C
.. the exchange rate doesnt seem great - about 0.8386 last week when exchange rate was at about 0.86.
Thanks for the answers folks.
I took a quick look at XE.com and have started the registration process at least to see what they are offering - have to admit I am a little bit nervous though about handing that much money over to a firm on the internet!
By all means shop around, but with the amount involved, you're probably limited to your own bank..
Hi,
I am looking for some advice on transferring a large sum of money (about €50k) from Euro account in Ireland to UK Sterling Bank account. I have a Bank of Ireland account in Ireland and I can transfer up to €5k per day electronically to my Bank of Scotland account for free but when it arrives at the BOS account the exchange rate doesnt seem great - about 0.8386 last week when exchange rate was at about 0.86.
Is there another way that I can get a better exchange or is this about as good a deal as I am going to get. Appreciate the help as this is going to be the deposit for my house!
Thanks!
They are not limited to their own bank at all - they have 2 separate accounts already . On 50k - if they could save as little as 1c in the euro - they would be 500 euro up - not bad for a half days work?
I have used Currency Solutions in the past with no problems.
There is no way I would trust an online service with 50K, regardless of the potential FX saving.
currency.ie guarantee same day payment to the UK and are regulated. They dont have transfer fees, xe have wire fees but told myself and the wife they dont
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