Dublin & Area Banking & Taxes

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Dublin & Area Banking & Taxes

• A WorldWeb.com Travel Guide to Banking & Taxes in Dublin & Area, Ireland.

Banking, Currency and Taxes in Ireland
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The Irish banking system is modern and there are branches of all the major Irish banks in all but the smallest of places. Most branches have modern cash dispensers that enable visitors from other countries to withdraw cash from their bank and credit card accounts. This is convenient because travellers can withdraw only the amount of money they need and thereby avoid carrying around large amounts of cash. This method and the direct use of credit cards are becoming the most common means of paying for items for most travellers. Travellers' cheques provide security, but banks charge a hefty transaction fee for cashing them.

Check with your local Irish consular authority concerning importing or exporting large amounts of cash in any currency. The Irish currency is now the Euro and all transactions occur in this currency. Few stores or services are willing to conduct business in any other currency with the exception of U.S. dollars on occasion. But it is adviseable not to rely on this and count on using Euros for everything. Ireland has a Value Added Tax (V.A.T.) that is included in the price of all goods and services. Visitors are entitled to claim this tax back on purchases made over a certain amount, upon or after leaving the country

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WorldWeb.com provides comprehensive travel information for Dublin & Area, Ireland and beyond. In addition to offering great deals on hotel and car reservations, WorldWeb.com connects you directly to local businesses including lodging providers, restaurants, transportation services, tour operators and more.