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EU Bank Accounts

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  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Thanks for making me feel young :). Or might it be that my memory is going?
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    colsten wrote: »
    One thing that does exist in the RoI is a government tax on cards, as Katiehound mentioned. It's not life-changing amounts but a totally alien concept for us.
    Apparently not applicable for debit cards of account holders using a UK address:

    "You are not liable to stamp duty if your billing address is outside the State."
    Evolution, not revolution
  • azzap
    azzap Posts: 138 Forumite
    Agree with this, I used to have a ROI bank account with Ulster Bank in Euros. It was free to use anywhere in the Eurozone, and I could use it for free at NatWest/RBS ATMs in the UK (no withdrawal fees/foreign exchange fees).

    I binned it off when they introduced a fee or minimum monthly funding requirement, about 4 years ago IIRC.

    What was the charge for the Ulster Bank Euros account?
  • azzap
    azzap Posts: 138 Forumite
    eDicky wrote: »
    By the way, you could 'feed' your RoI account totally free if you use a smartphone and open a Revolut account with their app. Load in GBP, convert to EUR at interbank rate, then withdraw to RoI account.

    Revolut seems interesting, is there sending limit. I am looking to deposit my EU payments (freelance work) into a Euro account and then convert them over to £'s ideally avoiding the 3%+ fee a UK account would charge to covert a Euro's deposit
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