Bank of Ireland (BOI) International Money Transfer is a service offered by the Bank of Ireland that allows customers to send money overseas to a recipient’s bank account in a foreign country. The service is available to Bank of Ireland customers and can be initiated online or in a Bank of Ireland branch. BOI International Money Transfer offers competitive exchange rates and supports a wide range of currencies, making it easier for customers to transfer funds to most countries around the world. The service is secure, using the latest encryption technology to protect customers’ personal and financial information.
| Bank Name | BOI Bank of Ireland |
| Headquarters | Dublin, Ireland |
| Founded On | 5 April 1783 |
What are the Benefits of BOI International Money Transfer?
Some of the benefits of using BOI International Money Transfer service include:
- You can initiate an international money transfer online or by visiting a Bank of Ireland branch, making the process easy and convenient.
- Bank of Ireland offers competitive exchange rates for international money transfers, which can result in more money being received by the recipient.
- BOI’s international money transfer service is secure and uses the latest encryption technology to protect your personal and financial information.
- Bank of Ireland supports a wide range of currencies, making it easier to transfer money to most countries around the world.
- Bank of Ireland has many years of experience in providing international money transfer services, and its reputation for reliability and efficiency can give you peace of mind when transferring funds overseas.
- Bank of Ireland provides customer support for its international money transfer service, so you can get assistance if you have any questions or issues during the transfer process.
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Bank of Ireland International Transfer Fees
Charges fees for BOI Bank of Ireland international money transfers. The exact fees depend on various factors, such as the transfer amount, the currency, and the destination country. Typically, the Bank of Ireland charges a flat fee for the transfer, as well as a percentage-based fee on the total amount being transferred. The fees are usually deducted from the transfer amount.
| Service | Fee | Notes |
| In Branch Transfer | Inter pay plus | |
| In € to EEA or UK | €0.50 | Currently waived |
| In € elsewhere | 1% of value Min €17.75Max €50 | + FX (foreign exchange) margin |
| Online transfers | BoI365 online Interpayplus | |
| In € to EEA or UK | €0.50 | Currently waived |
| In € elsewhere | €12 | |
| In foreign currency to EEA or UK | No fee currently | Subject to change+ FX margin |
| In foreign currency outside EEA or UK | €5 | + FX margin |
Bank of Ireland Exchange Rate
International money transfers with the Bank of Ireland are subject to a foreign exchange (FX) margin, as the table below illustrates.
| Services | Fee | Notes |
| Urgent in-branch transfers | InterPayexpress | |
| In € to EEA or UK | €25.35 interbank | |
| In € elsewhere | 1% of value Min €17.75Max €50+ €25 | |
| In foreign currency | 0.2% of value Min €12.50Max €50+ €25 | + FX margin |
Bank of Ireland International Transfer Limit
You can make up to £20,000 ($20,000) or €20,000 every day online. It starts off at €1,000 or £1,000 for new payees until they are properly set up, which might take up to 48 hours. If that’s a problem, get in touch with BoI.
Bank of Ireland international transfer time: How long does it take?
BOI International Money transfer Usually, it takes 1 to 3 working days to reach the intended bank account.
What Details Do You Need to Send Money Abroad With the Bank of Ireland?
Different information may be required when sending money abroad depending on the country. However, you’ll likely require bank information because
- Destination Country
- Address and name of the recipient
- IBAN of the recipient
- The account number of the recipient
- BIC/SWIFT of the recipient
- The National Sort Code of the Recipient
What Details Do You Need to Give In Order to Receive an International Transfer?
If someone is sending you money from abroad, they should inquire about the bank information they require; however, you can provide them with the following
- Names and addresses of you
- The name and address of your bank
- Your IBAN
- You’re BIC
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What are the Charges for Receiving an International Transfer?
Receiving international transfers from the Bank of Ireland incurs fees if the total is greater than €65. Let’s check:
| Amount Received | Fee if received in € | Fee if received in foreign currency |
| Up to €65 | No fee | No fee |
| €65 to €150 | €5 | €5 |
| €150 to €1500 | €7.50 | €5 |
| More than €1500 | €12.50 | €5 |
FAQs
Ans. Bank of Ireland International Money Transfer is a service offered by the Bank of Ireland that allows customers to send money overseas to a recipient’s bank account in a foreign country.
Ans. To make an international money transfer, you will need to provide the recipient’s full name, bank account number, IBAN, BIC/SWIFT code, and the name and address of the recipient’s bank.
Ans. International money transfers can take several days to process, depending on the recipient’s bank and the country they are located in.
