Hi everyone,
Hoping to send around €40k from Ireland to my US bank account. Current going rates at banks like AIB or BOI are $40-41k meaning they’re cutting about 1-2k in commission which is a bit mad IMHO.
Any good and reliable service where I can send this money to my US bank account?
I’ve heard about Wise and they seem to have great rates but I’ve also heard of people accounts being locked for months when sending a large amount
Another option I know and use is MoneyGram, which has very low fees but the monthly transfer allowance is €10,000. Would making multiple accounts allow me to send up to the 40k I’m hoping to do or any other way to get around it?
Any other suggestions?
PS I am obviously aware of reporting to the IRS.
Thanks.
Hoping to send around €40k from Ireland to my US bank account. Current going rates at banks like AIB or BOI are $40-41k meaning they’re cutting about 1-2k in commission which is a bit mad IMHO.
Any good and reliable service where I can send this money to my US bank account?
I’ve heard about Wise and they seem to have great rates but I’ve also heard of people accounts being locked for months when sending a large amount
Another option I know and use is MoneyGram, which has very low fees but the monthly transfer allowance is €10,000. Would making multiple accounts allow me to send up to the 40k I’m hoping to do or any other way to get around it?
Any other suggestions?
PS I am obviously aware of reporting to the IRS.
Thanks.