I have sent a certified check, in US dollars, from a bank in Spain to a bank in the US. The check is for $300,000 dollars and is being deposited into an escrow company's account. It has an official stamp and two signatures. How long should this take to clear?
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Clearance of international payments by check is not easily predictable because the laws concerning honoring and dishonoring checks vary so widely between countries, and the time that it takes for a check to be physically delivered for payment can be a factor. In your case, ask the Spanish bank if it can estimate the time, based on its experience in making remittances to the U.S.
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Clearance of international payments by check is not easily predictable because the laws concerning honoring and dishonoring checks vary so widely between countries, and the time that it takes for a check to be physically delivered for payment can be a factor. In your case, ask the Spanish bank if it can estimate the time, based on its experience in making remittances to the U.S.
