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Bank of Cyprus Existing customers only - Open an account to exchange money - A Bank of Cyprus International bank account available in multiple currencies and will offer better exchange rates and reduced transfer fees if account is opened
Bank of Cyprus is able to offer its customers an easy way of transferring money abroad as well as offering solutions to help mitigate risk when dealing with foreign exchange. Personal customers can forward payments to an international account, while businesses have a number of options when transferring funds abroad.
Spot contracts allow businesses to convert currency so that foreign trading partners can receive funds. The currency is converted at an agreed exchange rate two days before the transfer occurs. If customers have a specific date as to when they would like to transfer the funds, then they can set up a Forward contract. This will allow for a fixed exchange rate, which is set at the time of the agreement.
If businesses carry out a lot of foreign currency transfers, then they can also take advantage of a foreign currency Business Current account, which are available in Euros and US Dollars.
Bank of Cyprus can offer its personal and business customers a straightforward solution for transferring money abroad. Business users can take advantage of a number of solutions depending on their requirements.
Customers can apply for a Bank of Cyprus account by visiting the website. Business users will need to hold a business account with Bank of Cyprus so they can take advantage of the business solutions on offer. The customer should retain a copy of any terms and conditions for their own records.
to receive a FREE transfer.
+44 345 850 5555
Bank of Cyprus
87 Chase Side,, Greater London,, Greater London,, United Kingdom, N14 5BU
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