Send Money from the USA to Cyprus

Measured on the full cost — the transfer fee plus the exchange-rate margin — Remitly is cheapest on this corridor at $1,000, across the 5 providers we hold checked figures for. Revolut advertises no transfer fee here, which looks cheaper and often is not: a provider with no fee recovers it in the rate, and the margin is usually the larger of the two costs. The cheapest provider also changes with the amount you send, so compare the final sum that arrives in euros rather than the headline fee.

At $1,000, Remitly is the cheapest of the 5 providers priced at that amount on this corridor: about $3.00 all in, or 0.30% of the amount sent. Western Union is next at about $5.59. That is the fee plus the exchange-rate margin that applied to a transfer of that size — priced at $1,000 specifically, not worked out from a measurement taken at some other amount. It covers a bank transfer; cash pickup and mobile wallet payouts are priced separately. The margins were measured by Wise's comparison service rather than published by the providers themselves, and other providers here may be cheaper and are not priced this way.

Delivery ranges from minutes to a few business days depending on the provider and payout method. Western Union and Xoom can deliver within minutes when you pay by debit card. Bank-funded and economy transfers typically take one to three business days but usually cost less. Transfers sent outside banking hours or over a weekend may not settle until the next working day.

Across the providers we compare, the available payout methods are bank deposit, cash pickup, mobile wallet and card payout. The most widely used options in Cyprus are bank deposit over SEPA. A eurozone SEPA market; Northern Cyprus uses the Turkish lira and is outside this corridor's scope. Not every provider supports every method, so check the table above before you commit.

No. Remitly, Western Union, MoneyGram and Xoom offer cash pickup in Cyprus, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, bank deposit over SEPA generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For USD to EUR, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in the USA under FinCEN and state money-transmitter licences, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. For transfers above roughly $10,000, a specialist foreign-exchange broker will often beat an app on rate.

Cyprus does not appear in WorldRemit's destination list of 130+ countries on its send-from page - it focuses on emerging-market corridors, not EU bank transfers Cyprus is absent from Ria's alphabetical list of 200+ supported destination countries on its US site If you already use those services, you will need an alternative from the comparison table above for this corridor.

Cyprus uses the euro (EUR), so every provider on this corridor pays out in EUR to a bank account, card, or (Revolut) a Revolut account - there is no cash-pickup-heavy network the way there is on many other corridors WorldRemit and Ria Money Transfer, both broad emerging-market specialists, do not serve Cyprus from the US Wise published the only concrete fee figures found during research (3.44-5.47 USD on a 1,000 USD transfer); most other providers defer cost to an in-app calculator rather than publishing it on the corridor page Revolut is the only provider offering a same-currency, near-instant transfer path (Revolut-to-Revolut, about 20 seconds) alongside its standard bank transfer