Hello, I'm currently looking for a solution for receiving payments from Ireland. In fact, I need an account which is linked to the Irish national banking system. In other words, irish people who sends me some money should have the opportunity to make a domestic transfer to me. Does someone know where i could go to obtain a solution at my problem ? Thank you Vincent
Non resident account in Ireland ?
May 19, 2004
4 Replies
On Wed, 19 May 2004 02:00:05 +0100, zigzag_be wrote (in article ):
Would you having an account with the "Allied Irish Bank" solve this?
Their ROI and UK branch networks operate separately. It will still be treated as international transfer with currency conversion cost. I think it's possible to open a non-resident a/c in ROI, but unlike in UK, even normal current accounts there have monthly and transaction charges, except for students and pensioners. So none of the 'stay-in-credit-and-you-bank-free' deal. Unless you have a great volume of business in Ireland, it probably won't save you any money. And you'll still be charged for transferring euro amount to UK. Instead, ask your customers to sent you a Sterling draft. Charges are quite low (around ?6 for issue of draft) and when paying into your UK account, full amount will be credited.
Alec
OK thanks for the reply.
Do you know some banks in Ireland where I have a chance to open an Irish-non resident account ?
Thank you
Sorry I haven't. Most banks, certainly the big two - AIB and BOI - usually only allow deposit-type accounts for non-residents. To have full banking facilities like cheque book, you have to open a business account with quite high charges.
Alec
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