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Debit Card or Bank Transfer for Sterling Invoices?

theWARCHEST · 2023-09-27 13:55:16

Hi all, I've recently started importing from the UK. My wholesaler has offered me two ways to pay. I can either use my debit card and pay them through Worldpay or I can transfer the money to their account in the UK. Could anyone advise me which of these options would cost less in terms of transaction fees? I bank with AIB…

27-09-2023 1:55pm

#1

theWARCHEST

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Join Date: December 2012

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Hi all,
I've recently started importing from the UK. My wholesaler has offered me two ways to pay. I can either use my debit card and pay them through Worldpay or I can transfer the money to their account in the UK. Could anyone advise me which of these options would cost less in terms of transaction fees? I bank with AIB and I also have a Revolut account.

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#2 27-09-2023 2:54pm

Gloomtastic!

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If it was a personal account then Revolut would be the cheapest but last time I looked (a few years ago now), Revolut charged the same as BoI for business transactions.
Why not talk to AIB and see what they suggest.

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