Indians - Please post here your experience and procedures with Mturk cheque cashout

Discussion in 'General' started by Munawar Mohamad, Apr 27, 2012.

  1. Please let know others in details what are your regular procedures and experiences with your respective banking partner in cashing out the cheque issued by Mturk

    Give your bank name and the formalities involved and the time taken by them to deposit the cheque amount

    Also let know if you are aware of any new techniques to cash out in the best manner

    Thankz guys :)
     
  2. Spidermmm

    Spidermmm User

    I deposited my check on 20th april in AXIS bank. Am having account in it. And the money is credited to my account today. The bank has taken one week to process my check.
     
  3. State Bank of India, it takes 2 to 3 days to be credited.
     
  4. what was the procedure ? Did u submit the cheque to an officer there ? Or put the cheque along with deposit slip into the drop box ?
     
  5. gourab

    gourab User

    I have couple of query,
    I don't have PAN card,only have voter ID card,but the address in the card is different from where I presently live.Should the address in the voter card and the address where cheques to be delivered have to be the same?or will have to put address in the time of withdrawing?

    Another is which postal service generally they use? Ordinary Indian post? Speed Post? or some other courier service?like blue dart or something like that?
     
  6. The address for the cheque need not be the same as the one on your verification form

    and they send it thru ordinary post...not courier or speed post...Thank you
     
  7. Spidermmm

    Spidermmm User

    I just filled the slip and pinned it with check and dropped it in the check box. The money credited to my account in a week.
     
  8. IndiaLove

    IndiaLove Banned

    ddddddddddddddddddddddddddddddddd
     
    Last edited by a moderator: Apr 29, 2012
  9. BMW-M3

    BMW-M3 User

    You are actually paying more. IF you withdraw $300, you end up paying $30. Whereas I would pay $4 and consider another $5 due to exchange rate differences.

    But then, you don't have to go through the agony of waiting for your money.
     
  10. Nice info...Appreciation
     
    Last edited by a moderator: Apr 29, 2012
  11. IndiaLove

    IndiaLove Banned

     
    Last edited by a moderator: Apr 29, 2012
  12. As per case I will give the things in detail.

    Mar 14 : I requested my 3rd cheque
    Mar 15 : Got a confirmation email from Mturk Team telling me about the conversion in INR.
    Mar 19 : It is given as the Cheque Issued Date.
    Mar 26 : I got my cheque by ordinary mail.
    Mar 27 : I put it in my SBI bank account for collection (banker told that it will take 1 week for collection)
    Mar 30 : The amount is in my account :)
     
  13. Spidermmm

    Spidermmm User

    For me :

    1st check :

    I requested check on : Apr 9th
    Got conformation on : 12th apr
    Received my check on : 18th Apr
    Deposited the check on bank : 20th Apr
    Received money on my account : 27th Apr.

    2 Nd check :

    Request check on : 16th Apr
    Got Conformation mail : 19th Apr
    Received my check on : 1st may
    Deposited on bank : 1st may.
    Waiting for the money to be in my account.. :)
     
  14. Which bank is yours, Spidermmm?
     
  15. Spidermmm

    Spidermmm User

    Am having axis bank account. It taking a week to process the check.
     
  16. depositted on 24th april at SBT...and still waiting :(
     
  17. Munawer Bro,
    You will have to go and inquire about your cheque and why delay in the deposits. Go to that bank and ask that.
     

  18. But the offical ther had told me it would take almost 2 weeks if its a cheque of different bank..and also its given on the bank rules & Guideline..So will wait tile tuesday when it happens to be 2weeks
     
  19. ok, then no problem. Wait till 2 weeks to reach.
     

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