Foreign Cheque DepositTerms and ConditionsEffective from August 2016

These Conditions apply when you ask us to pay a Foreign Cheque into your current or savings account.

There are two methods we use in order to pay a Foreign Cheque into your Account; Negotiation or Collection. In both cases a £10 charge willbe debited to your Account.

Negotiation is normally quicker than Collection, however it is not available in all cases, depending on the value, currency and the country.Please check with us when you pay in the cheque.

If we pay by Collection we will usually have to use the services of another bank (called a Correspondent bank) to deal with the cheque for us.Their costs will be deducted from the final amount paid into your Account.

Negotiation:

n Payment by Negotiation can be used when the sterling value of the cheque is less than £5,000 and additional criteria can be met.

n The funds will normally be made available to you after six working days.

Collection:

n Payment by Collection is used if the sterling value of the cheque exceeds £5,000 or if certain criteria means the cheque cannot be paidby Negotiation;

n The funds will be credited to your Account when the cheque is paid. This is normally between 2-8 weeks, depending on the foreign bank.

In both cases, if the cheque is returned unpaid you will be liable for the costs set out in paragraph 1.4 overleaf.

Occasionally we are unable to deal with a foreign cheque and we will let you know as soon as possible if this is the case.

These Conditions are in addition to your General Account Terms and Conditions and both apply when you deposit a Foreign Cheque into yourAccount. If there is a conflict between these Conditions and your Account Conditions in respect of Foreign Cheque Deposits, these Conditionswill apply.

Ask in branch for more information

Foreign Cheque DepositTerms and Conditions

1 General Conditions1.1 Receiving your request to deposit a Foreign Cheque.

(a) You can ask to deposit a Foreign Cheque at any Santanderbranch in the UK.

(b) We can change the method of paying the Foreign Chequeif we have a valid reason to do so. If we change themethod of clearance, we will promptly notify you of thisby phone.

1.2 Refusal to deposit a Foreign Cheque.

We will not be able to pay the proceeds of a cheque into yourAccount if:

n there is insufficient available money (or insufficient availableoverdraft) in your Account to cover our fees for processingthe cheque;

n we suspect it may place us in breach of any legalrequirements;

n we suspect it relates to fraud or any other criminal act; or n you are in breach of any of these Conditions or the General

Conditions.

1.3 Fees and Correspondent Charges.

(a) You agree to pay our charges in relation to the ForeignCheque deposit. By paying the cheque into your Accountyou agree to these conditions including the debiting of therelevant charges.

(b) You will also be liable for any Correspondent chargesincurred in relation to the Collection of the cheque. Unlesswe tell you otherwise, we will deduct all Correspondentcharges from the proceeds of the cheque.

(c) You will also be liable for any Correspondent charges if thecheque is returned unpaid.

1.4 Unpaid Cheques.

(a) If a cheque is returned unpaid (sometimes called“bounced”) your Account may be debited with a £5 chargefor our costs in dealing with the unpaid cheque.

(b) If any Correspondent charges have been levied in respectof the unpaid cheque, these will also be debited fromyour Account. You will be notified in writing of any suchcharges as soon as possible after the debit. This applies toboth Negotiated and Collected cheques.

(c) If the cheque is returned unpaid and we have alreadycredited your Account, we will debit your Account withthe value of the cheque, using the exchange rates whichapply at the date of the debit. This means that yourAccount could be charged a different amount to theamount you originally received.

1.5 Your personal information.

When using established banking relationships to process yourForeign Cheque, personal information about you may need tobe provided to overseas authorities to comply with applicablelegal obligations and to prevent crime. This information mayinclude your full name, address, date of birth and accountnumber. By making your request you consent to us sendingthis personal information to such overseas authorities.

2 Foreign Cheque negotiationAfter we receive your request, we will provide or makeavailable the following information:

n the date on which we received your request; n a reference enabling you to identify the request; n the amount deposited into your Account in sterling; n the amount of any fees payable and, a breakdown of those

fees; and n the exchange rate used in converting the cheque from the

foreign currency into sterling.

3 Foreign Cheque collectionAfter we receive confirmation the Foreign Cheque has beenpaid, we will promptly provide or make available the followinginformation:

n the amount deposited into your Account in sterling; n the amount of any fees for the request payable by you and,

where applicable, a breakdown of those fees; and n the exchange rate used in converting the cheque from the

foreign currency to sterling.

4 Fraudulent TransactionsIn some countries, Foreign Cheques paid by Negotiation orCollection can be declared fraudulent for a period of up toseven years. Should this happen, we may debit the proceedsof the cheque from your Account (or recover the funds fromyou if your Account is closed). In this case we may debit yourAccount with the value of the Foreign Cheque, using theexchange rates which apply at the date of the debit. This meansthat your Account could be charged a different amount to theamount you originally received.

Santander is able to provide literature in alternative formats. The formats available are: large print, Braille and audio CD. If you would like to registerto receive correspondence in an alternative format please visit santander.co.uk/alternativeformats for more information, ask us in branch or giveus a call.

Santander UK plc. Registered Office: 2 Triton Square, Regent’s Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Telephone0800 389 7000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our FinancialServices Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register or by contacting the FCA on 0800 111 6768. Santander UK plc isalso licensed by the Financial Supervision Commission of the Isle of Man for its branch in the Isle of Man. Deposits held with the Isle of Man branch are covered by the Isle of Man Depositors’ CompensationScheme as set out in the Isle of Man Depositors’ Compensation Scheme Regulations 2010. In the Isle of Man, Santander UK plc’s principal place of business is at 19/21 Prospect Hill, Douglas, Isle of Man, IM1 1ET.Santander and the flame logo are registered trademarks.BA

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