How to send money to Ireland
Learn how to make a money transfer to Ireland at the best rate with these 4 steps
1. Check if the Euro exchange rate is in your favor
Even though the currency market is fluctuating, it never hurts to stay on top of it to maximize how much the receiver of the transfer will get. Track the mid-market exchange rate and convert your money when the EUR rate gets to a specific level.
2. Compare up to more than 40 money transfer companies available for transfers to Ireland to find the best provider.
There are quite a few providers to make money transfers to Ireland, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Selecting the most competitive provider from the available options is the best way to save on fees and exchange rate.
3. Choose the best option for your needs
Do you need to send money to Ireland at the lowest overall cost, with the fastest provider or with the best rated provider?
Another important aspect is to have a look at the pay-in and pay-out options. Transferring money from your e-banking or via your debit or credit card are the most common payment methods to send money to Ireland online. On the recipient's side in Ireland, select the right option, whether you need the amount in EUR to be transferred to your recipient's account or received in cash (from an agent location).
4. Sign up and get started wih your transfer to Ireland with the service you selected
The last step is to register on the provider's online portal - be ready to upload an ID document and/or a proof of adress - and set upyour money transfer to Ireland.