Whats the best way to pay someone in Ireland in Euros from the UK?

Discussion in 'General Discussion' started by Mottie, 1 Oct 2019.

  1. Mottie

    Mottie

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    Hi chaps
    The MIL's Irish neighbour in Spain has organised and paid for some work on her villa and we need to pay him back. It's 950 Euro's. We're not out there until next year now and he wants it paid in Euro's to his bank in Ireland. The MIL doesn't have internet banking anyway so I'm lumbered with sorting it out. I have his IBAN number. What's the safest/best/cheapest way to do that? We have Barclays, Nat West and TSB accounts if any of them are better than the other.
     
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  3. Notch7

    Notch7

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    I used to pay a German supplier using IBAN on a Lloyds account - but thats a business account, I set up a recipient online.

    From memory it cost me about £20, the transfer was around £5,000
     
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  4. Diyisfun

    Diyisfun

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  5. Notch7

    Notch7

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    I used to pay a German supplier using IBAN on a Lloyds account - but thats a business account, I set up a recipient online.

    From memory it cost me about £20, the transfer was around £5,000
     
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  6. JohnD

    JohnD

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    your natwest account, on internet banking, probably has a section called "payments and transfers" or similar. It may look rather like this:

    Payments and transfers
    Make a payment or transfer

    International payments
    Make a payment from your account to an account overseas.

    If you select "make a payment" it will probably take you to the "Quick quote" page. the cost depends on amount and country.

    The amount you are sending will probably not set off the money-laundring alarms, but IMO it is best to use your main bank account, where you have a record as a dependable customer. They may phone or text you to check.

    The bank I'm looking at has a £10 fee for your payment, so not worth going to one of the Foreign Payment agencies.
     
    Last edited: 1 Oct 2019
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  7. JohnD

    JohnD

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  9. JP_

    JP_

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    Paypal? I use it a lot, they charge a fee, but if its a "friend or family" then free I think.
     
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  10. Mottie

    Mottie

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    Thanks all. Done. (y)
     
  11. Diyisfun

    Diyisfun

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    What method did you use. It may help others.
     
  12. Mottie

    Mottie

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    Lol. Just after posting I remembered my mate has a place in Italy and I thought he might know. He paid it from a Euro account he has so there were no fees. I just had to send him what it cost for €950 and it cost me £847.40.

    I don’t think he'll do it for others though! :D
     
  13. EFLImpudence

    EFLImpudence

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    You should have paid him before you voted leave. It would only have cost you £730.
     
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  14. Mottie

    Mottie

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    Paid him for what? Didn’t need anything doing in 2016. :p
     
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