Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Sending money to UK, Why ULSB exchange rate differs from actual

  • 10-05-2021 1:21pm
    #1
    B-D-P--
    Registered Users, Registered Users 2 Posts: 1,167 ✭✭✭


    So I have to send a large sum to UK,
    The difference between Online exchange and the the amount Ulster Bank want me to send for the UK equivalent is big.

    Theres a few hundred lost.
    Can anyone explain why this is and is there anything I can do?


Comments

  • #2
    Spocker
    Moderators Posts: 6,871 ✭✭✭Spocker


    Thats Ulster Bank adjusting the FX rate in their favour, and they get to keep the few hundred. Have a look at cheaper services such as Currencyfair or Transferwise


  • #3
    B-D-P--
    Registered Users, Registered Users 2 Posts: 1,167 ✭✭✭B-D-P--


    Done that way, Thanks Spocker!
    Saved a good bit.


  • #4
    B-D-P--
    Registered Users, Registered Users 2 Posts: 1,167 ✭✭✭B-D-P--


    Edit to anyone who reads this in future,

    I sent from UB - Currencyfair at approx 3 on a Monday, buy 9am next morning it had arrived in currency fair, was converted to GBP and delivered to the motor dealer.
    This included time to verify my account with pics of proof of address ect.

    Great service, would highly recommend. Saved few hundred this way.


  • #5
    Gooser14
    Registered Users, Registered Users 2 Posts: 1,628 ✭✭✭Gooser14


    B-D-P-- wrote:
    I sent from UB - Currencyfair at approx 3 on a Monday, buy 9am next morning it had arrived in currency fair, was converted to GBP and delivered to the motor dealer. This included time to verify my account with pics of proof of address ect.


    When I worked abroad I used Currencyfair extensively & found it to be excellent.


Advertisement