With online banking it is simple to transfer money to your Cyprus bank account however you may benefit from shopping around “foreign exchange” companies who may provide a, lower-cost alternative online transfer from the UK to Cyprus and vice versa.

As a member of the EU, bank to bank transfers are relatively straight forward. This includes transfers in Euro as well as foreign currency such as Sterling. If the transfer is above £3,000 banks in Cyprus will require information such as the source of the money being transferred and the ID of the person making the transfer.

Please remember that bank transfers of Sterling from the UK to a Cyprus Euro account will also include the cost of currency conversion.

Latest News

EU Entry/Exit System

From 12 October 2025, the European Union’s (EU) new Entry/Exit System (EES) will begin. This is a new digital border system that will change requirements for British citizens travelling to the Schengen area. Read more here about what you should do 

URGENT SCAM WARNING

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Please read the booklet below and information sheet for useful and essential information if and when you - or those you know - are effected by fire.  Fire safety and evacuation guide 2025 Forest Fire Protection in Cyprus - Booklet Fire safety and evacuation guide...

Help Desk

Do you need advice on matters relating to living, working or retiring in Cyprus?

Whether you already live on island or plan to move out to Cyprus, the Cyprus Residents Planning Group can help navigate you through the visa and residency permit procedures.