Kaspar, I have an Online Cash Management Account (OCMA) with Direct Broking. I get many dividend cheques from Australian companies some of them pretty small. I then send these cheques to Direct Broking who put them into my OCMA at no cost and 3 days later the funds are cleared. These are then to be used to buy more shares or for whatever you want. I used to have to take these cheques to the bank at considerable cost but no more.