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Best FX rate or dollar account

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  • 04-12-2012 11:01pm
    #1
    KyussBishop
    Closed Accounts Posts: 5,797 ✭✭✭


    I get regular payments from the US, which used to be an every-few-months thing but is now every couple of weeks, and I'm noticing that BoI are hitting me with a €5 foreign exchange charge every time, which is stupidly expensive and will cost me €120 a year now.

    Is there a bank with an acceptable FX rate and charge, or (failing that) a bank which can give me a good dollar account?

    BoI do a dollar account, but they want me to keep minimum £10,000 (sterling equivalent) worth in it to avoid maintenance charges, so (considering that plus the FX gouging) screw them; any better?

    Any other thoughts on ways to get most out of dollar to euro conversions appreciated.


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    #2
    KyussBishop
    Closed Accounts Posts: 5,797 ✭✭✭KyussBishop


    Excuse the bump. Anyone got some good info on this? (is there a better forum to ask?)


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    #3
    BuffyBot
    Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    First, bumping: no. Please take a look at the charter.

    Second: the charges are pretty much in line with the products offered around.


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


    currency.ie offer good FX rates but generally for larger amounts.

    Shop around for the best USD account.

    Invetec, PTSB, BoI, AIB and others offer USD accounts. Ring around.


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    #5
    thepaddyfla
    Registered Users Posts: 22 ✭thepaddyfla


    KyussBishop wrote: »
    I get regular payments from the US, which used to be an every-few-months thing but is now every couple of weeks, and I'm noticing that BoI are hitting me with a €5 foreign exchange charge every time, which is stupidly expensive and will cost me €120 a year now.

    Is there a bank with an acceptable FX rate and charge, or (failing that) a bank which can give me a good dollar account?

    BoI do a dollar account, but they want me to keep minimum £10,000 (sterling equivalent) worth in it to avoid maintenance charges, so (considering that plus the FX gouging) screw them; any better?

    Any other thoughts on ways to get most out of dollar to euro conversions appreciated.
    Not sure if this helps but have a look at opening a neteller account pretty sure you would be able to figure out something that way. Just a guess


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