Is it possible to get a Sterling Bank draft made?

JohnCleary · 14-06-2008 7:40pm #1

Hi,
I want to pay someone in the UK with a bank draft - But their bank account is Sterling. I have a Bank of Ireland, standard Euro account... I presume it's not a problem to get a bank draft made out in Sterling?*

* No worries of fraud, I know the person and will be physicially handing it to him... He's the king of Nigeria

(JOKE!!)

Thanks in advance

CSC · 14-06-2008 8:33pm

No problem at all, just go into your bank and they'll do it.

JohnCleary · 14-06-2008 9:23pm

Good stuff, thought that alright. I'll try and get it done on Monday. Many thanks

unclebill98 · 15-06-2008 3:06am

If its for a large amount you can book the rate and get better value.

JohnCleary · 15-06-2008 9:49am

unclebill98 wrote: »

If its for a large amount you can book the rate and get better value.

Thank's for that, i'm going to ring them tomorrow (Monday) and ask if they can make it over the phone, and i'll collect it on Friday

unclebill98 · 15-06-2008 11:07am

JohnCleary wrote: »

Thank's for that, i'm going to ring them tomorrow (Monday) and ask if they can make it over the phone, and i'll collect it on Friday

Chances are they'll not do anything till your in front of them.

JohnCleary · 15-06-2008 12:07pm

unclebill98 wrote: »

Chances are they'll not do anything till your in front of them.

Thought that alright. I was just goign to try and ring ahead because the money is in a savings account, but is one of those 'Withdraw at any time, no penalty" accounts

What i'm confused about is that the letter I got from the bank (I'm with BOI) was from another savings society... They obviously have access to those accounts straight away in BOI I presume?

unclebill98 · 15-06-2008 3:53pm

JohnCleary wrote: »

Thought that alright. I was just goign to try and ring ahead because the money is in a savings account, but is one of those 'Withdraw at any time, no penalty" accounts

What i'm confused about is that the letter I got from the bank (I'm with BOI) was from another savings society... They obviously have access to those accounts straight away in BOI I presume?

Nooooooo,

I don't work for BOI, but there are people here that do. That does not sound correct. Banks to do share your info with 3rd partys unless you've given consent. Why would BOI give your details to another bank, they then stand to loose you money. I'd look into that.

cooper38 · 15-06-2008 4:03pm

if the sum is a few thousand try out xe or currency.ie. they offer better rates than the bank generally

stepbar · 15-06-2008 7:31pm

unclebill98 wrote: »

Nooooooo,

I don't work for BOI, but there are people here that do. That does not sound correct. Banks to do share your info with 3rd partys unless you've given consent. Why would BOI give your details to another bank, they then stand to loose you money. I'd look into that.

Your savings are prob with ICS Building Society (part of BOI Group).

unclebill98 · 15-06-2008 8:54pm

stepbar wrote: »

Your savings are prob with ICS Building Society (part of BOI Group).

There he is!

JohnCleary · 15-06-2008 11:30pm

stepbar wrote: »

Your savings are prob with ICS Building Society (part of BOI Group).

That's it! I thought it was ICS but I was afraid that I was getting ICS mixed up with Irish Computer Society

So could I just go up to a cashier with my statment from ICS (and photo ID) and ask for a Sterling bank draft to be made out. Take into consideration that my savings account states that I can withdraw an unlimited amount at any time with no penalties.

Thanks for the help

stepbar · 16-06-2008 9:33pm

Shouldn't be a problem as long as you have your ID. Bring your ATM card as your accounts should be linked together. Go to a Foreign Exchange cashier, however you may have to get the transaction cleared with a customer service offical first (well that how it goes in my branch anyhow).

JohnCleary · 16-06-2008 9:38pm

Excellent, thanks for the info

cooper38 · 17-06-2008 10:32am

Just remember that a sterling draft in the bank has poor rates. it depends on how much it is for. If its a small amount then i may be just as handy

JohnCleary · 17-06-2008 10:52am

cooper38 wrote: »

Just remember that a sterling draft in the bank has poor rates. it depends on how much it is for. If its a small amount then i may be just as handy

It's a large amount

I know it's going to cost me - i'll do my homework better next time

Is it possible to get a Sterling Bank draft made?

Comments