Transfer money to a UK account from my Irish account

coleen

Registered User
Messages
486
Hi We are giving our daughter some money for a deposit for a house in the UK
It will be from our AIB account. She also has an Irish AIB account.
Should I just transfer the amount to her Irish account. Then she can transfer to her bank herself ?
She has a revolut card where she says she can transfer money without charge to sterling.
We want to do it not to avail of the good euro to sterling rate but also want to do it safely and at the best rate.
Any advice would be appreciated
 
Good plan. You are minimising FX cost.

You will get close to market FX rate with Revolut provided the transfer is not done at the weekend. Revolut charge a margin at weekends.
 
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