Send Money to Cyprus

World First
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
GCEN
Margin Rate: 1.5%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Currency Solutions
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: Not FCA Regulated

Countries in Cyprus

About Cyprus
Capital city: Nicosia
Currency: Euro (EUR)
Local time: GMT +2
Telephone code: 357

Currency rules

The Currency

Euro (EUR)

Cyprus officially joined the Eurozone on the 21st June, 2007, and went on to adopt the Euro as its official currency in January 2008.

The Euro took over from the Cypriot pound which was introduced by the British in 1879 and had equal value to the GBP up until 1972.

Currency Export regulations:

IF ARRIVING FROM OR TRAVELLING TO A COUNTRY WITHIN THE E.U.: amounts exceeding EUR 12,500.- or more or the equivalent in another currency (incl. banker's draft and cheques of any kind) must be declared.

IF ARRIVING DIRECTLY FROM OR TRAVELING TO A COUNTRY OUTSIDE THE E.U.: amounts exceeding EUR 10,000.- or more or the equivalent in another currency (incl. banker's draft and cheques of any kind) must be declared.

Currency Import regulations:

Same as export.

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