Send Money Transfer to Cyprus from the UK
Whatever your reason for sending money to Cyprus. Compare Money Transfer will make your currency transfer as straight forward and cost-effective as possible.
- Buying property in Limassol?
- Emigrating to Limassol?
- Paying Overseas Services / Importing / Exporting to Limassol?
- Regular Payments to Limassol?
Currency for Cyprus?
The Euro (EUR) is now the official currency of Cyprus. Cyprus prior currency, the pound, has now been phased out as legal tender and is no longer accepted.
Send Money Transfer to Cyprus
One of the important factors that affect money transfer to Cyprus is the highly fluctuating currency rates. It is not advisable to transfer money to Cyprus when the current trends are highly volatile. However, if you can get professional guidance from a money transfer broker. Hence you will be able to not only save money but, you will also be able to make a profit with each transfer.
Money transfer brokers have vast experience in foreign currency exchange transfers. Also, they will be able to analyze the market in the most accurate fashion helping you make profitable money transfer to Cyprus. They will be able to get you the best exchange rates for your currency when you want to save money to Limassol.
If you happen to send money frequently to Limassol, you will have to make sure to work closely with a money transfer broker. This will ensure that you are not losing money with each transaction. The Foreign currency exchange rate is not the only factor that affects your money transfer to Cyprus.
Best way to transfer money from the UK to Cyprus
There are a number of other factors such as service charges, transaction fees and other hidden charges. Many people get sucked into all these unnecessary charges and fees by going to high street banks when they want to send money to Limassol. High street banks often give very poor exchange rates for your currency besides that they do not guide you in terms of timing your money transfers. They operate in a mechanical way and you may end up losing a considerable amount of money with each transfer as you will not get any personal attention.
Added to that you will be levied with a lot of other charges in the form of the transfer fee. Hence, service charges and other hidden charges and taxes. You can simply bypass all these charges and save a considerable amount of money. Compare different money transfer services and pick the best company for your money transfers. You can easily compare different money transfer services at our website and we bring to you only the best companies that you can rely on all your money transfer needs to Cyprus.
If you are buying a property in Cyprus, you may have to send a considerable amount of money to Cyprus. However, the purchase process may be a long one spanning anywhere between two to three months.
This is a huge window for currency exchange rates. You may end up paying more for your property in the form of poor exchange rates. So you can get help from a money transfer broker and freeze your currency value at the best rates and get the best value for your money. This is one of the best ways of transferring money to Cyprus.
