The bank (Ulster Bank) told me I could transfer it online in multitudes of 25k, with no reduction in the set currency exchange. I'm not a financial person but even I knew this was not a good option.If it's a significant amount of money, the bank you deal with will quote you a rate for the transaction, which is more competitive than retail transfers.
It won't be as cheap as some of the fintech companies, but you might be more comfortable dealing with them.
I'm surprised that's the only option they provided. With BOI they will quote for any transfer over 70,000The bank (Ulster Bank) told me I could transfer it online in multitudes of 25k, with no reduction in the set currency exchange. I'm not a financial person but even I knew this was not a good option.
I use Revolut. Free card (but you pay for delivery) , transfers/conversions between various currencies are easy. You can also use the card in EUR. I exchange EUR for STG and then transfer to destination account.I am trying to do the same. I used transfermate previously, but as I have not used them recently they will only do amounts over 100k. Any suggestions of how to do a euro to GBP transfer quickly.
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