Does an American cheque banked in Australia stay at American value?

when a cheque from Chase bank New York deposited at Commonwealth bank in Australia , does the exchange rate effect the amount the cheque is made out for ?

Does an American cheque banked in Australia stay at American value?commericial loan

Usually, the amount will be calculated in Aussie dollars at the rate in effect on the day of banking. You will be charged a fee for banking any foreign currency cheque.

Does an American cheque banked in Australia stay at American value? loan

if you are sending american dollars here you should get more i would say|||yea. they will use their local exchg rate|||The amount that appears in your account will be for the equivilant Australian amount.So if the check was for, say, $50US, your account will be credited about $62.