Bank Account in Cyprus – Requirements in 2022

What are the requirements for opening a Bank Account in Cyprus? Can a foreigner open a bank account? Is a corporate bank account available for non residents? How long does it take to open a personal bank account. Can I open a bank account online? What is an internet bank account? 

We are located in Cyprus . Email us now for a fast fuss free Bank Account in Cyprus or abroad. Our Firm has since 1979 been offering banking services to our international clients with 99% success rate! Your presence in not necessary. Business Bank Account for fast fuss free banking. For more advice and info on how to open a bank account follow this link. 

Facilities of Your Bank Account for 2022

1. Visa Card valid world wide

2. Internet Banking 24/7

3. Multicurrency with USD, Euro, Yen, Swiss Frank or Sterling etc. at no extra cost.

4. No minimum deposit terms

5. No restrictions in transfers

6. No presence required.

Requirements for a Bank Account in Cyprus for 2022

What are the formalities needed to open a business bank account in Cyprus in 2022?  Do I have to travel to there to open a Bank account in Cyprus? Is it very expensive in opening a corporate Bank account in Cyprus? These and other questions are often asked by clients.

THE FOLLOWING ARE SOME OF THE FORMALITIES FOR A BANK ACCOUNT:

1. Copy of your passport. Sometimes apostilled sometimes not.

2. A Utility Bill in your name, of water or electricity or internet. If not possible a rental agreement, a Bank Statement a Government Address Verification etc.

3. A CV . If you don`t have one we send you a CV form, you fill it in and send it to us.

4. A questionnaire is sent to you. Just fill it and send it to us.

5. The bank may ask of you some proof of your income, a tax declaration or a Bank Declaration of having an account with them , your address and bank account number.

A Bank account in Cyprus has a lot of professional features to offer you. Unlike some other jurisdictions opening a Bank account in Cyprus is very fast. We can open your account for you in a few days.

Cyprus Internet Banking

In today’s globalized trading conditions opportunities are taken or lost very fast. Moving fast is an advantage. Time is money. Using Cyprus Internet Banking, you have at your fingertips a whole Bank with all its banking facilities on your office desk.

In a matter of minutes you can check your balances, you can make payments, and you can move funds in or out of your account or in or out of Cyprus. Cyprus internet banking is fast, fuss free, cheap and most of all fully professional.

When you are using Cyprus internet banking you will have all the following professional features and facilities:

Double Security Features

In the world of business, your security is of paramount importance. With the cyber crime on the rise, a Cyprus bank is minded to protect its clients to the highest possible degree. When opening a bank account in Cyprus a you have double security features with mobile pin number sent.

Bank account in Cyprus – Credit/Debit/Electron Card

It offers internet banking to the account holder with the use of all types of credit/debit cards. A credit card for any amount of credit desired, a debit card with blockage of the required overdraft sum or the Electron easy go card, which can be used for the funds available in the cardholder’s account without blocking any of your money! A Cyprus bank’s card of any type is a 100% secure. It can be used all over the world for shopping, pay for trading transactions, your hotels or restaurants, air travel or withdrawing cash for ATM machines in any country of the world. Your Cyprus money will follow you anywhere. No questions asked!

Open a Bank account in Cyprus with Multi-Currencies

It gives you a multi-currency bank account at no extra charge for such currencies like Euro, USD, Swiss Franc, UK GBP or any other currency! In today`s globalized trading conditions it is of paramount importance for every company to be able to accept more than one currency and save on exchange rates. So your money will sit in your bank account and wait until you have the need for it. Pay in USD or Swiss Franc directly from your bank account  and save yourself time and exchange rate fees.

Personal Presence is Not Required – 2022

Opening a bank account in Cyprus does not require your physical presence at any time. Save your valuable time, save costs, save fuss. All the necessary procedure is carried out by E R TEAM, through the email and scanner or the fax and the international couriers, fast and effectively. Confidentiality of a bank account in Cyprus is now 100% as Cyprus is not revealing banking information to any country. Only the Ultimate Beneficial Owners (UBO) of a Cyprus company and his Cyprus bankers are aware of the names of the Real Owner or (UBOs) of the Cyprus company. Not the income tax, not the vat, not the Cyprus Government not any third country, has access to this sensitive information.

No Minimum Deposit Limitations 

Open a bank account in Cyprus and you can deposit in it as little money as you desire. Even two or three hundred Euro will be fine. A Cyprus bank will not coerce the Cyprus bank account holder into divulging fees and charges to the bank, unnecessarily. A Cyprus bank respects its clients and offers its services if and when needed at reasonable rates. Cyprus Internet Banking is now available to all Cyprus bank account holders, readily, easily, and cheaply. You can do all your banking transaction online without wasting your time, satisfy all your banking needs quickly and effectively. Checking your account movement, moving funds fast, paying bills, or settling your trading partners are now all at your fingertips!

Cyprus Banks Are Supervised by the Central Bank of Cyprus

The Director of the Central Bank of Cyprus has the duty and the power by law to regulate and monitor all Cyprus Banks and impose fines and penalties and even recall a license of any bank that is infringing the Central Bank regulations and directives. He is a person who has had extensive experience in big banks before he was appointed to this vital post. Cyprus Banking, have no choice but to abide by the rules and carry out good and wise banking. Some of the best banks in Cyprus are the Piraeus Bank, Alpha Bank Cyprus, USB Bank, Hellenic Bank Cyprus, Societe Generale Cyprus, National Bank of Greece (Cyprus), FBME Bank etc. For more information or for opening a Cyprus bank account or a bank account in any other country please follow the link below.