Opening a non-resident bank account in Ireland and international money transfer??

sam malone

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I live abroad but i have a fair few quid in a account with EBS that i wanted to transfer to a currency Forex company in the UK. Unfortunately, EBS cannot transfer the money electronically as it is only a book account.

I could get them to send a cheque and lodge it in my account abroad, but the fees for lodging foreign cheques are higher than if i used a currency trading company.

I was wondering if i might be able to open a separate Irish bank account, get a friend to lodge a euro cheque from the EBS into the new bank account and electronically transfer it to a currency trading company, then finally into my Bank here?

I have contacted nationwide Ireland, who told me that i need to be resident in Ireland. Is this the case with all Irish Banks? Anyone have any ideas how i might complete a transfer of Euro to a Forex company?
 
Hi, thanks for your response. EBS are aware that i live abroad.. I could open a debit account with them but €5000 is the limit to what they might electronically transfer, per day. I spoke to an agent from Bank of Ireland who said it would not be possible to open an account with them, as it would not be a 'working' account, as in, say, a deposit account.

I like the idea of asking my bank here if i can open a euro account, i will enquire.

Thanks again
 
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