International pengeoverførsels tjeneste
Despite the clear public anger (51 percent of Germans polled opposed the German aid euro package, according to a survey), the German chancellor Angela Merkel along with the finance minister Wolfgang Schaeuble defended the bill noting that this action is vital for the euro. ...
The ECB lowered its benchmark lending rate to 3.75 percent from 4.25 percent, effective from October 15, the Frankfurt-based bank said in a statement.
The move sparked immediate calls for Irish banks to pass on the 0.5 percentage point cut in rates to mortgage holders. If the full amount was passed on it would see an average €250,000 mortgage over 25 years drop by up to €90.
As a 100% Irish owned company, TransferMate can guarantee the security of all our international transfers.
We have foreign exchange accounts in the Irish banks safeguarded by the new Government arrangement meaning customers lodging funds through our TransferMate service are guaranteed total security for their lodgements.
No other country has issued this safeguard – putting TransferMate ahead of all other foreign exchange providers based outside of Ireland.
The Government’s guarantee is effective immediately and will safeguard all deposits, covered bonds, senior debt and dated subordinated debt with Allied Irish Bank, Bank of Ireland, Anglo Irish Bank, Irish Life and Permanent, Irish Nationwide Building Society and the Educational Building Society until September 2010.
The move is in response to the impact of the recent international financial market crisis on the Irish banking system and shows great resolve by the Irish Government. It aims to maintain financial stability in the Irish economy.
This 100% guarantee is in contrast to other countries in the Eurozone who only provide a guarantee to a maximum of €20k. ...