Cyprus Bank Account

Cyprus Banks are the ideal Banks for opening a fast and fuss free corporate or personal Bank account for your day to day needs or for your Business. We open bank accounts in many other countries too.

Quick Points for Opening A Bank Account in Cyprus:

  • A Cyprus bank account can be opened in your absence. Everything is done online and by courier.
  • Full internet banking 24/7 allowing transfers without limitation. No extra cost. Debit card acceptable worldwide.
  • Cyprus bank account opening is fast and fuss free. Minimum requirement of documents. Our in house lawyers will certify your documents and signatures.
  • Open a Cyprus bank account without minimum deposit terms! No monthly minimum balance either! Zero tax on any interest earned!

  • A Cyprus offshore bank account can be opened with minimum formalities in about 10-12 days. Multi currency accounts at no extra cost.
  • We can open corporate and personal bank accounts for companies of other jurisdictions or nationality in Cyprus and other countries.
  • We offer very reasonable fees for account opening. NO HIDDEN COSTS.
  • Full anonymity of all your banking operations. Full confidentiality of your documents and business secrets.

Frequently Asked Questions

A corporate or personal bank account in Cyprus offers great facilities such as visa card valid worldwide, internet banking allowing transfers, digipass for security, anonymity, no minimum deposit terms, low bank fees for transfers and other services, no tax on the interests earned. you may also get multicurrency accounts at no extra cost. A Cyprus Bank of course offers all the other Banking facilities and services you may need such as financing, escrow accounts, credit notes, deposit accounts etc.
No, on the contrary the formalities for opening a Cyprus bank account compared to any other EU country are much more simple and quicker. A know your client procedure is carried out by the Bank and the Bank agreements are filled and signed. You can have your bank account in about 10-12 days. Our in house lawyers will also assist you by certifying some documents and verifying your signatures. Our Firm has a 98% success rate.
Most certainly yes. You can get one which is valid all over the world. It can be used to pay all your purchases, hotels, travelling costs and withdraw cash in any country. No extra costs are paid for the issuing of a card apart from its actual value. For a credit card a sum of money will be blocked in the bank account to cover to limit agreed with the Bank.
In some banks you need in some you don`t. If it is impossible for you to get a Bank Reference letter other arrangement can be made. We provide you with a simple reference letter draft which from our experience no Bank refuses to issue. A bank statement of your account can be acceptable in some times making things a little easier.
No the costs for opening a Cyprus bank account are in fact much lower than for opening a bank account in other jurisdictions. Our Firm offers always client friendly fees for handling the whole procedure, plus assistance from our Lawyers with document and signature verification. Regarding the Bank charges we assure you, they are very reasonable and favorably comparable to any other EU state.
Any person of legal age who is not a Bankrupt and has no criminal convictions, can open a bank account in Cyprus. His nationality is not important unless there are any restrictions against his country imposed, by the UN, the US, the EU and any other official bodies. Any legal entity can also open a bank account such as a company incorporated in any country, a trust, a foundation, an LP etc.

Client Testimonials

The reason I am using E R Team Global Consultants for 4 years now, for all my offshore business is that they are professionals; they offer great services at very reasonable fees and always on a personal context. I am very happy with them. I fully recommend them.

Peter Johansen,

E R Team Global Consultants were recommended to me by the CEO of a large company which trades in electronic goods in the EU, who is a friend of mine about three years ago. They have been handling all my legal and corporate matters since. They are quick and professional and also offer great fees for all their services.

Abraham Goldstein,

Open a Cyprus Bank Account

Banking in Cyprus is a pleasure. Forget the traumatic experience for trying to open a bank account in other countries and the months of waiting. Our Law Firm can get you a very fast Cyprus Bank Account in only a few days.For more detailed information on how to open a bank account in Cyprus follow this link:  How to Open a Bank Account in Cyprus? Cyprus bank accounts offer your business flexibility, speed, professional tools for fast trading and of course the means to success. The procedures for opening a Cyprus bank account are simple and fast. Many Cyprus Banks offer corporate and personal bank accounts with summary procedures and with all the facilities and tools needed for a professional. Most Cyprus Banks are offering banking services of high quality and equally efficient to those of any international banks. The Cyprus banking system is stable now. Cyprus bank accounts are sought after by international entrepreneurs who know their benefits and advantages. There are now no restrictions at all on the movement of money in and out of the country.

Advantages of a Bank Account in Cyprus

A Bank Account in Cyprus offers great advantages and benefits to the account holder, the private individual, the international entrepreneur or the professional for his offshore operations.The professional environment of Cyprus banks, the personal and friendly attitude of the bankers, the great get up and organisation of Cyprus banking, the easily accessible services or the strategic position of the island makes a Cyprus bank account one of the most useful tools for professionals and not only. The following are some but not the only ones of the advantages of the Cyprus bank accounts:

  1. Fast, fuss free opening. In a few days we can have the account number, IBAN and SWIFT numbers for you.
  2. Your presence in not necessary. A Cyprus bank account can be opened in your absence.
  3. No terms for minimum initial deposit or minimum monthly balance.
  4. Debit or Credit cards valid all over the world.
  5. An online Cyprus bank account offers i-banking, allowing swift transfers without any limitation.
  6. Digipass machine for extra security makes the Cyprus Bank Account, one of the safest accounts.
  7. Multi-currencyaccounts for any currencies, at no extra cost.
  8. Low Bank Charges on transfers and on other bank services.
  9. No restrictions at all on the movement of money in or out of Cyprus.
  10. Full confidentiality. 

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98% Client Satisfaction.

Our latest census has shown that 98% of our clients are satisfied with our services, our fees and our professional approach to their problems and business issues. We thank you.