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Transferring money to the North

  • 16-03-2011 1:46pm
    #1
    John368
    Registered Users, Registered Users 2 Posts: 122 ✭✭


    I live in Northern Ireland and on ocassions do some work for clients in the South. Often the amounts are small, say €50 to €200, so the transaction charges can be quite high. I usually use Paypal as that is a straight commission with no minimum fee, but for larger than about €200 it is quite expensive and I think the client is charged as well.

    Electronic bank-to-bank trasfer costs £6 plus exchange commission to receive and a eurocheque is £10 plus commission.

    Anybody have any other suggestions?

    John


Comments

  • #2
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,815 ✭✭✭GerardKeating


    John368 wrote: »
    I live in Northern Ireland and on ocassions do some work for clients in the South. Often the amounts are small, say €50 to €200, so the transaction charges can be quite high. I usually use Paypal as that is a straight commission with no minimum fee, but for larger than about €200 it is quite expensive and I think the client is charged as well.

    Electronic bank-to-bank trasfer costs £6 plus exchange commission to receive and a eurocheque is £10 plus commission.

    Anybody have any other suggestions?

    John

    Do you want your southern clients to pay in € or £

    Could you open an account in the south?


  • #3
    John368
    Registered Users, Registered Users 2 Posts: 122 ✭✭John368


    GerardKeating wrote: »
    Do you want your southern clients to pay in € or £

    Could you open an account in the south?

    Gerard

    I would want clients to pay in Euros.

    Opening an account in the south is something I might consider, if I get a lot more work but that is far in the future. For now it is not worth the extra admin.

    John


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