What are the money and banking regulations in North Cyprus?
Northern Cyprus offers a well organized banking system, with many banking facilities catered for. Some local banks operate their own branches in London and others have arrangements with major UK banks. HSBC has a full service presence here in North Cyprus. A deposit account can be opened with ease whether in Sterling pounds or any other major currency and funds can be drawn in that denomination or in Turkish Lira (TL), which is the local currency of North Cyprus.
Northern Cyprus offers a well organized banking system, with many banking facilities catered for. Somme local banks operate their own branches in London and others have arrangements with major UK banks. HSBC has a full service presence here in north Cyprus. A deposit account can be opened with ease whether in sterling pounds, or any other major currency and funds can be drawn in that denomination or in Turkish lira (TL) which is the local currency and funds can be drawn in that denomination or in Turkish lira (TL), which is the local currency of north Cyprus.
A. Northern Cyprus offers a well organized banking system, with many banking facilities catered for. Some local banks operate their own branches in London and others have arrangements with major UK banks. HSBC has a full service presence here in North Cyprus. A deposit account can be opened with ease whether in Sterling pounds or any other major currency and funds can be drawn in that denomination or in Turkish Lira (TL), which is the local currency of North Cyprus.
