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Sterling account

  • 11-03-2020 11:08am
    #1
    mickdw
    Registered Users, Registered Users 2 Posts: 23,418 ✭✭✭✭


    Quick query
    I want a sterling account at a traditional bank that i can swap funds into from revolut or similar and then pay for car in uk when i find the right car.
    Looking at some of the offerings, they appear to be business only or are otherwise restricted to prevent customers bypassing their costly currency conversions.
    Is there an irish bank doing such an account.


Comments

  • #2
    wally79
    Registered Users, Registered Users 2 Posts: 2,939 ✭✭✭wally79


    mickdw wrote: »
    Quick query
    I want a sterling account at a traditional bank that i can swap funds into from revolut or similar and then pay for car in uk when i find the right car.
    Looking at some of the offerings, they appear to be business only or are otherwise restricted to prevent customers bypassing their costly currency conversions.
    Is there an irish bank doing such an account.

    Can you not just pay for the car from Revolut?


  • #3
    mickdw
    Registered Users, Registered Users 2 Posts: 23,418 ✭✭✭✭mickdw


    wally79 wrote: »
    Can you not just pay for the car from Revolut?

    Yes but it would be a large sum and while revolut does everything i need, the money might be sitting in sterling for a while and revolut doesnt give me enough confidence to use it in that manner.


  • #4
    Wuff Wuff
    Closed Accounts Posts: 1,429 ✭✭✭Wuff Wuff


    i know Bank of Ireland NI will open sterling accounts for people who live in the Republic.


  • #5
    mickdw
    Registered Users, Registered Users 2 Posts: 23,418 ✭✭✭✭mickdw


    Wuff Wuff wrote: »
    i know Bank of Ireland NI will open sterling accounts for people who live in the Republic.

    Thanks.
    Might go for that.


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