Go Back  British Expats > Living & Moving Abroad > Europe > Republic of Ireland
Reload this Page >

Transfering money usa to ireland

Transfering money usa to ireland

Old Nov 16th 2014, 12:31 pm
  #1  
Forum Regular
Thread Starter
 
osgood's Avatar
 
Joined: Sep 2009
Location: Garth crooks shed
Posts: 114
osgood will become famous soon enoughosgood will become famous soon enough
Default Transfering money usa to ireland

Selling a house in usa..best way to transfer money to ireland..credit union or bank...
osgood is offline  
Old Nov 16th 2014, 6:40 pm
  #2  
Forum Regular
 
Joined: Jul 2014
Posts: 83
mrhappygolucky will become famous soon enoughmrhappygolucky will become famous soon enough
Default Re: Transfering money usa to ireland

Originally Posted by osgood
Selling a house in usa..best way to transfer money to ireland..credit union or bank...
Bank.
mrhappygolucky is offline  
Old Nov 18th 2014, 11:48 am
  #3  
Banned
 
Joined: Feb 2011
Location: Mallorca
Posts: 19,367
amideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond repute
Default Re: Transfering money usa to ireland

European bank --> European bank transfers are far less expensive than the UK bank --> European bank equivalent.

And as your transaction will be in Euros all the way, you won't have the potential for currency exchange ripoffs which British banks are legendary for, so again, Eur bank --> Eur bank is probably your best bet.

...however...

Due precisely to pathetic international services of British banks, an entire highly competitive industry of "international transfer services" have emerged in the UK, offering highly competitive rates on large transfers.

So, it may be worth comparing what your bank will charge vs. a "transfer service". I reckon your bank will still be the best bet ...or within a few Euros... But ASK! you might save hundreds.

OOPS! I misunderstood the question. I thought you meant Europe -- Ireland transfer.

In that case, you definitely need a transfer service that offers far better exchange rates than banks. A point or two difference in exchange rate can mean THOUSANDS in savings on large transfers.

Look up the many services available, such as XE.com. We use an Fx trading platform, which isn't a transfer service and is not in that business, although facilitates foreign transfers - but membership is a lot more cumbersome process, and is more than what you need.

Last edited by amideislas; Nov 18th 2014 at 12:08 pm.
amideislas is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.