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Online IBAN Eurozone transfer?

  • 03-08-2008 10:48am
    #1
    Registered Users, Registered Users 2 Posts: 1,733 ✭✭✭


    Has anyone experience with a bank which offers immediate online transfer to Eurozone countries?

    BOI have a facility but it requires you to first register the recipient online, then wait for a letter with an activation code to be sent out, before you can complete the transfer - it would be quicker to go into the bank and fill out the standard form.

    Does any other bank offer a less convoluted and quicker way of doing a transfer online?


Comments

  • Registered Users, Registered Users 2 Posts: 2,119 ✭✭✭Tails142


    If you go into a BOI branch there is a small charge too, think its 50 cent or 23 euro for a faster version. (next day?)

    Takes forever for that activation code to arrive too, took about ten days when I tried last month. Dont know of anything else except maybe Western Union.


  • Registered Users, Registered Users 2 Posts: 1,835 ✭✭✭BoB_BoT


    the transfer isn't immediate iirc. the charge for a standard transfer online (using aib) is 0 you can choose an express option but you pay 12.50

    The last time I did a transfer to Germany it was 0.75 for a standard and 25 for an express. I've never had to "Register" a user, as you just fill in the details for the receiver including swift and IBAN number. However to confirm the transfer I think you need a code card which AIB send you for use with online banking.

    Also the standard transfer is a minimum of 3-4 days to transfer, whereas the express is as soon as possible, within the banks own time limits i.e. a cutoff time.


  • Closed Accounts Posts: 5,429 ✭✭✭testicle


    Zaphod wrote: »
    Has anyone experience with a bank which offers immediate online transfer to Eurozone countries?

    BOI have a facility but it requires you to first register the recipient online, then wait for a letter with an activation code to be sent out, before you can complete the transfer - it would be quicker to go into the bank and fill out the standard form.

    Does any other bank offer a less convoluted and quicker way of doing a transfer online?

    AIB allow you to do it without any convolution with their onlineb banking...


  • Registered Users, Registered Users 2 Posts: 454 ✭✭gernon


    Hi Zaphod, I have used the BOI euro transfer and it works ok . Like you said you have to register the account first then when you get the security code your in business. Money takes a cupla days to arrive so pretty much the same as in branch IBAN. Handy service though if you need to do regular transfers.


  • Registered Users, Registered Users 2 Posts: 1,733 ✭✭✭Zaphod


    gernon wrote: »
    Hi Zaphod, I have used the BOI euro transfer and it works ok . Like you said you have to register the account first then when you get the security code your in business. Money takes a cupla days to arrive so pretty much the same as in branch IBAN. Handy service though if you need to do regular transfers.

    I can see the benefit of the BOI approach if you're making regular payments to the same company. But I make fairly regular mail-order purchases from different companies in Germany so if I had to register a new recipient every time and wait for the letter, it would sort of defeat the purpose.

    I'll try out the AIB system.

    Thanks to all the above for the replies.


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  • Closed Accounts Posts: 102 ✭✭newbusiness


    National Irish **** let you do Eurozone IBAN transfers for free online with no hassle.


  • Registered Users, Registered Users 2 Posts: 3,601 ✭✭✭Kotek Besar


    I've used AIB internet banking loads of times, to transfer to banks in the UK and Germany. Takes about 3 working days to hit the recipient account, but it's easy and free.


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