Victoria Copp

Money transfer to Ireland

by Victoria Copp on November 19, 2010

If you work in the UK and live in Ireland or alternatively are looking to move or buy a house in Ireland you will have money transfer requirements. At Compare Currency we aim to help you find the best way of transferring money to Ireland. Our money transfer comparison table allows you to find the lowest fees, the best euro exchange rate and the quickest service. All of the money transfer providers listed in our tables have been carefully selected to ensure that you get the best possible service.  Visit our money transfer table now to compare providers and get the best deal.

How to transfer money to Ireland.
You can send money to Ireland via a High street bank, a foreign exchange broker e.g. Currencies Direct or Travelex, online via Paypal or Money bookers or through numerous retails outlets such as Western Union.
If you are planning to transfer money to Ireland using a bank or a foreign exchange broker you will need to have an account with that company. Most foreign exchange brokers will allow you to do this online by fax or by post and an account can be set up instantly. If you want to send money to Ireland via a bank you will need to open an account with them. If you do not already have a bank account with your chosen bank you will need to go into a branch to do so.

Before you open an account speak to a few different providers over the telephone to find the one that offers the best service and make you feel at ease.

What information will I need to transfer money to Ireland.
To make an international money transfer you must have the beneficiary account details. This will include:

IBAN – International bank account number
SWIFT BIC – Bank identifier Code (an international banking sort code)
Account name

Read ‘What is a Swift BIC and IBAN?‘ to find out more.

A swift payment will generally take 24 hours.

Regular payment to Ireland
if you receive a monthly salary or need to make regular mortgage payments in Ireland let the currency provider know this from the onset. Most reputable firms will waive any transfer fees for regular money transfers. Unfortunately banks will not offer this service.

For more information on making an international money transfer visit our guide now.

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