Whether you're supporting loved ones overseas, paying for international services, or making financial investments, sending money abroad from Ireland can be easy. However, with the multiple options to choose from, finding the fastest, most affordable option that fits your exact needs might be a challenge.

This is why we’ve put together this guide to help you make an informed decision. At the end of this article, you’ll know how to send money from Ireland to its destination securely and on time.

Factors to Consider When Choosing a Money Transfer Method in Ireland.

There are so many factors that will influence your transfer method. So before choosing an option, here are some things you should consider and decide on;

The amount you’ll be sending.

Will you be sending a huge bulk sum or do you need to make regular transfers at frequent intervals? For bulk sums, you may want to consider a traditional bank because of the extensive processes it goes through. However, for regular amounts, using a platform like OhentPay will be a better choice.

How fast should it get there?

Speed is a key factor because money transfer services offer these almost instant transfers if you need to make faster payments. For example, on platforms like traditional banks or Western Union, it could take up to five business days to process international transactions.

The transfer fees.

Now many platforms can be shady when it comes to these fees. So you want to opt for a platform that offers you transparent pricing. This includes any exchange rate margins and processing fees. A reliable platform that you can use for international money transfers even to Ireland is OhentPay, because they offer low transfer fees on all personal transactions to over 190 countries.

OhentPay charges a service fee of £1.99 for personal accounts or its equivalent in other currencies.

The recipient’s location.

Some services have limitations on what countries you can send money to. For example, some transfer apps will only let you send money to countries like the US, UK and Germany. However, there will be no option for EU and African countries. 

Fortunately, OhentPay allows you to send money to over 190 countries in the world. So you’re guaranteed access to more locations including popular African countries like Nigeria, Ghana, Kenya and more.

How To Send Money Abroad from Ireland Using OhentPay.

Ohentpay is a money transfer service that allows you to send money to over 190 countries in the world. Here, you can exchange up to 30 currency pairs, and enjoy super-fast delivery with no hidden fees or charges. There are also competitive and highly favourable exchange rates. 

To use this service to send money from Ireland, simply;

• Download the Ohentpay app and create an account.
• On the home screen, tap on the blue arrow shield and ensure the currency is set in Euros.

• Enter the amount you’d like to transfer and tap on select recipient.

• Under the recipient option, choose the country, currency and bank details of the recipient. 
• Review and when you’re satisfied, tap on ‘Pay with Card’.
• If you haven’t added a card, you can do this by tapping on the ‘Add New Card’ icon.
• Review the transaction before tapping on ‘Send Money’.
• Alternatively, you can top up your Euro balance on Ohentpay and then directly make a transfer to the recipient’s account. Your transfer from Ireland will reach the receiving bank within the estimated delivery time shown to you at the review stage.

How To Send Money from Ireland Using a Traditional Bank.

In Ireland, traditional banks are still an excellent and effective way to send money abroad. If you need to send bulk payments, you’ll need a higher transfer limit. It is also perfect if you prefer to visit a branch when processing a transaction. The only downside is that bank transfers take longer to process and the exchange fees can be quite high when compared to other options.

To send money via traditional banks in Ireland, simply;

• Ensure you have the recipient’s banking details and a clear purpose for the transaction.
• Fill out the bank transfer form which can usually be found online on your bank’s website.
• Take it to the nearest local branch and follow the steps required.

Since the requirements vary with each country, we recommend contacting your bank before the process.

Wrapping Up.

Sending money abroad involves careful consideration. So by understanding your options, comparing fees, and choosing the right method, you can ensure your international transfers are secure, efficient, and cost-effective.

If you’d like to send money from anywhere in the world and prefer fast transfers at great rates, we recommend the OhentPay money transfer service. Create an account to get started here.