serotoninsid
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This was my expectation. I thought that was the whole idea of IBAN?I send one to France last Monday morning and it arrived that afternoon.
Thats good to know gauloise. The guy behind the counter didnt seem to be too sure about the whole thing - which surprised me as I would have thought its got to be a fairly common transaction these days.There are 2 types of IBAN transfers, one is express and if received early in the day can be in the recepient account by close of business that same day, the other which is cheaper can take 3 days.
Ulster BankI don't know which bank you use ...
I double checked UB's foreign transfer form after your last post and there was no mention of express or standard delivery. The guy did fax the form through while I was there.BOI have a section on their form that you can tick if you want express delivery and Bank of Scotland will guarantee same day delivery (without forms just a fax) if processed before 11.00am!
Sounds to me like the banks are delaying the cheap transfer (which they are obliged to offer) in order to sell the "premium" product. It's been a couple of years since I did an IBAN but it cost only cents and happened very fast at the time.
Originally Posted by extopia
Sounds to me like the banks are delaying the cheap transfer (which they are obliged to offer) in order to sell the "premium" product. It's been a couple of years since I did an IBAN but it cost only cents and happened very fast at the time.
Yes, I was coming to the same conclusions.
Hi,
Would that be effective, or is there some better way of receiving money electronically? I couldn't decide whether to use my personal name or the publisher name for the account.
Bank of Ireland are adding international payments to their online banking soon. I know this doesn't help now but some info for future reference!!
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