

Just today when I was doing some bill payments via Maybank2U, I noticed that the 2 cheques are cleared.

Google Cheques Clearance
Screen capture from Maybank2U.com

If I’m doing the calculation right, Maybank actually charged me 12% for processing fee for each cheque.

Processing fee for cheque clearance from Maybank:
RM483.35(156.33 x 3.50) - RM547.15 = RM63.80

Processing fee percentage:
RM63.80/RM547.15 x 100% = 12%

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    4 Comments »

    Comment by SoGua
    2007-03-15 16:53:33

    Hi Leng Chai,
    Dun banking using Maybank.
    Maybank is a big crocodile.

    Use BCB or now they change to CIMB.
    RM10 processing only.

    like this u can save RM 50 n
    go for a good meal

    look for some good place to eat come visit
    my friends blog => yummycorner.com

    sorry ya, use ur blog to do some promo hehe

     
    Comment by galvin
    2007-03-15 17:03:00

    Unfortunately, my BCB account is no longer active. Maybank is treating me well so far. I’ve got no complaints about the RM60 charge. It’s free money to me at the end of the day :)

     
    Comment by lilian
    2007-03-15 22:57:57

    Ditch Maybanklah. I used to bank in there too and kena RM65 each cheque. Now I open an account with CIMB(upon’s liewcf’s advice) and kena only like RM15.

     
    Comment by Preeja
    2007-03-23 02:47:22

    Hi,
    You can get checques like this. It’s true.

     
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