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Is it possible to get a Sterling Bank draft made?

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  • 14-06-2008 8:40pm
    #1
    JohnCleary
    Registered Users Posts: 10,210 ✭✭✭✭


    Hi,
    I want to pay someone in the UK with a bank draft - But their bank account is Sterling. I have a Bank of Ireland, standard Euro account... I presume it's not a problem to get a bank draft made out in Sterling?*

    * No worries of fraud, I know the person and will be physicially handing it to him... He's the king of Nigeria :D (JOKE!!)

    Thanks in advance


Comments

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    #2
    CSC
    Closed Accounts Posts: 653 ✭✭✭CSC


    No problem at all, just go into your bank and they'll do it.


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    #3
    JohnCleary
    Registered Users Posts: 10,210 ✭✭✭✭JohnCleary


    Good stuff, thought that alright. I'll try and get it done on Monday. Many thanks :)


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    #4
    unclebill98
    Registered Users Posts: 3,816 ✭✭✭unclebill98


    If its for a large amount you can book the rate and get better value.


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    #5
    JohnCleary
    Registered Users Posts: 10,210 ✭✭✭✭JohnCleary


    unclebill98 wrote: »
    If its for a large amount you can book the rate and get better value.

    Thank's for that, i'm going to ring them tomorrow (Monday) and ask if they can make it over the phone, and i'll collect it on Friday


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    #6
    unclebill98
    Registered Users Posts: 3,816 ✭✭✭unclebill98


    JohnCleary wrote: »
    Thank's for that, i'm going to ring them tomorrow (Monday) and ask if they can make it over the phone, and i'll collect it on Friday

    Chances are they'll not do anything till your in front of them.


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    #7
    JohnCleary
    Registered Users Posts: 10,210 ✭✭✭✭JohnCleary


    unclebill98 wrote: »
    Chances are they'll not do anything till your in front of them.

    Thought that alright. I was just goign to try and ring ahead because the money is in a savings account, but is one of those 'Withdraw at any time, no penalty" accounts

    What i'm confused about is that the letter I got from the bank (I'm with BOI) was from another savings society... They obviously have access to those accounts straight away in BOI I presume?


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    #8
    unclebill98
    Registered Users Posts: 3,816 ✭✭✭unclebill98


    JohnCleary wrote: »
    Thought that alright. I was just goign to try and ring ahead because the money is in a savings account, but is one of those 'Withdraw at any time, no penalty" accounts

    What i'm confused about is that the letter I got from the bank (I'm with BOI) was from another savings society... They obviously have access to those accounts straight away in BOI I presume?

    Nooooooo,

    I don't work for BOI, but there are people here that do. That does not sound correct. Banks to do share your info with 3rd partys unless you've given consent. Why would BOI give your details to another bank, they then stand to loose you money. I'd look into that.


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    #9
    cooper38
    Registered Users Posts: 88 ✭✭cooper38


    if the sum is a few thousand try out xe or currency.ie. they offer better rates than the bank generally


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    #10
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    unclebill98 wrote: »
    Nooooooo,

    I don't work for BOI, but there are people here that do. That does not sound correct. Banks to do share your info with 3rd partys unless you've given consent. Why would BOI give your details to another bank, they then stand to loose you money. I'd look into that.

    Your savings are prob with ICS Building Society (part of BOI Group).


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    #11
    unclebill98
    Registered Users Posts: 3,816 ✭✭✭unclebill98


    stepbar wrote: »
    Your savings are prob with ICS Building Society (part of BOI Group).

    There he is!


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    #12
    JohnCleary
    Registered Users Posts: 10,210 ✭✭✭✭JohnCleary


    stepbar wrote: »
    Your savings are prob with ICS Building Society (part of BOI Group).

    That's it! I thought it was ICS but I was afraid that I was getting ICS mixed up with Irish Computer Society :o

    So could I just go up to a cashier with my statment from ICS (and photo ID) and ask for a Sterling bank draft to be made out. Take into consideration that my savings account states that I can withdraw an unlimited amount at any time with no penalties.

    Thanks for the help :)


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    #13
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    Shouldn't be a problem as long as you have your ID. Bring your ATM card as your accounts should be linked together. Go to a Foreign Exchange cashier, however you may have to get the transaction cleared with a customer service offical first (well that how it goes in my branch anyhow).


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    #14
    JohnCleary
    Registered Users Posts: 10,210 ✭✭✭✭JohnCleary


    Excellent, thanks for the info :)


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    #15
    cooper38
    Registered Users Posts: 88 ✭✭cooper38


    Just remember that a sterling draft in the bank has poor rates. it depends on how much it is for. If its a small amount then i may be just as handy


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    #16
    JohnCleary
    Registered Users Posts: 10,210 ✭✭✭✭JohnCleary


    cooper38 wrote: »
    Just remember that a sterling draft in the bank has poor rates. it depends on how much it is for. If its a small amount then i may be just as handy

    It's a large amount :( I know it's going to cost me - i'll do my homework better next time


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