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Foreign currency lodgements

  • 08-06-2009 10:32pm
    #1
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭


    I know my bank couldn't sell me certain currencys before and they're closed now so can't call to see so hoping someone might be able to help me.

    I have some foreign currencys I'd like to lodge to my current account.

    Would I be correct in assuming the bank will let me lodge these even if they don't sell them in the branch?

    Thanks


Comments

  • #2
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,806 ✭✭✭GerardKeating


    Random wrote: »
    I know my bank couldn't sell me certain currencys before and they're closed now so can't call to see so hoping someone might be able to help me.

    I have some foreign currencys I'd like to lodge to my current account.

    Would I be correct in assuming the bank will let me lodge these even if they don't sell them in the branch?

    Thanks

    You cannot lodge Foreign Currency into an Irish Euro Bank account. They can buy the currency and give you Euro for it.

    They should accept most but not all currencies.


  • #3
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭Random


    Well to answer my own question ... I asked someone to go to the bank for me today and lodge the moneys. They wouldn't take the currencys that they don't sell.

    No harm done though :)


  • #4
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,806 ✭✭✭GerardKeating


    Random wrote: »
    Well to answer my own question ... I asked someone to go to the bank for me today and lodge the moneys. They wouldn't take the currencys that they don't sell.

    No harm done though :)

    Which currency, you might find some larger branches take it..


  • #5
    Victor
    Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    GerardKeating wrote: »
    You cannot lodge Foreign Currency into an Irish Euro Bank account.
    Yes you can. You can have foreign-denominated Irish-located accounts. Sterling-denominated accounts are perfectly common here.


  • #6
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭Random


    GerardKeating wrote: »
    Which currency, you might find some larger branches take it..

    RUB - Russian Rubles. Apparently you're not supposed to leave Russia with them ... or something. Anyways, no worries .. not rushing to lodge them as it's only a few euro.
    Victor wrote: »
    Yes you can. You can have foreign-denominated Irish-located accounts. Sterling-denominated accounts are perfectly common here.

    In my case lodging into my account involves me going up to the counter and them lodging them as euro. If it's quiet they'll usually just do it there and then and not fuss about going to the foreign exchange window and back and forth.


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  • #7
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,806 ✭✭✭GerardKeating


    Victor wrote: »
    Yes you can. You can have foreign-denominated Irish-located accounts. Sterling-denominated accounts are perfectly common here.

    I did not say you could not have foreign currency accounts in ireland, AIB will let you have GBP/USD/PHP/SGD/HKD/JPY/AED/SAR/ZAR/NOK/DKK among others.

    I say your could not lodge foreign currency into a EURO account.


  • #8
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,806 ✭✭✭GerardKeating


    Random wrote: »
    RUB - Russian Rubles. Apparently you're not supposed to leave Russia with them ... or something. Anyways, no worries .. not rushing to lodge them as it's only a few euro.

    Make friends with a Russian person and give/trade them the money ...


  • #9
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭Random


    Might buy meet one online :)


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