Bank commission for encashing TQ

Tatarin


Joined: 28/01/2008
Posts: 9

Message Posted:
29/01/2008 00:43

Good night everybody new person here



Planning to travel to North Cyprus shortly with maybe stupid idea to purchase property.

Wondering about local bank commision for AmEx travel cheques. What is better to get TQ nominated in USD or Euro? My developers could say nothing about it.

Highly appreciate your thoughts.

Many thanks and best

simbas



Joined: 16/07/2007
Posts: 5943

Message Posted:
29/01/2008 06:30

hi tatarin welcome to the forum , i dont think it's a stupid idea to purchase a property in nc , just the opposite , its a wonderful country as the posts will belie , just be very careful in your choice of builders.as we say on this forum so so many times do your homework , RESEARCH RESEARCH RESEARCH you cant do enough ,also draw on the members experiences we do our best to help and ease your passage to ownership in nc

good luck simbas

paul90


Joined: 07/11/2007
Posts: 350

Message Posted:
29/01/2008 10:45

Tatarin - if you live in the UK now than get Travel Cheques in £ Sterling.

If you choose $ or Euro then you get two lots of commission charges - one from £ to the "foreign" currency and then a second from the "foreign" to TYL.

This is for your holiday spending money.

If you want to put down a deposit on property then make a bank transfer in £ Sterling from UK when you get back.

Hope this helps,

Tatarin


Joined: 28/01/2008
Posts: 9

Message Posted:
29/01/2008 22:21

Good advice but next to impossible to follow. My nick can illuminate my origin. So that my questions remain open.



Hope for some help.