Thanks for that. Had a call from Transfermate yesterday, someone calling tomorrow to discuss the transfer. Is there any way of haggling or playing off some of these companies against each other to get a better rate?Haven’t used Currency Solutions but I did use Transfermate last year. Once you have sorted all the AML requirements it’s a very efficient service. Rates were good too.
My sister also uses them regularly for more frequent transfers to the UK & has had no problem. They even keep her up to date on rates in case she is considering a transfer.
No connection, just a happy customer.
No, on my account it's a monthly limit. I used revolut to pay part of my wife's car from a dealer up north. Had to use transferwise for the rest of it. Think it's different limits on each individual account.Are you sure it's a not a €5k daily limit ?
That would be more common.
I could but bank charges a lot more than using a transfer company. Potentially save hundreds of euro on a £11,150 transfer.Can you not just use your Debit card to transfer the money?
Hundreds? Have you checked with your bank what it would cost?I could but bank charges a lot more than using a transfer company. Potentially save hundreds of euro on a £11,150 transfer.
I'll ring permanent tsb and see what they would charge.Hundreds? Have you checked with your bank what it would cost?
Most use the Visa / MasterCard rate which is set the night before. It's got max 0.5% spread over interbank rates. Then their commission on top which is capped at about 12 euro.
So max it'd cost is around 70 euro.
I don't work in that area, so you'd need to confirm rates that you bank uses. For GBP the rate might be better.
The cap on commission only applies to debit cards, not credit cards, so makes debit cards better for large purchases.
Ah, PTSB I think have a transaction limit of 2500 per transaction.permanent tsb
Yes, it's €5000 per day. I rang and she couldn't tell me how much it would be cost to send just over £11k. So I might have go with transfer mate or transfer wiseAh, PTSB I think have a transaction limit of 2500 per transaction.
I may not have been as helpful as I thought.
Do you mind me asking how u did this, did u pay with your card in the car dealers?I bought a car in the North last year for a similar amount of money and I had no issues paying for it with my Revolut card.
Used the Revolut card for a purchase rather than a bank transfer.
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