Compare Hellenic Bank euro currency transfer options to/from Cyprus. You can beat Hellenic Bank euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your Hellenic Bank account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 2.2% and additional bank transaction or commission fees may apply.
Hellenic Bank international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your Hellenic Bank account in Cyprus needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 euro (EUR) using Hellenic Bank services would have a transaction exchange rate margin of around 2.2% – or 2,200 EUR. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 700 EUR in total, which is a large saving over the bank service.
International money transfers from Hellenic Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Hellenic Bank account holder to use their services. Hellenic Bank may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000.
Unless you pay a premium, Hellenic Bank’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Hellenic Bank was originally created in 1976 and today is a local banking company in Cyprus with 52 local banking branches. Hellenic Bank offers banking services to Cypriots and is currently at the forefront of rebuilding and the transformation of Cyprus’s financial industry.
Find Hellenic Bank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Hellenic branches in your search area results.
You can find answers to everyday banking questions at Hellenic online. If you can’t find the answer you’re looking for, you can call them from outside Cyprus on +357 22 500 500
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Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers