Bank Money Transfer from UK Accounts to Hellenic Bank
Transfer money from a UK bank account to Hellenic Bank in Cyprus and attain the very best UK pound to euro currency exchange rates. The best alternatives for sending funds from the UK to a Hellenic Bank account in Cyprus, a currency broker will save you time and money on the transaction.
About Hellenic Bank
Hellenic Bank is a Cypriot bank and financial services company with headquarters in Nicosia and is the second largest bank on the island of Cyprus. The Hellenic Bank Group has a network of over 60 branches in Cyprus, employing around 1400 people. The bank has representative branches in Moscow, St.Petersburg, Kiev and Johannesburg.
Hellenic Bank UK Pound & Euro Exchange Rates
|Bank Name | FX Broker Comparison||FX Rate||GBP to EUR||FREE QUOTE|
|Hellenic Bank||*2.2%||€1.08 info||Enquire|
UK pound sterling (GBP) and euro (EUR) currency rates are updated daily at 09:00 GMT.
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from euro. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
Euro Transfer to/from Hellenic Bank in Cyprus
Making a transfer to or from the euro using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.
UK bank to Hellenic Bank account v Currency Brokers
1: Bank money transfer information: General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or €5521.119 euro. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
Sending Money Abroad with Hellenic Bank
To transfer funds abroad from your Hellenic Bank account, you have to give the beneficiary’s IBAN and BIC to the bank. There are two types of transfers:
1: Euro Transfers: transfers exclusively in euros for amounts less than or equal to EUR 50,000 within the European Union, including the precise bank details of the beneficiaries (i.e. BIC and IBAN).
2: International Transfers: any transfers within or to countries outside the European Union (other currencies, no IBAN, etc.)
International transfer requests may be submitted by fax as long as you have signed a request at your local Hellenic Bank branch.