Ireland to Canada money transfer query

Crann na Beatha

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gary27

Phoenix wrote: »

Which bank or institution offers the best money transfer rates?

I am using http://www.currencyfair.com/ for my transfer, check them out

Tonto86

I put all my money in National Irish Bank and then.online transfered it in one go. They're one of the only banks with no limit on a transfer. In total it cost about €25 and was in my Canadian acc in 3 days. There's an option for a next day transfer for €75

meelyb

Tonto86 wrote: »

I put all my money in National Irish Bank and then.online transfered it in one go. They're one of the only banks with no limit on a transfer. In total it cost about €25 and was in my Canadian acc in 3 days. There's an option for a next day transfer for €75

What exchange rate did you get though if you don't mind me asking? Cos I will be considering the rate used as well as charges, thanks

gary27

I think currencyfair good offer a very good rate compared to the banks
if you check this website http://www.xe.com/ you see that one euro is worth 1.32 CAD
and if you check the currencyfair calculator on the their homepage: http://www.currencyfair.com/

you see their rate is the same as or close to that on the exchange site where as a bank in ireland may not offer such as good rate and if exchanged around 1000euro you save around 61CAD compared to a bank, the previous poster paid €25 fee for the bank to transfer funds where as currencyfair has a €3 fee.

meelyb

I use XE a good bit alright -mainly for online shopping! Currency fair seems a good option alrite, thanks Gary. You could give the Moving2Canada guy a run for his money with your help!

Tonto86

meelyb wrote: »

What exchange rate did you get though if you don't mind me asking? Cos I will be considering the rate used as well as charges, thanks

Good point. When I transferred it was 2c lower then the actual exchange.

gary27

meelyb wrote: »

I use XE a good bit alright -mainly for online shopping! Currency fair seems a good option alrite, thanks Gary. You could give the Moving2Canada guy a run for his money with your help!

thanks I like to save people money
the reason you get good rates and low fee with currencyfair is the money you want is really from another person who wants your money so it cuts out the bank and its hefty fees and low exchange rate.

leggit

currencyfair rate is usually about 4-5 cents better per euro than the banks for the most part.

Only a flat rate of $4 to transfer your funds also.

Haven't seen anything better

Tonto86

leggit wrote: »

currencyfair rate is usually about 4-5 cents better per euro than the banks for the most part.

Only a flat rate of $4 to transfer your funds also.

Haven't seen anything better

That's the best deal I heard of by far.