Some of our most frequent customers for international money transfers are expats. Those who have moved away, whether that’s from Ireland to the UK, from Northern Ireland to the Republic, or further afield to the U.S. or Australia.
Many who have moved away need to regularly transfer money back home, whether that’s to service a mortgage or bills, or transfers to family and friends. For some, they’re getting money transferred to them from their homeplace.
The Irish and Northern Irish diaspora are notoriously spread all over the world, with an estimated one million Irish people living abroad. With just under half of those living in the UK, it is no surprise that some of the most common currency transfers we complete for expats is from Sterling to Euro, and vice versa.