Hi
I don’t dabble in the stock market but
I currently have shares held in Canadian Dollars from some years back. I want to cash them in and have to complete a form and send share cert.
My question is :
It costs $100 to get a bank transfer so I’m taking a cheque, although I need to see what it costs to cash/ lodge it in Irish banks
Should I take the cheque in CAD, USD , GBP or Euros ?
(These are the currencies offered)
Wise is an intermediary. It allows a sender to transfer to a local Wise bank account in their country (with a reference), and Wise forwards the money to you bank in your country. Their fee for doing so is often a lot less than doing a standard international bank transfer via SWIFT.
On the other hand, Revolut is a fully digital bank (no branches) which happens to often offer good value for sending money overseas. But I don't believe it has anything particuarly special to offer when it comes to recieving money from outside the EU. Basically, you'd have to pay the $100 SWIFT fee to recieve the money to your Irish Revolut bank account just the same as any other Irish bank account.