The cheapest way to send money abroad for free from Ireland is by using the Ireland/UK based currency exchange company – CurrencyFair
In Ireland you will find the best exchange rates from a currency exchange broker and not a bank. There are many banks and companies like An Post who claim to offer commission free currency exchange but in reality they don’t. Instead they mark up their price by say €8 and then claim to be commission free. Most of the currency exchange companies or banks actually do charge commission as well, meaning that they give you a rate including their mark up price and then charge you a percentage fee on top.
They only Currency exchange company in Ireland that actually allow you to send money abroad for free is – CurrencyFair.
CurrencyFair are the cheapest way to send money abroad and they offer the best currency exchange rates in Ireland and below is a comparison of the best rates of other currency exchange companies in Ireland compared to CurrencyFair .
The comparison is based on transferring €10,000 to GBP. The results show what you will receive in GBP –
Currency Fair – £7,828 – Try HERE
Bank Of Ireland – £7,722
AIB Bank – £7,715
Ulster Bank – £7,634
Permnament TSB – £7,623
send moeny abroad for free with Currency Fair HERE.