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Cyprus Pounds
lindamartin
Posts: 13 Forumite
Official MoneySavingExpert.com Insert:
The Cypriot Pound was replaced by the Euro as the official currency in Cyprus on 1 Jan 08 so if you were saving old cash for a future trip to Cyprus you won’t be able to spend it.
Officially Cypriot pounds can be changed free of charge at Cypriot credit institutions until 30 June 08. In the UK this means the two London branches of the Bank of Cyprus. If you are planning to go back to Cyprus any bank will change the money to Euros until 30 Jun 08 and the central bank in Nicosia until 2017.
As at 2 June some bureau de change are also still changing the Cypriot pound back to sterling, including Travelex branches, TTT Moneycorp at Gatwick and Stanstead airports and HBSC, so others may be too. Travelex will only change money until 30 Jun 08, whilst TTT Moneycorp and HSBC can't guarantee how long they'll be doing it, so it’s best to change your cash now if you have some hanging around the house.
If you’ve missed the deadline, Oxfam take expired foreign currency as a donation.
Many thanks to MoneySaver lindamartin and travellingbum for the top spot!
I have just 500 cyprus pounds that my hubbie had stashed from our last holiday. This is a lot of money to lose and i have tried to get it exchanged but due to the change in currency no one wants to know. I have tried my own bank, local exchange offices but had no success. Any suggestions anyone? :mad:
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The Cypriot Pound was replaced by the Euro as the official currency in Cyprus on 1 Jan 08 so if you were saving old cash for a future trip to Cyprus you won’t be able to spend it.
Officially Cypriot pounds can be changed free of charge at Cypriot credit institutions until 30 June 08. In the UK this means the two London branches of the Bank of Cyprus. If you are planning to go back to Cyprus any bank will change the money to Euros until 30 Jun 08 and the central bank in Nicosia until 2017.
As at 2 June some bureau de change are also still changing the Cypriot pound back to sterling, including Travelex branches, TTT Moneycorp at Gatwick and Stanstead airports and HBSC, so others may be too. Travelex will only change money until 30 Jun 08, whilst TTT Moneycorp and HSBC can't guarantee how long they'll be doing it, so it’s best to change your cash now if you have some hanging around the house.
If you’ve missed the deadline, Oxfam take expired foreign currency as a donation.
Many thanks to MoneySaver lindamartin and travellingbum for the top spot!
__________________________
I have just 500 cyprus pounds that my hubbie had stashed from our last holiday. This is a lot of money to lose and i have tried to get it exchanged but due to the change in currency no one wants to know. I have tried my own bank, local exchange offices but had no success. Any suggestions anyone? :mad:
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Comments
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Bank in Cyprus will accept them until 30 June. After that only the central bank in Nicosia will change them for a period of 10 years.
Alternatively Travelex and TTT Moneycorp will exchange them for GBP in Gatwick and Stansted airports. They accept most of the expired European currencies.0 -
Many thanks for the advise. I will give it a go. Wish me luck:T0
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