MoneyTransfers
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Best Ways to Send Money to Cyprus

Find fast, low cost transfers, the best exchange rates, and top rated customer support on transfers to Cyprus.

Read on for reviews, expert advice, and all you need to transfer money to Cyprus easily.

Jonathan Merry
Author 
Jonathan Merry
3 minutes
November 21st, 2023
Disclosure
Best Overall
8.9
TorFx

TorFX is the best overall transfer provider that appears in our search results to Cyprus.

Fastest Option
9.2
Wise

Wise tends to offer fast transfer times to Cyprus for many origin countries and send amounts.

Cheapest Option
8
Instarem

Users who searched with our comparison tool found Instarem often had the lowest rates and fees for sending to Cyprus.

Find the latest rates and fees for sending money to Cyprus

There are multiple ways to easily send and receive money in Cyprus but these will largely depend on the provider you decide to use.

What’s the Fastest Way to Send Money to Cyprus?

The fastest way to send money to Cyprus is through Western Union’s fast option. With Western Union’s fast option, your money should reach its Cypriot destination in a matter of minutes. Western Union is also one of the most ubiquitous money transfer services in the world, so finding a local branch shouldn’t be hard in most countries.

The main downside to Western Union’s fast option is that it is quite expensive.

What’s the Cheapest Way to Send Money to Cyprus?

The cheapest way to send money to Cyprus is through OFX. With OFX, you only pay a small percentage of each transaction. It should be noted that OFX does carry a minimum transfer size requirement which is significantly higher than the competition. Despite this, the percentage of each transfer that they charge you cannot be beaten. Also, the more money you send through OFX in a single transfer, the cheaper the transfer becomes. The result is rates that cannot be beaten, and it typically only takes a day or two for your money to reach its Cypriot destination.

What’s the Easiest Way to Send Money to Cyprus?

The easiest way to send money to Cyprus is through Wise. Wise makes it easy to send money to and from any country with their intuitive peer-to-peer system. All you need to do is tap in an amount of money and a destination. After that, all you must do is pay Wise for the transaction and wait one or two days for the money to reach its Cypriot destination.

What’s the Overall Best Way to Send Money to Cyprus?

The overall best way to send money to Cyprus is through OFX. With OFX, you are getting the best-rounded deal. OFX charges lower rates than the competition and is quite easy to use. Their waiting times are relatively short as well.

The USD to EUR exchange rate

Mid-market Rate
1
= 0.91875 EUR
Mid-market rate at: 15:52 UTC
USD/EUR Median: 0.917100 Low: 0.912950 High: 0.918920
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Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com