Bank Money Transfer from UK Accounts to Ulster Bank
Transfer money from a UK bank account to Ulster Bank in Ireland and attain the very best UK pound to euro currency exchange rates. The best alternatives for sending funds from the UK to a Ulster Bank bank account in Ireland, a currency broker will save you time and money on the transaction.
About Ulster Bank
Across the Republic of Ireland and Northern Ireland, Ulster Bank employs 6,000 people and has around 1.9 million personal and business customers through 199 outlets across the island of Ireland and a business banking presence in every county. Ulster Bank Ireland Limited. A private company limited by shares, trading as Ulster Bank, Ulster Bank Group and Banc Uladh. Registered in Republic of Ireland. Registered No 25766.
Ulster Bank UK Pound & Euro Exchange Rates
| Bank Name | FX Broker Comparison | FX Rate | GBP to EUR | FREE QUOTE |
|---|---|---|---|
| Ulster Bank | *3.0% | €1.116 info | Enquire |
| TorFX | *0.7% | €1.143 info | Enquire |
UK pound sterling (GBP) and euro (EUR) currency rates are updated daily at 09:00 GMT.
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from euro. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
Euro Currency Transfer to/from Ulster Bank in Ireland
Making a transfer to or from the euro using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.
UK bank to Ulster Bank account v Currency Brokers
1: Bank money transfer information: General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or €5753.861 euro. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
Sending Money Abroad with Ulster Bank
To transfer funds abroad from your Ulster Bank account, you have to give the beneficiary’s IBAN and BIC to the bank. There are two types of transfers:
1: Euro Transfers: transfers exclusively in euros for amounts less than or equal to EUR 50,000 within the European Union, including the precise bank details of the beneficiaries (i.e. BIC and IBAN).
2: International Transfers: any transfers within or to countries outside the European Union (other currencies, no IBAN, etc.)
International transfer requests may be submitted by fax as long as you have signed a request at your local Ulster Bank branch.
