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Steling account - options for private person in Ireland

  • 11-10-2019 01:42PM
    #1
    mickdw
    Registered Users, Registered Users 2 Posts: 23,855 ✭✭✭✭


    I want to hold some sterling. What is the easiest way to do this.
    I was googling but some are only for sterling payments in and out from uk.

    I basically want to buy some sterling now for purchasing a car in the coming weeks / months so will need a good exchange rate and then hold the sterling until needed.

    What should I do?


Comments

  • #2
    The high horse brigade
    Closed Accounts Posts: 4,456 ✭✭✭The high horse brigade


    mickdw wrote: »
    I want to hold some sterling. What is the easiest way to do this.
    I was googling but some are only for sterling payments in and out from uk.

    I basically want to buy some sterling now for purchasing a car in the coming weeks / months so will need a good exchange rate and then hold the sterling until needed.

    What should I do?

    Get a Revolut account. All you need to do is download the app and sign up. Big thread about it here

    https://touch.boards.ie/thread/2057481488/803/#post111481144


  • #3
    Neewollah
    Registered Users, Registered Users 2 Posts: 708 ✭✭✭Neewollah


    You can ask your bank to open up a Sterling account. I would be wary of using your bank to convert EUR to GBP as they can be quite expensive. I would recommend using a FX company to get a better rate on the GBP and get more value for your money.


  • #4
    Quackster
    Moderators, Regional South Moderators Posts: 6,052 Mod ✭✭✭✭Quackster


    Monese is another good option or Fire if you want to use an Irish company. All app-based.


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