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-   -   Changing Euros to another currency (https://britishexpats.com/forum/cyprus-117/changing-euros-another-currency-802452/)

julia4j Jul 9th 2013 8:30 pm

Changing Euros to another currency
 
I live in Cyprus and, in the next few months will be going abroad and need to change my currency into Romanian currency, Shekels and Canadian dollars. If I were in the UK I would do this through moneysavingexpert.com but, as it is, I have no idea how to do this apart from the fact that banks, apparently, charge an arm and a leg, any advice anybody?

Mitzyboy Jul 10th 2013 7:12 pm

Re: Changing Euros to another currency
 

Originally Posted by julia4j (Post 10792556)
I live in Cyprus and, in the next few months will be going abroad and need to change my currency into Romanian currency, Shekels and Canadian dollars. If I were in the UK I would do this through moneysavingexpert.com but, as it is, I have no idea how to do this apart from the fact that banks, apparently, charge an arm and a leg, any advice anybody?

Have you actually tried the banks? Banks seem to have a different attitude in Europe to UK banks as regards to currency. In Spain for instance they charge relatively little and sometimes nothing

julia4j Jul 10th 2013 7:36 pm

Re: Changing Euros to another currency
 
You've obviously never been to Cyprus!

zygiman Jul 10th 2013 10:53 pm

Re: Changing Euros to another currency
 
There are many FX companies in Cyprus, suggest you try these.

Mitzyboy Jul 10th 2013 10:58 pm

Re: Changing Euros to another currency
 

Originally Posted by julia4j (Post 10794439)
You've obviously never been to Cyprus!

No, I havent, I was just trying to help by making a general observation. So are you saying you've called the banks and they WILL charge you a fortune then?

ANye Jul 14th 2013 7:37 pm

Re: Changing Euros to another currency
 
I'd look around for a reputable foreign exchange company. They can monitor the currency market for you and give advice on when is best to trade. Typically they can save you up to 4% on the exchange rate compared to a bank, which is rather significant if you're emigrating, buying overseas property or sending large sums internationally.

julia4j Jul 14th 2013 7:42 pm

Re: Changing Euros to another currency
 
No, I just am going on several trips abroad from Cyprus on business so need some cash as not all places in all countries accept credit cards.

Veronica-K Jul 17th 2013 4:44 am

Re: Changing Euros to another currency
 
There are plenty of money exchange agents which give much better rates than banks.
If you live in the Paphos area there is a really good guy in the plaza at the sea front. The one with the captains view restaurant at the entrance.

julia4j Jul 17th 2013 7:47 am

Re: Changing Euros to another currency
 
Thank you.


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