Note 

The above exchange rates are based on market sources (like Bloomberg) plus a margin (FX rate mark-up) set by the Bank to cover costs and currency risk.

These rates apply to transactions executed outside the eFX Convert service (through Bank of Cyprus branches– except airport branches – or payment orders through 1Bank) for amounts up to EUR 20,000 or equivalent. Above rates may be updated during the day and include up to 0.75% margin for main currency pairs (EURUSD, EURGBP, EURCHF, EURJPY) and up to 4.2% margin for other currency pairs. For transactions over EUR 20,000 or equivalent the exchange rates are provided by either the Bank's branch or the relevant department which executes the transactions. The margin is up to 0.75% for main currency pairs and up to 2% for other currency pairs.

For transactions executed through the eFX Convert service, please refer to the service’s Terms and Conditions for further details.

Transactions involving foreign currency cheques or banknotes are handled at Bank branches. The exchange rate includes a margin of up to 3.9% and 6.5% respectively