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Sterling bank draft issue

  • 19-07-2019 05:01PM
    #1
    Ally Dick
    Registered Users, Registered Users 2 Posts: 12,786 ✭✭✭✭


    I'm curious as to what is happening here. I went to my BOI branch to get a sterling draft to pay the UK pension board. I was told that it was not recommended to get a draft as "UK banks are not clearing them now". I was advised to pay them directly using a BIC and IBAN. Ok I can do this instead. Just wondering the reason behind this. Is it a symptom of Brexit?


Comments

  • #2
    Bank of Ireland: Jennifer
    Closed Accounts Posts: 490 ✭✭Bank of Ireland: Jennifer


    Ally Dick wrote: »
    I'm curious as to what is happening here. I went to my BOI branch to get a sterling draft to pay the UK pension board. I was told that it was not recommended to get a draft as "UK banks are not clearing them now". I was advised to pay them directly using a BIC and IBAN. Ok I can do this instead. Just wondering the reason behind this. Is it a symptom of Brexit?

    Hi Ally,

    Thanks for getting in touch with us here today. We can certainly check this out. Can we ask that you send us a private message with a bit more information such as the UK bank the draft would be going to e.g the pension board bank.

    thanks Jen


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