From supporting loved ones to splitting costs with a friend, there are so many reasons why you may need to send money from Ireland to the United Kingdom. And with the sharp shifts in exchange rates in recent times, it’s important to have your questions about transferring money from Ireland into a United Kingdom bank account answered.

Here are the most asked questions about sending money from Ireland to the United Kingdom, including the most reliable options, how long it takes, and how to send money from Ireland to the UK online with Money Jar.

What are the best ways to transfer money to the UK?

Sending money from an Irish bank account to a UK bank account is not complicated and truth be told, there are a lot of options out there. Some of the most popular methods include:

• Bank transfers are one of the most tried and tested methods of transferring money to a bank account outside of Ireland. Keep in mind that although the majority of banks in Ireland support transfers to the UK, transfer fees can be high and exchange rates can be weak, so it’s worth checking in on both before choosing this method.
  
• Western Union offers money transfers to nearly every country in the world so rest assured it is possible to utilize its services for sending money from Ireland to the UK. You can send money either online or in person at one of their locations across the country. Read more about making international money transfers with the Western Union here.
  
• Online money transfers are becoming one of the most hassle-free and straightforward ways to send money from Ireland. An online money transfer can be done with a dedicated money transfer app or through selected bank providers. With a digital account with Money Jar, you can make foreign exchange transfers to the United Kingdom directly from the app with a few simple clicks.

How do I find the best EUR-to-pound exchange rate?

Exchange rates can vary regularly and when a transfer is made, it is calculated based on the markets at that exact time.

While one way to ensure you get the best EUR-to-pound exchange rate is to keep a close eye on the market, remember that providers also tend to charge specific rates and fees for foreign exchange transfers and so make sure to shop around and compare foreign transaction fees to ensure you’re getting the best value for your money.

At Money Jar, we strive toward full fee transparency and this is no different when it comes to our foreign exchange transfers. This means you will always review the fees and exchange rate before confirming the transfer.

What details do I need to transfer money from Ireland to the UK?

The documents you need to make a transfer may vary for a number of reasons however you can typically expect to need the following details.

• A valid photo ID: This can be a driver’s license, passport, or government-issued ID
• Recipient information: This includes the person or company name, contact details, bank account number, IBAN, and the bank provider address

How long does it take to make a transfer into a UK bank account from Ireland?

Your transfer time will likely depend on a number of factors such as processing time for the currency and what day of the week you choose to make the transfer. Transfers from Ireland into a UK bank account with Money Jar can take up to two working days. Read more about making foreign exchange transfers with Money Jar here.

Sending money to the United Kingdom with Money Jar

Money Jar customers can send money abroad with just a few simple clicks within the app. As well as being able to send EUR transfers inside the EEA, you can send money to a number of popular countries with more being added regularly. When sending money to The United Kingdom with Money Jar, you will be able to send EUR to GBP (British Pound).

Here’s how a transfer with Money Jar works:

• Open the Money Jar app and click on the ‘Payments’ section at the bottom of the screen
• Click on ‘Foreign Exchange Transfer’
• Add a new account to transfer money to or use an existing one
• Enter the amount you want to send in EUR or the amount you would like your recipient to receive
• Before you confirm the transfer, the exchange rate and all relevant fees will be displayed

Find out everything you need to know about signing up for a digital account with Money Jar here.