Transferring money from Irish Bank account abroad

D

doodah

Guest
Hi
A guy in work is transferring to our Asian office soon. He is on a 1 year transfer and his salary will be paid in Ireland. Problem is bank is telling him he needs to write a letter each time he wants money in his foreign bank account, which he hasn't set up.
Credit card will be fine for a month but not a year.

Anyone else come across a similar situation? Possible to do online banking and transfer to foreign account.
The only experience I have of transferring to a foreign account was 6-7 years ago and did involve a lot of paperwork, high charges for each transaction...
 
If he has browser access to his Irish bank account, and a bank account in the city of the Asian office, he should be able to initiate transfers with a couple of clicks. There'll be a lead time in getting the beneficiary account details set up and a delay for each transfer. And charges too.
Surely company payroll could pay the salary direct to the foreign bank ?
 
money transfer

transfermate do a lot of that, they dd and send on to people working in other countries. maybe they can do it,
 
This will be the first time company has done this, so there will be a learning curve. Guy will be getting expenses for some things, but will have to pay rent locally. Seems to be some difficulty with salary being paid to foreign bank. He doesn't have a foreign account yet; he'll have to do all that when he gets there. His bank was suggesting he could do everything with credit card, but that won't work for rent, deposit, etc. AFAIK Expenses will be paid to his credit card which will help.
 
But if the employer already has an "Asian office", they must pay rent, utilities, taxes locally so they have to have some knowledge of banking local to that office.