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Best way to pay in sterling from euro?

  • 06-04-2010 12:05pm
    #1
    kebrosnan
    Registered Users, Registered Users 2 Posts: 57 ✭✭


    Hi all,
    I plan on going to the UK shortly to purchase a car which I expect to be costing around £20k ish. I'm an AIB customer and am wondering what is the best and cheapest way to do this? I will know the exact cost before I travel and plan to pay the trade seller when I get there, planning to fly over that morning and return via the boat that evening.

    I suppose a sterling draft would be the obvious choice but am fearful the exchange rate would not be in my favour. I could do an express electronic transfer but could that be done within the space of an hour or two while I wait with the dealer? What other options are available to me?

    Any and all suggestions are welcome here.


Comments

  • #2
    copacetic
    Subscribers Posts: 16,616 ✭✭✭✭copacetic


    www.transfermate.com

    Irish based, see the various experiences on the uk import threads. They transfer quicker and at better rates that the banks. If you tell them to transfer at say 9am, money should be there by lunchtime, although I think they will only guarantee same day.

    The banks will only do the same if you do it by 10am but don't open til then, so don't do same day stuff!


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