Hi All - on occasion I need to move large amounts of cash (100k +) from my Irish account to Transferwise's Netherlands based host account where it gets converted & transferred into my GBP / USD account
Hi Christy,
Welcome to AAM.
How’s the weather in Marbella?
Gordon
No Irish bank (now Rabo is gone) makes it possible to move your lump sum savings all online to another bank /transferwise without going through hoops.
N26, which is open to Irish residents, makes the transfer process easy without hoops.
Am I right in thinking N26 is a current account only? Rabo had the advantage of being able to transfer money quickly from an interest-bearing account. I know it doesn't make much difference with current interest rates but as a general principle ... that would make N26 only useful as a staging account which still leaves the problem of how to get large chunks into it from elsewhere.
Quick Update -
Apparently Revolut allows theoretically unlimited SEPA transfer from your account.
Revolut isnt a bank but rather payments intsitution and your cash is held in a segregated account with Lyod's. No interest either
Raisin + N26 would be the answer alright
Not sure if you missed my reply but AIB or BOI can remove this limit for you.
Wow and give you unlimited not capped withdrawals?
Not sure if you missed my reply but AIB or BOI can remove this limit for you.
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