money transfer to irish account

getonit123

I need to transfer some money to a chap who lives in Ireland (Republic of) and only has Irish accounts.

Basically is it possible to transfer the money from a Nationwide flexaccount to the Irish account? Can't see it being a problem.

Also would there be any charges for either party?

I guess there could be a difference in currency.

Thanks

dzug1

Yes it is possible.

There will be charges for you, possibly but unlikely for him as well.

It will be expensive - the Nationwide's low/non-existent charges only apply to credit and debit card transactions. I don't know exactly what they charge for this type of thing, but it will be similar to other banks. £10 to £20 at a guess.

getonit123

I assume a cheque would incur the same charges?

dzug1

getonit123 wrote: »

I assume a cheque would incur the same charges?

The charges are probably a bit lower - and if you write the cheque in sterling they will fall entirely on the distant party.

Nationwide may (some banks do) not allow you to write a cheque in euros. If you go into a branch you can probably buy a bankers draft or equivalent in euros though.

getonit123

Just rang Nationwide and they said no charges would be incurred. They said there would be a charge of £20 to use a 24hour service.

Thanks dzug for you responses.