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Sterling account in Ireland ?

AnnaStezia · 2007-12-21 19:33:30

I am an Irish resident, citizen and taxpayer. I will be having regular dealings with the UK in the next few years for which I will be making periodical payments in sterling. Am I entitled to open a sterling account with the likes of AIB, BoI or whoever in to which I can deposit sterling for future use ? I am thinking that…

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21-12-2007 8:33pm

#1

AnnaStezia

Registered Users Posts: 289 ✭✭

Join Date: August 2005

Posts: 220

I am an Irish resident, citizen and taxpayer.

I will be having regular dealings with the UK in the next few years for which I will be making periodical payments in sterling.

Am I entitled to open a sterling account with the likes of AIB, BoI or whoever in to which I can deposit sterling for future use ?

I am thinking that it might be useful to be able to keep sterling in such an account when the rate is favourable as a possible hedge against fluctuations.

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#2 21-12-2007 8:35pm
SarahSassy

Registered Users Posts: 3,145 ✭✭✭

Join Date: April 2007

Posts: 2991

Its totally possible. You can organise it through your local Bank. I have one with Ulster Bank. Easy peasy...

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#3 21-12-2007 8:59pm
AnnaStezia

Registered Users Posts: 289 ✭✭

Join Date: August 2005

Posts: 220

Cheers !

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#4 04-01-2008 2:46am
VanHeusen

Closed Accounts Posts: 28 ✭

Join Date: November 2007

Posts: 26

I'm pretty sure permanent tsb has got personal accounts in Sterling, Dollar, Yen, Swiss Franc etc. Below is a link to their website:

http://www.permanenttsb.ie/pdf/Foreign-Currency-Deposits-ID.pdf

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