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Changing Euros to another currency

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Changing Euros to another currency

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Old Jul 9th 2013 | 8:30 pm
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Default 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?
 
Old Jul 10th 2013 | 7:12 pm
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Default Re: Changing Euros to another currency

Originally Posted by julia4j
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
 
Old Jul 10th 2013 | 7:36 pm
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Default Re: Changing Euros to another currency

You've obviously never been to Cyprus!
 
Old Jul 10th 2013 | 10:53 pm
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Default Re: Changing Euros to another currency

There are many FX companies in Cyprus, suggest you try these.
 
Old Jul 10th 2013 | 10:58 pm
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Default Re: Changing Euros to another currency

Originally Posted by julia4j
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?
 
Old Jul 14th 2013 | 7:37 pm
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Default 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.
 
Old Jul 14th 2013 | 7:42 pm
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Default 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.
 
Old Jul 17th 2013 | 4:44 am
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Default 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.
 
Old Jul 17th 2013 | 7:47 am
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Default Re: Changing Euros to another currency

Thank you.
 

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