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BOI visa debit in uk or buy sterling in cash

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  • 09-05-2014 8:36am
    #1
    paul64
    Registered Users Posts: 127 ✭✭


    Would I be better off using my visa debit card in the uk for withdrawals or changing euro for sterling cash in Ireland before I go over? Which way would be cheapest? It would only be for a few hundred maybe two withdrawals on card


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


    Hi paul64,

    Thanks for getting in touch.

    If buying Sterling in a branch the following commission will apply:

    1% of the value with a minimum charge of €1.25 and maximum of €6.35

    When using your card outside the Eurozone the following cross border handling charges apply:

    ATM - 3.5% of transaction value with minimum charge of €3.17 and maximum charge €11.43 per withdrawal.

    Point of Sale - 1.75% of transaction value with minimum charge of €0.46 and maximum charge of €11.43 per transaction.

    Contactless - 1.75% of transaction value with minimum charge of €0.10 and maximum charge of €11.43 per transaction.

    From this information you can compare and decide which would be best to suit your own requirements.

    Thanks
    Tara


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