Best way to transfer large euro amount to UK account

[JKetch]

I'm the executor for my late Mum and will soon need to transfer approx 130,000 euro to my brother who lives in the UK.

I could transfer from my AIB account but there is a 10,000 daily limit on internet transfers so I would have to do it over a few weeks, also his bank's exchange rate probably won't be particularly competitive.

I could use Wise but think I will still face the 10,000 daily transfer limit since I would need to move the funds from AIB to Wise before sending them.

This area is all new to me and I am hoping for advice on the best way to do this, thanks in advance.

 

[Brendan Burgess]

Key Post - The best way to transfer large amounts in euro to and from other currencies

Updated July 2014 The best way to do this is to use one of the money exchange services as they give rates better than the banks. (However, Chillaxed is getting better rates from Bank of Ireland on large regular transactions, around $500,000 a year) You can ring around a few of them and open...

www.askaboutmoney.com