Transferring 2000 euros to UK bank.

HeyBigSpender

My Dad wants to give me 2000 euro. He is in Ireland, and I am in the UK.

What is the most cost effective way of doing this? Should he do an international bank transfer? Write me a sterling cheque? Send me a Euro cheque?

Thanks if you can advise!

HeyBigSpender

P.s. I am with NatWest if that makes any difference!

Dagobert

Euroland offers a free Euro Transfer up to €10K. I should imagine that this is available in Ireland also.

These are free to receive. Payment is automatically converted by the UK bank. Conversion rates vary quite a bit from bank to bank.

HeyBigSpender

Dagobert wrote: »

Euroland offers a free Euro Transfer up to €10K. I should imagine that this is available in Ireland also.

These are free to receive. Payment is automatically converted by the UK bank. Conversion rates vary quite a bit from bank to bank.

Thanks for your reply. What is Euroland? How does it work?

Dagobert

HeyBigSpender wrote: »

What is Euroland?

see Wikepedia

HeyBigSpender wrote: »

How does it work?

google for SEPA

My thread on € payments to the UK: [thread=110659]Foreign Transfers: different banks - different exchange rates![/thread].

jammin_2

HeyBigSpender,

Do not use international bank transfer. It is expensive and slow.

Whenever I transfer funds from one of my accounts in Ireland to one of my accounts in the UK, I always use www.currency.ie. Best rate (fixed before you transact), no commission and same-day transfer.