The currency is the Cyprus pound (C£), which is divided into 100 cents. Major credit cards are accepted at most establishments. Money and travelers cheques can be exchanged at banks; it is best to take them in Pounds Sterling. Banks are closed on weekends. There are ATMs spread throughout the island, operating 24 hours a day.
Currency exchange: Visitors wishing to obtain non-Cypriot currency at Cypriot banks for business purposes are advised that this is only possible by prior arrangement. ATMs operate 24 hours in main towns and tourist areas.
Credit & debit cards: All major credit cards are accepted at most places. Check with your credit or debit Card Company for details of merchant acceptability and other services which may be available.
Traveler's cheques: May be cashed in all banks. To avoid additional exchange rate charges, travellers are advised to take travelers cheques in Pounds Sterling or Cyprus Pounds.
Currency restrictions: The import of local currency is unrestricted, subject to declaration; foreign currency for amounts over US$1000 (or the equivalent in other currency) must be declared. The export of local and foreign currency is limited to the amount declared on arrival. Local currency withdrawn from Cypriot banks may be exported provided a holding certificate is obtained by the bank. |