If you are travelling to the UK or any country that doesn’t use the EURO – it is very easy to use your debit card at an ATM to withdraw Sterling or other currencies – but be aware that your bank will usually charge you a fee.
The foreign (Non Euro) ATM cash withdrawal charges for the main Irish banks are listed below. (Fees for withdrawals of Euro abroad should always be the same as if you were in Ireland)
Ulster Bank 2% (min €3, max €12), plus foreign exchange fee of 1.5%
(Tip: If you use an ATM in the UK owned by Ulster Bank, Easy Cash,Royal Bank of Scotland or NatWest , you will not be charged the 2% fee))
AIB – Currency conversion fee of 2.5% (no cap) plus commission of 1% (min €2, max €6)
BOI 3.5% (min €3.17, max €11.43)
NIB 3.5% (min €3.17, max €11.43)
PTSB 3.5% (min €3.17, max €11.43)
So – a withdrawal of £200 at at ATM in the UK will typically cost you £7 (about €8 ) with most bank’s debit cards .
Making four smaller withdrawals of £50 will cost you the minimum fee €3.17 each time – so a total of €12.68
There will be no fee with an Ulster card at certain UK banks (see above)
Figures checked Aug 2013
If you are looking to transfer larger amounts of Euro to Sterling – take a look at our page on how to get the Best Euro Sterling Exchange Rates