How To Transfer Money to Cyprus
Cheapest and fastest ways to move money to your Cyprus bank.
Updated April 2026
The difference between methods can cost hundreds per year.
Options Ranked (Cheapest First)
Wise
Real mid-market rate, 0.4-0.6% fee. 1-2 business days. No hidden markup.
Revolut
Free during weekday hours (limits apply). Weekend: 0.5-1.5% markup.
SEPA (EUR→EUR)
Free or €0-2 between EU banks. No conversion needed. 1 day.
PayPal
3-4% combined fees. Last resort only.
Bank SWIFT
Worst option. €15-35 fee + 2-4% hidden markup. A £3,000 transfer costs €60-120 more than Wise.
From a local: I use Wise for monthly GBP→EUR transfers. Saves €40-60/month vs my old bank transfer. That’s €500-700/year.