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any charges for account to account transfers?

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  • 03-01-2011 3:24pm
    #1
    joey2011
    Closed Accounts Posts: 11 ✭


    if i walk into my bank of ireland branch and transfer some money from my account to my brothers account, will i be charged for this? are there any fees or is it free? thanks


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    #2
    GerardKeating
    Registered Users Posts: 7,652 ✭✭✭GerardKeating


    joey2011 wrote: »
    if i walk into my bank of ireland branch and transfer some money from my account to my brothers account, will i be charged for this? are there any fees or is it free? thanks

    If you walking into a branch and do this, it's not really a transfer, it's a cash withdrawl and a lodgement.

    As to the fees, all depends if you (and brother) have free banking..


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    #3
    joey2011
    Closed Accounts Posts: 11 ✭joey2011


    but the amount i want to transfer is €5000. probably a bit over the maximum you're allowed to transfer..

    anyway if i was charged for it, would it come directly out of the €5000 or would it come out of my remaining €1000?
    how much should i expect it to cost if i have to pay?


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    #4
    JTMan
    Registered Users Posts: 5,540 ✭✭✭JTMan


    Do it using online banking where it is free.

    Otherwise, just ask in the bank if there are any fees. The fees should be no more than about 1 EUR.


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    #5
    coylemj
    Registered Users Posts: 25,437 ✭✭✭✭coylemj


    Go into a branch of Bank of Ireland, fill in a withdrawl slip for your account and a lodgement slip for your brother's account, put the two slips in an express lodgement envelope and shove it in the mail box provided, then walk out and don't look back!


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