Buffett & Protocol, Thanks for the information.
From the AIB Web site the following are the Currency Conversion Fees
AIBFX Transactions - Visa Europe Region1.75%FX Transactions - Visa Rest of World2.75%
Using the link provided by Buffet the exchange rate is
Currencies fluctuate every day. The rate shown is effective for
transactions submitted to Visa on April 24, 2008, with a bank foreign transaction fee of 2.75%.
1 Euro = 1.55 US Dollars</SPAN>
Not great !