Am I a genius or an idiot?

26-10-2011 3:17pm #1

Hey guys. I have a plan to transfer money from the Ireland to Uk without paying paying fees. If I transfer money using my mastercard to my williamhill betting account. Then withdraw money from william hill account to my UK bank account?

So genius or idiot?

billymitchell · 26-10-2011 3:18pm

Deleted User wrote: »

Hey guys. I have a plan to transfer money from the Ireland to Uk without paying paying fees. If I transfer money using my mastercard to my williamhill betting account. Then withdraw money from william hill account to my UK bank account?

So genius or idiot?

Is there a third option?

hondasam · 26-10-2011 3:19pm

how much are the fees?

who the fug · 26-10-2011 3:19pm

How much are Master card going to charge to convert punts Euros to Sterling

starlit · 26-10-2011 3:20pm

Seriously man, you be skinned alive transferring money from Ireland to the the UK there is a lot of red tape. You be adding more debt to your card if you do it that way, they will back date everything plus interest plus what ever tax be added in the UK with interest and inflation it could go up or down so could be landed with extra unnecessary excess charges and conversion charges so basically its a silly idea.

Giruilla · 26-10-2011 3:20pm

You'll get charged conversion fee's no matter what if you change to euro or sterling or vise versa.

smash · 26-10-2011 3:20pm

Where's the anonymous poll?

Snakeblood · 26-10-2011 3:21pm

Deleted User wrote: »

Hey guys. I have a plan to transfer money from the Ireland to Uk without paying paying fees. If I transfer money using my mastercard to my williamhill betting account. Then withdraw money from william hill account to my UK bank account?

So genius or idiot?

So like. Do you and mini_dazzler hang out?

Gee Bag · 26-10-2011 3:21pm

Can we have a poll on this?

CardinalJ · 26-10-2011 3:24pm

Bookies generally only let u transfer money back to the method you first deposited with.

Kasabian · 26-10-2011 3:27pm

The bookies are in a panic

meditraitor · 26-10-2011 3:37pm

You could also just take it out in cash, drive across the border and deposit it.....

sbsquarepants · 26-10-2011 3:43pm

Unless you're moving a small fortune, is it really worth the bother of trying to evade fees? The post office will exchange it free of commission, stick it in your pocket and off you go.
How much are you talking about, how much could the fees realistically be?

ShiresV2 · 26-10-2011 3:47pm

Unless the people that designed the William Hill site are a bit thick they will have a mechanism to prevent you from doing this. It's standard practice and is done to hinder money laundering.

Hank_Jones · 26-10-2011 4:24pm

Just PM me all the details and I'll look after it for you.

I have much experience with this sort of thing and am extremely trustworthy.

26-10-2011 4:35pm

Ah well. I use my irish credit card to put money onto my betting account and there is no conversion fees for my credit card because I am a student. I am allowed withdraw it to my RBS account

26-10-2011 4:36pm

Snakeblood wrote: »

So like. Do you and mini_dazzler hang out?

Sometimes he buys drugs off me.

srsly78 · 26-10-2011 4:37pm

"free fees" is a trick. Sure they give you free fees, but look at the lousy conversion rate you get :pac:

Mike 1972 · 26-10-2011 4:44pm

Deleted User wrote: »

So genius or idiot?

Can one answer this question without getting banned ?

Bobby Baccala · 26-10-2011 4:44pm

Stick it all in a tipperary water bottle and fúck it in the sea and then get the ferrie to england and wait for the bottle and punch the queen in the face.
Simples.

Kadongy · 26-10-2011 4:45pm

Mike 1972 wrote: »

Can one answer this question without getting banned ?

yes: "No."

bluto63 · 26-10-2011 5:12pm

Can't you transfer money to the UK by bank for free anyway?

stovelid · 26-10-2011 5:14pm

The 2012 nobel prize committee have been alerted.

Do proceed.

Mr. Manager · 26-10-2011 5:16pm

CardinalJ wrote: »

Bookies generally only let u transfer money back to the method you first deposited with.

Cheque withdrawal

whubee · 26-10-2011 5:22pm

Madam, This gentleman will be happy to transfer the monies from your bank account.

https://www.youtube.com/watch?v=5MTFauI8INY

OutlawPete · 26-10-2011 5:24pm

CardinalJ wrote: »

Bookies generally only let u transfer money back to the method you first deposited with.

Not so anymore.

Not sure about William Hill, but in an effort to compete with one another, Paddy's and Boyles both now allow you to withdraw cash in their shops, even when the money was deposited online with a card.

tunedout · 26-10-2011 5:27pm

when pokerstars went bust lots of deposit money was lost or went missing

MistyCheese · 26-10-2011 5:32pm

Okay, so, here's what you do,

1. Transfer the money into my bank account.
2. ???
3. Profit!

UglyBolloxFace · 26-10-2011 5:33pm

Deleted User wrote: »

Hey guys. I have a plan to transfer money from the Ireland to Uk without paying paying fees. If I transfer money using my mastercard to my williamhill betting account. Then withdraw money from william hill account to my UK bank account?

So genius or idiot?

You do realise that you can transfer from ROI to UK for free, don't you?

In Internet Banking choose "Standard" and not "Express" trasnfer, and you'll avoid any fees.