Transferring large sums of money to Euro

x43r0 · 27-03-2017 12:15PM #1

Has anyone got good advice on the most economic method of doing this?

Myself and the missus have been been saving for our wedding which will be be in Ireland so at some stage we'll have to start transferring money to our Irish bank accounts to start paying it off.

I've seen the likes of transferwise suggested as the cheapest method. Is this the case?

Also are we better off transferring in chunks of a few thousand now and again or lumping say €10k+ in one go?

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jimmii · 27-03-2017 12:52PM

I always use currency fair. I always offer it for sale instead of buying. It's a fairly busy market there and at this time of year I would imagine it wouldn't take long to match that sort of amount.

snowey07 · 27-03-2017 05:45PM

I use Transferwise - i found it easy to use and good value

exiledelbows · 28-03-2017 12:04PM

Second Transferwise. Used it to pay for my wedding in Ireland and then used it to transfer gift money back to the UK. Pretty painless and good rates.

theteal · 29-03-2017 07:50AM

I just checked my Revolut app. £10000 in one pop would cost ~€38 in charges. £5000 wound cost €0.22, £4000 is fee free. That app and card have saved me a good lump while travelling over the last few years.

razorblunt · 31-03-2017 01:21PM

+1 for Revolut too. All you need is the bank details of the Irish accounts, stay within the limits posted above and you're laughing.
Works incredibly well too as a point of sale card.

Transferring large sums of money to Euro

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