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Sterling account

  • 27-04-2015 10:58pm
    #1
    SeanJ09
    Registered Users, Registered Users 2 Posts: 449 ✭✭


    Hi, I am considering opening a sterling account as I deal in English pounds quite often. What are the benefits of opening a currency account?


Comments

  • #2
    Bank of Ireland: Elaine
    Closed Accounts Posts: 1,367 ✭✭✭Bank of Ireland: Elaine


    Hi SeanJ09, 

    Thank you for getting in contact with us here on Boards.ie and your interest in opening an account with us. 

    There are many benefits to opening a Sterling account with us and depending on the nature of your business, there may be several products which may suit your requirements. 

    Our Sterling Clear Current account offers you the flexibility to manage your own day to day banking with the addition of transaction free banking. You can find more information on this product here. Alternatively, please call 0044 800850444 from within the Republic of Ireland and a representative will be happy to discuss the suitability of this product to your needs. 

    To discuss the benefits of a Foreign Currency Deposit account please call our Treasury Team on 076 624 4330. You can also find more information on this product and its benefits here on our website. 

    We hope this helps and if you need any further assistance, please don't hesitate to contact us again. 

    Thanks, 
    Elaine 


  • #3
    SeanJ09
    Registered Users, Registered Users 2 Posts: 449 ✭✭SeanJ09


    Hi thanks for your reply. Just one more query. Lately I have been receiving many Euro foreign cheques ( from usually France and Spain) and have noticed the commission to be quite high, why is this?


  • #4
    Bank of Ireland: Billy
    Closed Accounts Posts: 1,066 ✭✭✭Bank of Ireland: Billy


    SeanJ09 wrote: »
    Hi thanks for your reply. Just one more query. Lately I have been receiving many Euro foreign cheques ( from usually France and Spain) and have noticed the commission to be quite high, why is this?
    Hi SeanJ09,

    Thanks for your post.

    You can view the full list of international fees and charges here

    Foreign cheques need to go through a clearing process and this can take 4 - 6 weeks. One option that might be worth considering would be electronic transfers to your account instead of cheque lodgements. This way, the funds would be available to you a lot quicker.

    Thanks

    Billy


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