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Commission free foreign exchange on BOI Graduate Account?

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  • 16-11-2010 6:31pm
    #1
    holidaysong
    Registered Users Posts: 401 ✭✭


    I'm just wondering can anyone tell me either way if foreign exchange transactions are commission free on a Graduate Account with BOI?

    I know I used to have this bonus when I had a third level account but when they wrote to me upgrading me to a graduate account there was no mention of it in the T&C so I assumed it was gone. I have searched their rates and fees on their site for both a third level and graduate account and there is no reference to the commission free offer.

    Anyway, I ask this because I went in and bought sterling today and chanced my arm and asked should it be commission free because I have a graduate account. The woman behind the counter said she thought it was and when I checked my receipt it has €0.00 commission on it. However, I've just checked a BOI foreign exchange receipt I have from a month ago that I still have (from a different branch) and I was charged commission that time.

    So which is it supposed to be?


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    #2
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,920 Admin ✭✭✭✭✭Toots


    Graduates are subject to foreign exchange commission fees. It sounds like she put yours through as student rate, which she shouldn't have done.


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