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Transferring funds to an Irish bank account

MagnusDamm · 2013-05-25 17:33:06

Hi, I want to transfer 130k to my bank account in Ireland. I have paid tax on this already and don't wanto get screwed in Ireland. Will I be required to explain where I got funds etc?

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25-05-2013 6:33pm

#1

MagnusDamm

Banned (with Prison Access) Posts: 69 ✭✭

Join Date: April 2013

Posts: 63

Hi,

I want to transfer 130k to my bank account in Ireland. I have paid tax on this already and don't wanto get screwed in Ireland.

Will I be required to explain where I got funds etc?

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#2 25-05-2013 7:24pm
dotsman

Registered Users Posts: 3,636 ✭✭✭

Join Date: April 2006

Posts: 3587

Yes, you will likely be asked as to what the source of the funds are. Nothing to be worried about - all amounts over 10K must be explained. It's just standard operating procedure. Hell I just did it the other day - just said "savings" (as it was).

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