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Large sum sterling to Euro exchange.

  • 09-10-2015 3:10pm
    #1
    223vmax
    Registered Users, Registered Users 2 Posts: 475 ✭✭


    If someone was to inherit £100K sterling. What would the most cost effective way of transferring to Irish high street bank into €? Is there a way to get a more preferential exchange rate and reduce bank charges rather than straight exchange?


Comments

  • #2
    CiniO
    Registered Users, Registered Users 2 Posts: 16,069 ✭✭✭✭CiniO


    Online service like transferwise or currency-fair, etc...


  • #3
    GreatDefector
    Registered Users, Registered Users 2 Posts: 540 ✭✭✭GreatDefector


    Revolut? In theory should work but not sure for such a large amount

    Transfer to € and then transfer to bank. Shouldn't be any fees


  • #4
    223vmax
    Registered Users, Registered Users 2 Posts: 475 ✭✭223vmax


    What protection is there for using services like currency-fair etc?? I look at it like your throwing money into an online abyss and praying the money shows up at the other end. Is the transaction protected in any way?


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