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What is the local currency?

The official currency is the Euro (€).

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What denominations does it come in?

Notes in Euros: 5, 10, 20, 50, 100, 200, 500

Coins in Euros: 1, 2

Coins in Cents: 1, 2, 5, 10, 20, 50

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What is the best way to exchange currency?

Typically, currency can be exchanged at any bank or at the Dublin International Airport. If they do not have large amounts of the currency available that you want exchanged, they will order it for you. (Keep in mind that if you do this you will need to arrange it in advance.) Also, many post offices have a currency exchange facility and are open during the week and Saturday mornings.

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What are commonly-used forms of payment for everyday purchases (such as groceries)?

The most commonly-used forms of payment are either cash, credit or debit cards, checks and laser cards.

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Will I be able to use my credit card around town? If not, list when I’ll need cash.

Almost all shops and restaurants accept major credit cards, but it would be a good idea to carry a small amount of cash just in case. Also, you will find that ATM machines are widely available.

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By what method are bills (such as rent and utilities) paid?

Pre-authorized direct debits are commonly used to pay rent and utilities. Some bills can also be paid online or at your local bank when you bring the bill with you.

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What are the requirements for opening a bank account? At what stage of the settling-in process should I open it?

In order to open a bank account, you will need identification such as your passport, a utility bill with your name on it and a letter from your employer. It is recommended that you set up an account as soon as possible.

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Will foreign residents be able to find banking services in their native languages?

This will need to be arranged through the customer services representative of your bank. Online banking may be a successful alternative.

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Are there any restrictions on services for those who are new to your country?

If the appropriate documents are provided, there should be no restrictions on services if you are new to the country. However, it may take longer to receive a credit or debit card, checkbook, etc, this is due to time delays with overseas credit checks. It is advised that you start such things as soon as possible to avoid any inconvenience.

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What are typical banking hours?

Typical banking hours are Monday through Friday, 10:00 a.m. to 4:00 p.m. and closed Saturday and Sunday.

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Are automatic teller machines (ATMs) available around the clock?

Yes, these are widely available 24 hours a day, 7 days a week.

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Is there any other money information that might help me?

Although credit cards are accepted in most shops, please note that Ireland favors cash transactions.

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Useful Links

Exchange Rates:

www.xe.com/

 

Listing of Banks in Ireland:

https://www.finditireland.com/

 

IMPORTANT NOTE:

Crown Relocations has made every effort to present accurate information. However, regulations, rates and other variables are subject to change and Crown Relocations cannot accept responsibility for the errors that might result. Please contact your closest embassy or consulate for confirmation.

 

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