PAYING MONEY TO EU BANK ACCOUNT

Arabuna83

Hi all,

I need some advice. I have to pay money to and EU bank accout, a loan repayment to a relative over a few years.

But I would like to do it the best way, that I dont lose alot in exchange rates

I live in NI..I was thinking the best way would be to open in a Bank Account in the Replublic or Ireland. I have a PPS number etc, and will be studying there soon.

Does that seem like the best strategy? To pay the money from EU to EU? The only thing os, I will be transferring from sterling to EU lodge any money into the EU account!

I had also suggested a pre-paid card to my relative?

Newbie_John

I would use Wise - imo best exchange rates etc. Very quick transfers too.

Emmia

I'd also use Wise