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Best exchange rate - €165k to US Dollars?

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  • 14-05-2007 6:48pm
    #1
    Dec McC
    Closed Accounts Posts: 265 ✭✭


    I need to change around €165,000 to US dollars. I had a quick talk with BOI and they said they give a better exchange rate the more you want to change.

    Just want to know who gives the best exchange rate for this amount


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    #2
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    You will need to give your local BOI a call. They will in turn give Global Markets a call, and one of the dealers will "book a rate". Its hard to say "exactly" what rate they will give because it all depends on the position of the market at the time.

    If you want to give BOIGM a call yourself, all the relivant numbers are here - http://www.bankofireland.ie/html/gws/capital_markets/contact/index.html#doclink2

    The USD Money Market Desk would be the one to call - 01 7993100

    However you will still have to go into the bank :)


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    #3
    dotsman
    Registered Users Posts: 3,636 ✭✭✭dotsman


    I used XEtrade a few years back to exchange several thousand dollars to Euro and found them to be by the cheapest at the time (you can book the rate yourself)


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    #4
    jackbhoy
    Registered Users Posts: 1,280 ✭✭✭jackbhoy


    stepbar wrote:
    You will need to give your local BOI a call. They will in turn give Global Markets a call, and one of the dealers will "book a rate". Its hard to say "exactly" what rate they will give because it all depends on the position of the market at the time.

    If you want to give BOIGM a call yourself, all the relivant numbers are here - http://www.bankofireland.ie/html/gws/capital_markets/contact/index.html#doclink2

    The USD Money Market Desk would be the one to call - 01 7993100

    However you will still have to go into the bank :)

    I'd give other banks a call too, just to check you are getting best deal......


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    #5
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    Never said he shouldn't.... Maybe you could advise the OP where to go in any event?


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    #6
    chump
    Closed Accounts Posts: 3,807 ✭✭✭chump


    search on askaboutmoney.com

    I know I have read of some irish lads with experience doing this with large sums and they saved a packet by avoiding the irish banks


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    #7
    jackbhoy
    Registered Users Posts: 1,280 ✭✭✭jackbhoy


    stepbar wrote:
    Never said he shouldn't.... Maybe you could advise the OP where to go in any event?

    Well tbh I don't have a whole lot of personal experience in exchanging $165k in cash but I'm sure if he calls all the major banks he will find some variance in rates/charges etc. and might save himself some money....


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