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Sterling Bank Transfer

  • 22-03-2017 10:00AM
    #1
    mbradso2003
    Closed Accounts Posts: 261 ✭✭


    Hi 

    I am trying to transfer a sterling amount to family member.  I want to transfer fixed amount and absorb charges myself.

    Can this be done online or should I just transfer Euro amount?

    Thanks


Comments

  • #2
    Bank of Ireland: Nicola
    Closed Accounts Posts: 735 ✭✭✭Bank of Ireland: Nicola


    mbradso2003 wrote: »
    Hi

    I am trying to transfer a sterling amount to family member. I want to transfer fixed amount and absorb charges myself.

    Can this be done online or should I just transfer Euro amount?

    Thanks
    Hi mbradso2003, thanks for getting in touch.

    If you're making the transfer online to the UK then you'll have the option to make it in either Euro or Sterling. If you'd like to make the payment in Sterling then you'll need to set up the payee as an 'international payee'. If the payee is set up as a 'SEPA payee' then you'll only be able to transfer Euro.

    In relation to charges, you'll pay any Bank of Ireland charge (if applicable) you can check these charges here. But the beneficiary would need to pay any charges that might apply from their side (they'll be able to check this with their own bank).

    I hope this helps, please let me know if you need anything else.

    Thanks
    Nicola


  • #3
    mbradso2003
    Closed Accounts Posts: 261 ✭✭mbradso2003


    Bank of Ireland: Nicola wrote: »
    mbradso2003 wrote: »
    Hi

    I am trying to transfer a sterling amount to family member.  I want to transfer fixed amount and absorb charges myself.

    Can this be done online or should I just transfer Euro amount?

    Thanks
    Hi mbradso2003, thanks for getting in touch.

    If you're making the transfer online to the UK then you'll have the option to make it in either Euro or Sterling. If you'd like to make the payment in Sterling then you'll need to set up the payee as an 'international payee'. If the payee is set up as a 'SEPA payee' then you'll only be able to transfer Euro.

    In relation to charges, you'll pay any Bank of Ireland charge (if applicable) you can check these charges here. But the beneficiary would need to pay any charges that might apply from their side (they'll be able to check this with their own bank).
     
    I hope this helps, please let me know if you need anything else.

    Thanks
    Nicola
    Thank you Nicola


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