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moving money from abroad

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  • 05-07-2013 10:17pm
    #1
    Ms. Ka
    Registered Users Posts: 189 ✭✭


    I want to transfer money from my Canadian account to my BOI one and I was wondering what the charges were? also is it better for it to be in dollars and then have BOI convert it (costs??) or convert it first?

    Thanks


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  • Options
    #2
    murphaph
    Registered Users Posts: 19,020 ✭✭✭✭murphaph


    There are specialist companies that will handle this much cheaper than letting the 2 banks do it.


  • Options
    #3
    Bank of Ireland: Tara
    Closed Accounts Posts: 2,346 ✭✭✭Bank of Ireland: Tara


    [font=Verdana, Arial, Helvetica, sans-serif]Hi Ms. Ka,[/font]

    [font=Verdana, Arial, Helvetica, sans-serif]Thanks for getting in touch.[/font]

    [font=Verdana, Arial, Helvetica, sans-serif]If a payment is received in a foreign currency, less than €65 worth, there is no inward charge applied. Foreign currency payments, greater than €65 worth, are charged a €5 inward charge. You also receive an extremely competitive international rate from Bank of Ireland and many customers have made savings by sending us their local currency to convert. We also provide Canadian Dollar Accounts to resident customers if they require.[/font]

    [font=Verdana, Arial, Helvetica, sans-serif]If a payment is received in Euro, from outside the EU or EEA, the inward charges are as follows:[/font]

    [font=Verdana, Arial, Helvetica, sans-serif]€65 or less - No Charge[/font]
    [font=Verdana, Arial, Helvetica, sans-serif]€65 - €150 - €5 Charge[/font]
    [font=Verdana, Arial, Helvetica, sans-serif]€150 - €1500 - €7.50 Charge[/font]
    [font=Verdana, Arial, Helvetica, sans-serif]€1500 and over - €12.50 Charge[/font]

    [font=Verdana, Arial, Helvetica, sans-serif]Thanks[/font]
    [font=Verdana, Arial, Helvetica, sans-serif]Tara[/font]


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