Taking stirling out of TRNC

MsGarnet


Joined: 04/01/2009
Posts: 989

Message Posted:
11/05/2009 12:50

Is there any restriction to carrying stirling out of the country?

tommy13


Joined: 29/04/2009
Posts: 979

Message Posted:
11/05/2009 12:58

none that im aware of , coming in and out has never posed a problem in my experiences

jock1



Joined: 06/01/2008
Posts: 3786

Message Posted:
11/05/2009 13:04

Stirling, is in Scotland.

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
11/05/2009 13:08

There is a restriction to how much of any cash you can take out posted in ERcan I am not sure but it might be in the region of value 10,000 TL in any currencies combined (please check locally).



Tom

MsGarnet


Joined: 04/01/2009
Posts: 989

Message Posted:
11/05/2009 13:24

Hehehehe - Jock, yup - mea culpa!!!!!!!!!!!!!!!!!!



Monday morning, what can I say........





Thanks Tom, will check.......

ttoli


Joined: 24/03/2007
Posts: 1172

Message Posted:
11/05/2009 13:57

The limit is $10,000 out, unlimited in,(Now why are we not surprised!!) .

tommy13


Joined: 29/04/2009
Posts: 979

Message Posted:
11/05/2009 14:04

ms garnet , there is a solution i know about if you have problems, i was involved in an offshore bank here , i pulled out now , but partners are still operating , if u are a foreigner ( not trnc natioanl ) you may open an account there , deposit as much cash as you like , they will issue u a debit card ( mastercard ) and then you can withdraw that cash from any ATM anywhere in the world !

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
11/05/2009 14:17

I know the question is about Sterling, but what about taking out Lira. Also is there any limit on sending a cheque from NC to England.

catalkoykid


Joined: 15/02/2009
Posts: 1190

Message Posted:
11/05/2009 14:27

transfer through the bank,as the meekat says simples tch

ttoli


Joined: 24/03/2007
Posts: 1172

Message Posted:
11/05/2009 14:31

Shouldnt be any limit on a cheque, after all its just a piece of paper, may be restictions on your account (bank would know), $10,000 or equivalent in any currency.

bah100


Joined: 17/01/2009
Posts: 41

Message Posted:
11/05/2009 15:04

Do not know about the TRNC restrictions concerning taking sterling out of here but in the UK there is a limit 10,000 Euros that you are allowed legally to bring into the country. This they claim is to do with money laundering and applies per person so a couple can bring in 20,000 Euros worth of sterling.

cornish



Joined: 30/12/2008
Posts: 186

Message Posted:
11/05/2009 17:11

The limit of 10,000 US dollars value of whatever currency is correct in that you have to inform the authorities if you take more than that out. Not so surprising then ??

TimothyCadman


Joined: 13/12/2007
Posts: 1040

Message Posted:
11/05/2009 17:21

ttoli,



A small correction to your statement "after all its just a piece of paper".



No it is not. It is contract to pay to the payee the amount stated on the cheque. Failure of the cheque to clear, commonly known as bouncing, is a criminal offence in many countries and may lead to imprisonment, the bank cancelling your account or having the facilities of being able to use cheques withdrawn. Your credit rating can also be affected if you bounce cheques too.



So if you think it's fun to send someone a cheque, for say one million pounds, think twice if they try to cash it as you could end up in a lot of trouble!

MsGarnet


Joined: 04/01/2009
Posts: 989

Message Posted:
11/05/2009 18:04

It is £1000.00 sterling; the reason for taking it in cash to England to then put in bank in UK was to avoid the transfer charges - from reading above, it seems it will be OK?

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
11/05/2009 18:51

MsGarnet From what you have just said no problems

ttoli


Joined: 24/03/2007
Posts: 1172

Message Posted:
11/05/2009 19:23

Timothy Cadman



Where on earth have i implied, that i'd bounce a cheque on anyone ????, i suggest that you re-read my posting before making such slanderous comments.

MsGarnet


Joined: 04/01/2009
Posts: 989

Message Posted:
12/05/2009 02:23

flightholiday - thanks