Moving to Ireland
Sterling Euro Exchange Rates
living and working in ireland

Index

Finances
Sterling Bank Account
Mortgages
Mortgage Brokers
Budget 2012
Bank Accounts
Mortgage Relief
Savings Rates
Household Charge
Universal Social Charge
Credit Cards
Fuel Prices
Euros to Sterling
Loans
Life Insurance
Pensions
Solidarity Bond
Online Poker
Injury Claims

 

If you are moving to Ireland from the UK you will probably need to exchange a large amount of Sterling to Euros. Opening a Euro account in Ireland is your first step.


You might assume that you have to carry out this currency exchange through your own bank - but you might not get the best exchange rate and they will probably charge a fee and/or commission too.
There are specialist currency exchange brokers that you can use - and t
heir exchange rates will usually be better than the major banks.


One company that we recommend that specialises in Foreign Currency Exchange is called Currency Solutions. They are regulated and authorised by the UK Financial Services Authority and HM Revenue.
They will carry out exchange from Euros to Sterling - Sterling to Euros - as well as most other major currencies. You can make a no obligation enquiry about your currency requirements online here
If you prefer - you can call the Irish Links contact: Ernie Enver on 0044 207 740 0000 .
Ernie will be able to help you with all your currency exchange questions. Mention "Irish Links" when you call.

On paper - the rates may look very similar - but a difference in the exchange rate of just 1 pence on a £100,000 Pounds transaction would save you a £1000 Pounds - not bad for a few minutes effort. Why let the banks have it?

You will need to have both a Sterling bank account and a Euro bank account available to transfer the money. You just need to register your details with them - with some proof of identity.

You can even reserve an exchange rate up to a year in advance. So when rates are in your favour - but your money is tied up in a house for example - you can reserve an exchange rate today. This takes away the uncertainty of not knowing what the exchange rates will be when you sell your house. (A 10% deposit is required.)

Contact Ernie Enver at Currency Solutions on 0044 207 740 0000 to find out more about this - mention the "Irish Links website " when you call and he will do his best to help you.

Of course - check with your own bank to see what rate they will offer you first. Remember to calculate the total amount after conversion - including any fees they add. If you just compare the basic exchange rates - the difference will look really small and you may feel it's not worth the hassle - but when you see the total amount you will get after the exchange - the difference may run into several hundreds of pounds - enough to buy some furniture or to cover your removal costs!

You might also be thinking of moving to the UK - or just want to move some of your Euros into another currency and need to convert your Euros into Sterling.
See our page about Opening a Sterling Bank Account

Tip - if you are moving to Ireland from the UK don't close all your old UK bank accounts or hand in your old credit cards when you move.
You should still be able to use them - just inform the bank and credit card company of your new address. They should not have a problem with you moving to or from Ireland. The sterling accounts will come in handy for paying in any sterling you might recieve or for paying any remaining UK bills etc. Also - they will be useful for any visits back to the UK or Ireland .

In the short term it is possible to use your UK cashpoint card at most Irish ATMs to withdraw money from your UK account - but the exchange rates wouldn't be that good and there may be ATM fees.
Also you can use UK credit cards to buy goods at most shops in Ireland - with no problem. But again this would only be for short term spending because of the transaction charges and poor exchange rates from Sterling to Euro.

euro exchange rates






Moving to Ireland
Removals
Regulations
Citizenship
PPS Number
Work Permits
Green Card
Currency Exchange
Living in Ireland
Irish Towns
Shopping Online

Property

Buying a House

Mortgage Rates
Rentals
Conveyancing
Self Build
House Insurance
Buy-to-let
Realty
Tax Relief
My Home
HRV
Property Tax

Work
Jobs in Ireland
Irish Jobs
Green Cards
Safe Pass
Work from Home
Franchises
Earn Online
Income Tax
Childcare

Cars
Cheap Car Insurance
Car Buying
Speed Cameras
Car Tax
Car Tax Refunds
Knock Car Hire
Importing Cars
VRT
Breakdown
NCT Test

Shopping
Amazon IE

Tesco.IE
Mens Clothes
Ipods
PS3
3D TV
Flowers
Nintendo DS
Womens Clothes
Wii
Wii Fit
TVs
Bikes
Dysons
Lingerie
Kids Clothes
Dorothy Perkins
Printer Ink
Xbox 360

Travel
Minibus Hire
Maps of Ireland
Flights to Ireland
Dublin Car Hire
Shannon Car Hire
Cork Car Hire
Ferries to Ireland
Ferry to UK
Travel Tips
Galway Hotels
Galway Car Hire
Golf Ireland
Accommodation
Kerry Self Catering
Cork Self Catering
Flights From Ireland
Knock Car Hire

INTERNET
Internet Providers

Broadband Prices
Mobile Broadband
Onspeed
Web Hosting
Domain Names
Satellite Broadband

HEALTH
Health Insurance
Doctors
Dentists
Contact Lenses
Opticians
Stop Smoking
Irish Funerals
Laser Eye Surgery

Education
Primary Schools
Secondary Schools
Irish Universities
Private Schools
Boarding Schools
Tuition Fees

Phones
Mobile Phones
Landlines
Irish Ringtones

Other Stuff
Soldiers Song
Sky TV Ireland
Fields of Athenry
Irelands Call
Patrick Kavanagh
Irish in UK
UK Car Hire
Irish Books
Irish Music
DVD Rental
Ipod Touch
Alghero
Shop Online
Online Bingo
Poker Tips
Body Building
Dog Licence
Divorce
TV Licence