This isn't very good service, I have the impression that perhaps they did these previously, maybe they no longer do so with SEPA?
In general, your best plan is to open a UK Sterling a/c (in Britain or NI as convenient) and transfer funds yourself with Transfermate on the day of your choosing (as the rate goes up and down). Presumably you spend some sterling also so this would prevent changing it twice.
I'm finding it difficult to find a bank that will open an account for me in the UK without having proof of address there. I commute weekly between Ireland and the UK and the company pays for me to stay in hotels.Is there any reason you can't get a UK bank account? That is typically what people do when they work in the UK....
I'm finding it difficult to find a bank that will open an account for me in the UK without having proof of address there. I commute weekly between Ireland and the UK and the company pays for me to stay in hotels.
A quick trip to Newry might be in order, especially if you have been with AIB, First Trust should be able to help you.
I opened a sterling account a couple of years ago with Ulster Bank in Newry and found it very straightforward. I didn't have to visit them as it was only a current account.
Your employer in the UK should have a word with their bank and ask them to help out an employee.
I phoned Ulster Bank in NI tthis week as I wanted to open a Stg£ account as I sometimes receive small Stg£ cheques.
I was told I would have to appear in person in Newry to do this, which isn't really possible for me at present.
What is the best alternative?
What about Revolut or similar? They do multi currency.
I'm amazed that Transferwise would be unsure if this could be done - it's one of their main functions. TW has a borderless account that will give you UK bank details that your employer can lodge your salary to. You can then convert to euros at excellent rates and very low commission and send the money to your Irish bank account. They also have a multi-currency debit card that you can use to spend whatever currencies you are holding.I have been trying to find out if it is possible to use one of the currency conversion companies such as Transfermate or Currencyfair so that my employers would transfer my salary to one of these companies and that they would carry out the conversion and then transfer my salary payment to my KBC account in Euro. I have asked the question of both but the people I have spoken to in both have never encountered a situation like this and could not give me an answer. Has anyone any suggestions to get around this
Do they do cheques?
The UB website suggests that a non UK resident can open account onlineI phoned Ulster Bank in NI tthis week as I wanted to open a Stg£ account as I sometimes receive small Stg£ cheques.
I was told I would have to appear in person in Newry to do this, which isn't really possible for me at present.
What is the best alternative?
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