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Transfer large sum of money

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  • 28-01-2021 1:17pm
    #1
    MarilynK
    Registered Users Posts: 2 ✭


    Hi there,
    Is there a cost for transferring a large sum of money from my account to someone elses?  It is from a Bank of Ireland account to a KBC account.  I understand that the daily limit is 20K.  Is there any tax implication of doing so either or is there a threshold?

    Thanks a million for your help.


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    #2
    Bank of Ireland: Eve
    Closed Accounts Posts: 309 ✭✭Bank of Ireland: Eve


    Hi Marilyn, thanks for getting in touch with us here on Boards.ie today. 

    Please be assured there would be no charge applied to your account from BOI when making a transfer to another current account with in ROI. 

    If there's anything else we can help you with please don't hesitate to get in touch with us here or on any of our social channels, we'll certainly do our best to help. 

    Thanks, Eve


  • Options
    #3
    MarilynK
    Registered Users Posts: 2 ✭MarilynK


    Bank of Ireland: Eve wrote: »
    Hi Marilyn, thanks for getting in touch with us here on Boards.ie today. 

    Please be assured there would be no charge applied to your account from BOI when making a transfer to another current account with in ROI. 

    If there's anything else we can help you with please don't hesitate to get in touch with us here or on any of our social channels, we'll certainly do our best to help. 

    Thanks, Eve
    Hi Eve, That's great, thanks a million for letting me know.  Enjoy the weekend:)


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