Cyprus is trying to reach an agreement with the EU for a 10 billion euro bailout . Nonetheless British travel association ABTA spokesman Sean Tipton said the crisis and `` largely inaccurate reports of ATMs running out of money '' would be impacting bookings . A proposal for a one - off tax on bank deposits resulted in a ban on bank machines . Cyprus ' tourist body says its ATMs are working normally and its business as usual . Nonetheless , visitors are being forced to travel with more cash than normal .
Cyprus is trying to reach an agreement with the EU for a 10 billion euro bailout . A proposal for a one - off tax on bank deposits resulted in a ban on bank machines . Cyprus ' tourist body says its ATMs are working normally and its business as usual . Nonetheless , visitors are being forced to travel with more cash than normal .