Top pick for
A specialised money transfer company will offer more competitive exchange rates than a traditional bank, but which company is best for you depends on how much you’re sending and how quickly you need it to arrive.
Sign up and send money with a digital money transfer specialist in four steps:
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Ireland. Some offer transfers straight to Irish bank accounts, while others allow the money to be picked up in euros in person. Banks, PayPal and other options are available but come with high fees, weak rates and longer turnaround times.
Companies like XE and CurrencyTransfer specialise in foreign currencies, making these some of the most cost-effective transfers. Most offer transfers directly to your recipient’s Irish bank account, often in as little as a day or two.
Services like MoneyGram allow you to transfer cash for pickup at a local branch in Ireland— often in 15 minutes. While it’s a fast way to send money, you’ll pay for the convenience in weak exchange rates and high fees. If a cash pickup is necessary, look to digital services like WorldRemit or TransferWise when possible.
As a popular currency, euros are likely to be carried by your bank, especially if you visit the main branches offering international service. If your local bank can convert your local currency into euros, beware of high fees and wide margins on the exchange rate compared to digital and other options.
Let’s say you currently live in the US and need to send €2,000 to family in Ireland. Here’s what you might face as far as fees and exchange rates as of 15 July 2020.
|Digital money transfer service||Cash transfer||Bank transfer|
|Fee||US$3.99||US$8||US$50 + additional correspondent bank fees|
|Exchange rate||1 USD = 0.8656 EUR||1 USD = 0.8423 EUR||1 USD = 0.786 EUR|
|Transfer speed||1 day||Minutes||2-5 days|
The bank option ends up being both the slowest and gets the smallest amount of money to your recipient. If you go with the digital money transfer service, your recipient ends up with EUR€195 more than the bank offers. If speed is crucial, a cash transfer can typically have your transfer to Ireland in as little as 15 minutes.
Weigh costs and fees against convenience, and learn how to compare money transfer providers that send to Ireland to meet your needs:
When it’s more important to get your money to Ireland quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
If you don’t have a bank account, you can still use cash transfer services to get the money to its destination. Similarly, a recipient can get the money with a cash transfer if they don’t have a bank account.
These cash transfer services are widely available around the world and although they’ll typically not be the cheapest available service, they can be fast, convenient and can be used without bank accounts.
The exchange rate determines how much one country’s currency is worth in another country’s currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weaker currency. The euro is a popular currency around the world and remains relatively stable. However, when compared to other currencies, expect exchange rates today to be different than those you’ll see tomorrow. Factors that influence an exchange rate include interest rates, economic stability and inflation.
To send money to Ireland, you’ll likely need a government-issued ID such as a driver’s licence or passport and other documents, while documents needed to pick up money in Ireland may be different by company.
To send money overseas to Ireland, you’ll likely need documentation and details that include:
To pick up money in person, documentation can include:
Most money transfers to Ireland shouldn’t have any specific tax obligations attached to them, so long as they are for personal use and kept under €10,000. However, certain laws exist in Ireland that may affect your transfers, depending on:
Sending your hard-earned money to Ireland shouldn’t cost a fortune. Compare transfer companies that specialise in international transfers for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.
We compare Revolut Standard and Revolut Premium side by side to help you decide which account is right for you.
The UK-based CurrencyTransfer platform lets you compare and select the best money transfer rates.
Fancy switching banks? Let your new bank help you make the switch to a new bank account.
EUR to GBP Exchange Rate
Live exchange rates Euro to Thai Baht. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to THB.
Live exchange rates Euro to Swedish Krona. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to SEK.
Live exchange rates Euro to Romanian Leu. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to RON.
Live exchange rates Euro to Pakistani Rupee. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to PKR.
Live exchange rates Euro to Philippine Peso. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to PHP.
Live exchange rates Euro to Polish Zloty. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to PLN.
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.