*** this is from NIB's website, there is a table of costs, probably won't show properly here. ***
Here you can see how the cost of transfers abroad is calculated.
With National Irish eBanking, you can transfer up to the available (cleared) balance of the sending account, or its equivalent in foreign currency, abroad.
When you fill out a transfer request, indicate what you have agreed with the payee. This determines who will pay the fees for the transfer.
Note that, if the transfer is within the EU and less than €50,000, you must always choose “The sender and payee share the costs”. In this case the senders charges will be paid by you, the ordering customer. The receiver charges including correspondent bank charges will be paid by the Payee. This means that costs are kept as low as possible for both you and the payee.
It is normal practice that you pay fees for getting the transfer out of the bank and the payee pays fees for getting the transfer into the foreign bank.
Transfer type Distribution of costs Fees* Ordinary Transfer EU2560 Complient Up to €50,000 Valid Beneficiary IBAN (International Bank Account Number) and BIC (Bank Identifier Code) Sender and payee share the costs As sender, you pay €0.00 and the payee pays all costs at the foreign bank. Standard transfer in non-Euro
Sender and payee share the costs As the sender, you must pay 0.15% min. €10.00 and max. €30.00. The payee pays all costs at the foreign bank.
Sender pays costs As the sender, you must pay 0.15%
min. €10.00
max. €30.00 and the foreign costs of €15.00 Payee pays costs As the sender, you don’t pay fees. The costs of 0.15%
min. €10.00
max. €35.00 and the foreign costs are covered by the payee. Express transfer in non-Euro Sender and payee share the costs As the sender, you pay 0.15% min. €15.00 and max. €35.00. The payee pays all costs at the foreign bank. Sender pays costs As the sender, you must pay 0.15% min. €15.00 and max. €35.00 as well as the foreign costs of €15.00. Payee pays costs As the sender, you don’t pay fees. The costs of 0.15% min. €15.00 and max. €35.00 and the foreign costs are covered by the payee.
Additional fees
If you do not enter the BIC (Swift address) when making a transfer, the transfer requires manual processing in the Bank, for which we require an additional fee of €8.00.
Euro payment instructions effective from 1 January 2007 onwards (which do not include a valid IBAN) to [broken link removed] will NOT be accepted for processing. This will affect all payments that are dated from 1 January 2007. Please visit our website for full details.
An additional fee of €10.00 will be charged if the IBAN is not provided or is incorrect.