IBAN in Cyprus

To make an IBAN, banks combine local account details into one string of characters. This means you can calculate an IBAN using these account details.

What is the IBAN format in Cyprus ?

An IBAN (International Bank Account Number) is an internationally-agreed code made up of up to 34 letters and numbers that helps banks make sure that international transfers are processed correctly.

Each set of characters represents a different detail for your bank account. You can see the breakdown of this IBAN below.

What is the IBAN code in Cyprus?

IBAN in Cyprus consists of 28 characters:

  • 2 letter country code
  • 2 digit check number
  • 3 characters from the bank's bank code
  • 5 digit code for the bank branch
  • 16 digit code for the bank account number

Already have an IBAN code?

Check IBAN
IBAN example in Cyprus CY17002001280000001200527600
IBAN in print format CY17 0020 0128 0000 0012 0052 7600
Country code CY
Check digits 17
Bank code 002
Branch code 00128
Bank account number 0000001200527600

Do you need an IBAN in Cyprus?

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Cyprus, then just a standard bank account number isn’t enough. If you want your money to arrive quickly and safely, you’ll usually need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly.

IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

Calculate IBAN

Compare prices for sending money abroad

Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.

Wise never hides fees in the exchange rate. We give you the real rate, independently provided by Reuters. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself.

Sending 1,000.00 GBP withRecipient gets(Total after fees)Transfer feeExchange rate(1 GBP EUR)
WiseCheapest1,148.09 EURSave up to 43.78 EUR4.49 GBP1.15327
Remitly1,138.80 EUR- 9.29 EUR2.99 GBP1.14222
OFX1,138.25 EUR- 9.84 EUR0.00 GBP1.13825
Monese1,128.80 EUR- 19.29 EUR20.00 GBP1.15184
NatWest1,104.31 EUR- 43.78 EUR0.00 GBP1.10431

We have a 4.2 out of 5 rating on Trustpilot

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it. Read our reviews at Trustpilot.com

Excellent service
Nicola W.
Published 1 hour ago

fast and reliable conversion of currency. Ease of use of the App. Use of Credit Card with local currency while staying in that country.
Hanspeter Fischer
Published 3 hours ago

Simple, easy to use. Great exchange rates
Roberto Desimone
Published 3 hours ago

A cheaper, faster way to send money abroad