FAQ – Send money to Cyprus

Answers about money transfers to Cyprus with Fonmoney, from paying in pounds to the CY IBAN and how your money is protected.

← All money transfer FAQ  ·  Send money to Cyprus →

Before you send to Cyprus

Below are answers to common questions about sending money to Cyprus, including sending from the United Kingdom.

▸ Can I send money from the UK to Cyprus with Fonmoney?

Yes. You pay in British pounds by card or bank transfer, and the recipient in Cyprus receives euros. The rate and the euro amount are shown before you confirm.

▸ What does a Cypriot IBAN look like?

It starts with CY and has 28 characters: two check digits, a bank and branch code, then the account number. The recipient finds it in online banking or on a bank statement.

▸ Which other countries can I send from?

From other countries outside the eurozone: Switzerland, Canada, Norway, Sweden, Denmark, Poland, Czechia and Hungary, and also from Chile and Mexico.

▸ Which Cypriot banks can receive my transfer?

Any bank with a CY IBAN, for example Bank of Cyprus, Hellenic Bank, Eurobank Cyprus or Alpha Bank Cyprus. Besides the IBAN, you only need the account holder's full name.

Fees, payment and regulation for Cyprus transfers

▸ What will my transfer to Cyprus cost?

It depends on where you send from, how much you send and how you pay. The fee, the exchange rate to euros and the amount credited appear before you confirm, and nothing is added afterwards.

▸ Can I pay by card?

Yes, by credit or debit card. Bank transfer works too; the methods offered at checkout depend on your country.

▸ Why does Fonmoney ask for my ID?

Money transfer providers in Europe must identify every sender. You show an ID document when you open your account.

▸ Who supervises Fonmoney?

Fonmoney is a payment service regulated in the European Union (Banco de España) and the United Kingdom (FCA). Your payment runs over an SSL-encrypted connection.

Cyprus transfers with Fonmoney: the key facts

Banco de España — European Union

Supervised as a payment service provider in the EU.

FCA — United Kingdom

Authorised by the Financial Conduct Authority in the United Kingdom.

All Cypriot banks

Euros go to any account with a CY IBAN.

★★★★☆ 4.3 out of 5 on Trustpilot

Based on 3,942 customer reviews.

Before each transfer to a bank account in Cyprus you see the fee, the rate and the euro amount. Anything unclear? Contact us.

Cyprus — Money transfers with Fonmoney

Send money to a bank account in Cyprus with Fonmoney

Services for Cyprus with Fonmoney

Bank transfers in euros and mobile top-ups for Cyprus

Newsletter