Question 1

What's the best way to transfer money from Romania to Cyprus?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Romania to Cyprus. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Romanian Leu to EUR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send RON to EUR in Cyprus. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Cyprus from Romania. We provide you with maximum choices to send money to Cyprus by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best remit rate for transferring money from Romania to Cyprus?

Accepted Answer

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Romania to Cyprus transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your RON to Euro international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Romanian Leu to Euro exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.

Question 3

What's the cheapest way to send money to Cyprus from Romania?

Accepted Answer

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Romania to Cyprus via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Romanian Leu to Euro remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Romania to Cyprus exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for RON to EUR remittances.

Question 4

How to send money to Cyprus from Romania through a bank?

Accepted Answer

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Romania to Cyprus money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like RON to EUR transfers.

Given this, there are umpteen additional options to send money to Cyprus instead of just your Romania bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Romanian Leu even more so that your recipient in Cyprus gets the maximum amount.

Question 5

How to send money from Romania to Cyprus fast?

Accepted Answer

If you need to convert RON to EUR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Romania to Cyprus could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Romanian Leu to Euro funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Cyprus.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Romania to Cyprus. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money to Cyprus from Romania?

Accepted Answer

The first step in selecting the best money transfer operators for Romania to Cyprus remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Romanian Leu to Euro money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Cyprus.

Question 7

Step by step guide to send money from Romania to Cyprus

Accepted Answer

With so many possible ways to transfer Romanian Leu to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Romania to Cyprus remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Romania and the receiver in Cyprus. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your RON to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 RON	0.20 EUR
5 RON	0.98 EUR
10 RON	1.97 EUR
25 RON	4.92 EUR
50 RON	9.83 EUR
100 RON	19.66 EUR
150 RON	29.49 EUR
200 RON	39.32 EUR
250 RON	49.15 EUR
300 RON	58.98 EUR
400 RON	78.64 EUR
500 RON	98.30 EUR
600 RON	117.96 EUR
700 RON	137.62 EUR
800 RON	157.28 EUR
1000 RON	196.60 EUR
1500 RON	294.90 EUR
2000 RON	393.20 EUR
2500 RON	491.50 EUR
3000 RON	589.80 EUR
4000 RON	786.40 EUR
5000 RON	983.00 EUR
10000 RON	1,966.00 EUR
15000 RON	2,949.00 EUR
20000 RON	3,932.00 EUR
30000 RON	5,898.00 EUR
40000 RON	7,864.00 EUR
50000 RON	9,830.00 EUR
100000 RON	19,660.00 EUR

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