Moving to Cyprus best way to transfer currency

Cyprus › Finance, Currency, Insurance & Taxes › Moving to Cyprus best way to transfer currency

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  • 07/03/2022 at 6:15 PM #120441
    neocozy

      Hi,

      I’m moving to Paphos. I’ll be buying a property and once I’ve moved over to Cyprus, I plan to live off a pension paid into my UK bank account.

      What is the best way for sending money to Cyprus? Firstly, when I pay for the property and then for my monthly pension payments.

      Any advice would be appreciated.

      Linda

       

      22/03/2022 at 1:11 AM #120587
      Fayeden

        Hi Linda,

        A currency transfer specialist can help you with all your international money transfer needs.

        When buying your property they’ll sort out a great exchange rate for you, generally much better than your high street banks. And at the same time, they can lock in the exchange rate for when you have to pay the balance.

        Then when you are living out in Cyprus and start sending your pension payments from the UK to your Cypriot bank account, they’ll be able to lock in the exchange rate for up to two years.

        Speak to Hawk FX, they’ll take you through the whole process without any jargon.

        TOP TIP – Open an account early on. Its free and you get instant access to their experts.

        I hope this helps!

        Faye

         

        05/05/2022 at 5:49 PM #120810
        ParisWaka

          Not just good for pension payments.

          I use them for the mortgage payments on my proprety. They deliver the best value and no nasty surprises!

           

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