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Banks and cashoints in North Cyprus

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jones243


Joined: 17/09/2010
Posts: 10

Message Posted:
28/07/2011 23:25

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Message 1 of 13 in Discussion

My Daughter is staying in the TRNC in Kyrenia this october for three months,My question is what is the best way to draw money out of her UK acount,Debit card, moneygram keep it under the bed etc.I dont want her to take several grand out in sterling for saftey sake so advice welcome.



Mark



paddywack


Joined: 04/05/2009
Posts: 959

Message Posted:
29/07/2011 00:10

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Message 2 of 13 in Discussion

I take very little cash when going to NC, just use ATMs same as in U.K.



judyr


Joined: 07/07/2009
Posts: 956

Message Posted:
29/07/2011 01:10

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Message 3 of 13 in Discussion

If she has, or opens, a Nationwide Flex account she can draw Sterling out free of charge and then change it to Lira at one of the money exchanges or simply use Sterling and change will be given in Lira. There are 2 banks that I use in the Girne area to draw sterling, HSBC and TEB. Not sure if there are any others but I am sure someone will confirm if there are.



bertieboss


Joined: 22/07/2011
Posts: 149

Message Posted:
29/07/2011 02:11

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Message 4 of 13 in Discussion

Get a Caxton FX global traveller prepaid card.

Cheapest way to manage your money abroad.

See moneysupermarket.com.



niceone


Joined: 08/06/2011
Posts: 60

Message Posted:
29/07/2011 04:54

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Message 5 of 13 in Discussion

My bank (natwest) charge me whether I withdraw lira or sterling :(



Agobard


Joined: 20/08/2008
Posts: 271

Message Posted:
29/07/2011 06:32

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Message 6 of 13 in Discussion

Message 1: Garanti Bank ATM outside Bektas Supermarket in Karaoglanoglu pays out Sterling so assume that other Garanti ATMs do as well.



Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
29/07/2011 09:50

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Message 7 of 13 in Discussion

I draw out Stg and pop into exchange for Lira. Been doing very well with this system lately!!

Halifax don't charge if I draw Stg. Stg. dispencers are 1) Garanti outside Bektas Supermarket in Karaoglanoglu. 2) Garanti outside Astro supermarket 3) Garanti just down from Deniz Plaza stationers 4) TEB near Mr. Pound 5) HSBC in Girne



There are obviously banks that give out Stg. on the East side but I don't know them. BTW Garanti and TEB will nearly always dispence Euro and Dollar as well.



T1



Redwine


Joined: 15/01/2009
Posts: 565

Message Posted:
29/07/2011 10:26

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Message 8 of 13 in Discussion

Msg 3

Nation wide stopped the free withdrawal a year last May. We joined them a year last April to do just that. The only had the account a month and they withdrew the free banking



Redwine


Joined: 15/01/2009
Posts: 565

Message Posted:
29/07/2011 10:27

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Message 9 of 13 in Discussion

I use my Nat west debit card. Charges are 2.00 on each transaction plus a fee of .50 (approx to a maximum of 4.50



Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
29/07/2011 11:11

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Message 10 of 13 in Discussion

Redwine you are wrong you can still withdraw sterling, you must have the cash card account which you don't have the same facility, if you have a flex account with a debit card and cheque book and free travel insurance there isn't a problem, used mine in NC Dec and January not charged, there are posts on here somewhere explaining it all many people there use theirs. msg 1 if your daughter goes to Nationwide tell her to make sure she has the right account.



petemate


Joined: 16/09/2008
Posts: 228

Message Posted:
29/07/2011 12:09

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Message 11 of 13 in Discussion

Does anyone know if the TSB charge to withdraw Sterling over here.

I have a Nationwide card which doesnt charge for Sterling, but have never tried it with my TSB card



the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
29/07/2011 12:53

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Message 12 of 13 in Discussion

Redwine,





I use my nationwide debit card to draw out sterling every week and they do not charge me for this. I then go to the exchange shop across the road and change into lira. Nationwide will charge you if you are drawing out lira.





The butlers wife



jones243


Joined: 17/09/2010
Posts: 10

Message Posted:
29/07/2011 14:25

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Message 13 of 13 in Discussion

Thanks a lot for the Help,will have to see nationwide as she only has a TSB acount,but it does seem like there is a few options available.Does TSB charge for drawing sterling out at the cashpoint ??.

Thanks again

Mark



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