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Post Info TOPIC: Transfer Euros
Sylvia


Veteran Member

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Transfer Euros
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I have had an email from a client this morning asking about transferring money.  I intend to reply that I know nothing about this subject and can not advise him however I would then like to point him in a useful direction.  The exact question is

"I am going to pay a 10K deposit ... in Ireland this week  do you know (or can you find out?) the cheapest/best way to transfer the money?  I've heard there's good and bad ways to exchange euros - is the bank the best way?"

Any thoughts? Thank you Sylvia



-- Edited by Sylvia on Monday 2nd of December 2013 10:42:10 AM

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Cheshire


Master Book-keeper

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Posts: 8646
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Hi Sylvia

Would just suggest he gets his Bank to do a transfer (can do a same day one or one that takes a couple of days, the same day one is usually a few pounds more to transfer). Definitely DO NOT send a sterling cheque. If he has a euro account then a euro cheque is good.



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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Sylvia


Veteran Member

Status: Offline
Posts: 91
Date:
Permalink Closed

Thank you, Joanne.



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