Simply call us at 01 668 5500. It's a good idea to key this number into your mobile phone before you go. Don't forget, it's also written on the back of your card. Remember, your debit and credit card are accepted worldwide wherever you see the Visa or MasterCard logo.
You can continue to bank free of maintenance and transaction fees on your AIB Basic Bank account. Other fees and charges may apply.
Please note that FX Services in branches are ONLY available to AIB account holders. All other currencies must be ordered by completing the Foreign Currency Order Form and sending it into your AIB Branch for processing. All Foreign Exchange orders must be paid for at the time of order.
Best & Worst Ways To Get Foreign Currency
| Method | Cost to Withdraw/Exchange $300 |
|---|
| Bank Currency Exchange | Typically $16.10 |
| Credit Union Currency Exchange | Typically $16.15 |
| Credit Card | $24.50–$40.74 (depending on issuer) |
| Airport Kiosk (Travelex) | $24–$43.99 (depending on whether you exchange at the airport or request home delivery) |
A buy order for a currency price that is above the current "market," or current price, that becomes a market order when the specified price is reached. Stop-buys are used by traders to establish positions in markets which they perceive to be rising in value.
Common currency requests—such as euros or Canadian dollars—may be fulfilled that same day, while other less-requested currencies could take two to four days to get. Many banks will also buy back any extra foreign cash you have after you return, albeit usually at less favorable rates than you paid for the currency.
You can either send money to someone in another country using an international money transfer company (an online broker), or you can set up an international money transfer through your bank or building society.
A currency conversion fee is typically 1% of the purchase price. A foreign transaction fee is a per-transaction charge, typically 2% to 3% of the purchase price, levied by your credit or debit card provider (often a bank) or ATM network when you use your U.S. issued credit card in another country.
A cheque which is crossed with “a/c payee only” must be lodged directly into the bank account of the named payee. However, if a cheque is crossed with 'not negotiable' or '& co' it may be endorsed by the payee, which means it can be signed over to the benefit of a third party on the reverse of the cheque.
4. Cash & Cheque Lodgement machine users require an AIB Debit Card or AIB ExpressLodge card or the relevant AIB NSC and Account Number. For more details on our Cash & Cheque Lodgements and ATM machines, please refer to our leaflet 'Cash & Cheque Lodgements and ATMs' available from any AIB branch or www.aib.ie.
If you have an AIB account, you can lodge or withdraw money and pay your AIB credit card at the post office. You can also lodge cheques at some post offices. If you're an Ulster Bank customer, you can also lodge cash and pay your credit card.
Cheque lodgements can only be made, via the LATM to your own account using your ATM card and PIN, or by using a 'Business Quick Lodge' card when lodging to business accounts.
Cheques lodged during branch opening hours will be credited by 7.30pm that evening. However cheques lodged outside business hours will be credited by 7.30pm the next business day (a business day is a day other than a Saturday, Sunday or public holiday on which the Bank is generally open for business).
Yes, you can lodge Foreign Cheques over the counter in any Bank of Ireland branch.
How do I transfer money?
- Log into AIB Internet Banking.
- Click on Pay & Transfer. - To transfer money to one of your other AIB accounts, click on Between My Accounts. - To transfer money to another RoI account, click on Another Irish Account.
- Follow the instructions on screen to complete your transfer request.
If you can get to a post office, you can just pop in and: Withdraw cash from your usual bank account using your card. Pay cash into your usual bank account using a card or paying-in slip. Deposit a cheque using a paying-in slip (though Nationwide customers can't do this)
In Your BranchVisit the Quick Banking Area where you can use the Cash & Cheque Lodgement Machine, or visit the Customer Service desk where a member of staff will help you with your request to lodge a cheque into your account.
Foreign exchange firm Travelex has collapsed into administration, with the immediate loss of more than 1,300 jobs. Advisory firm PwC has been appointed to carry out a complex restructuring deal and pre-pack administration, which allows buyers to cherry-pick the best assets and ditch those they don't want.
To get your
euros quickly and at a great
rate, buy using our Click & Collect service. They can be ready to collect in two hours from your nominated
Post Office if you order by 2pm Monday - Friday.
Buy your euros from the Post Office.
| Pound | Euro |
|---|
| 100 pound (GBP) in euros = | €112.40 |
| 200 pound (GBP) in euros = | €224.80 |
Your bank or credit union is almost always the best place to exchange currency.
- Before your trip, exchange money at your bank or credit union.
- Once you're abroad, use your financial institution's ATMs, if possible.
- After you're home, see if your bank or credit union will buy back the foreign currency.
The exchange rate at your local bank is usually better than using a currency exchange provider at the airport. Many banks such as Bank of America and Citibank might not charge a fee and offer options such as mailing you the currency or conducting the transaction online.
Key Takeaways. For over 20 years the GBP has been stronger than the USD. Brexit weakened the British pound currency. In the 21st century, the GBP/USD pair has seen highs of around 2.00 and lows of around 1.22.
There is no best time to buy Euros.This is because currencies on the foreign exchange market are changing all the time in a way no one can predict, so the euro value that's available one morning might not be available the next, or even an hour from then.
Currency conversion can be an unnecessary expense, and it's one that you can avoid with some clever preparation for your travel, Hamm writes. Take some currency with you by exchanging some dollars for your foreign currency of choice at a large bank before you leave, Hamm advises.
If you're on a mission to save money, here are the cheapest ways to purchase foreign currency.
- Stop by Your Local Bank. Many banks and credit unions sell foreign currency.
- Visit an ATM.
- Consider Getting Traveler's Checks.
- Buy Currency at Your Foreign Bank Branch.
- Order Currency Online.
How to avoid fees with AIB:
- Use contactless over chip and pin and refrain from taking out cash.
- Take out a mortgage with AIB and pay it back from your AIB current account.
Yes, you can use your debit card in millions of shops and cash machines worldwide – anywhere you see the Visa sign. We'll charge you a 2.75% Non-Sterling Transaction Fee for using your debit card abroad when making purchases, withdrawing cash or when you are being refunded.
They're widely accepted—You can pay for just about anything with a debit card in the UK, from a carton of milk and the day's newspapers or beer in a pub, to large expensive goods. In the UK, people can even pay their taxes and electricity bills with a debit card. Cash machines, or ATMs are everywhere.
As a ballpark, the UK banks are charging around 3-4% of your transfer amount. Money transfer specialists can cost up to 60%-70% less. Most of the cost of an international transfer is embedded within the exchange rate (not the visible fees).
AIB ATM BankingYou can withdraw up to €600 from any ATM displaying the Visa / MasterCard logo, using your AIB Debit Card and PIN.
Paper Statement Fees at Top BanksAmong the larger banks, you'll typically pay a fee of $2 or $3 per monthly statement. Although that number might sound small, it adds up, and it's a fee that you shouldn't be spending your hard-earned money on.
With an international debit card, customers can go to a bank, credit union, or ATM and withdraw cash when needed, or make purchases at POS. International debit cards are supported by Visa or MasterCard, giving them recognition in foreign countries around the world.
This facility is available only via Internet banking. On a debit card, there are usually two types of charges.
| Amount | Internet banking charges | Transaction charges at bank branch |
|---|
| From Rs 2 lakh and up to Rs 5 lakh | Rs 5 plus GST | Rs 25 plus GST |
| Above Rs 5 lakh | Rs 10 plus GST | Rs 50 plus GST |
A facility fee is a charge for maintaining an overdraft on your current account. A facility fee of €25.39 is charged per annum or per overdraft sanction, whichever is the more frequent.
