Money woes?

I received a cheque yesterday for an affiliate program I had forgotten about. Apparently, I’d earned a little bit of extra cash from Linkshare and they had sent me a cheque.

All good so far?

Money in hand is always good, yes? Especially USD with the strengthening USD against the RM now.

When I opened the envelope I could not help laughing at the amount. Look how much I got!

US$6.43 - It cost them over US$1 to send it all the way to me from the USA not to mention the admin costs etc. I’ve since logged into my account to set a limit for payment, and found that no more money is due to me - bah!

Now, I’m in a dilemma. How do I go about cashing in this cheque?

Previously, when I received a Google cheque in USD, I banked it into my account and it took about 2 months to clear. Apparently, they have to send it back to the USA to be processed and for that, the bank charges you a fee - anywhere between RM10 to RM20.

If I were to cash in this cheque of US$6.43 (RM20.58), practically the whole sum would be wiped out by the bank charges!

Worth it? Sigh… Got money also problem. No money also problem…

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  6. 9 comments ↓

    #1 beetrice on 05.22.08 at 10:39 am

    That’s so true…sometimes these people don’t think before they send - what’s the point of having all the money gobbled up by administrative costs?

    ** but then again, you didn’t even realise you had it…so…not a big loss? hmmm…

    #2 rinnah on 05.22.08 at 10:42 am

    Ahahahahaha! That is a pretty good dilemma to have, IMO.

    How come they don’t do PayPal wan? *scratch head*

    #3 may on 05.22.08 at 12:13 pm

    nah, I’d just frame it up, not worth the hassle… lol! hope you’ve been doing well my dear…

    #4 ParisB on 05.22.08 at 12:24 pm

    Beetrice: LOL yeah, especially when dealing with people overseas too!

    rinnah: yeah, no paypal… :(

    May: I’ve been well, and I know you are! :)

    #5 Adino on 05.22.08 at 1:32 pm

    Step 1: Delete this post
    Step 2: Tear the cheque in two
    Step 3: Send them an email saying the cheque got damaged in the mail. Oh, by the way don’t send me a replacement cheque just yet.

    Gasp I didn’t know I could be so dishonest!

    #6 Giddy Tigress on 05.22.08 at 3:13 pm

    Better than getting a cheque for USD1, then errr….you have to pay the bank? :P

    #7 Tine on 05.22.08 at 6:50 pm

    Oh hear hear Adino! So smart ah you :P

    Keep the cheque as a souvenir lor ;)

    #8 Andie Summerkiss on 05.23.08 at 12:55 am

    Err .. that’s a cute dilemma you are having. Go for Adino’s I’d say!

    Have a great weekend, Paris

    #9 Leah on 05.23.08 at 10:42 am

    Few years back, I found a $25 US cheque somewhere after being back here for 3-4 months, was told it would cost about $20 to cash a personal check (fees charged by banks on both sides). I just dumped it. :-)