Cyprus Bank Account

What is the advantages of having a Cyprus bank account?
• Favorable interest rates;
• Credit card facility;
• Cheque book facility;
• No tax or withholding tax on interests paid to
   non-resident account holders;
• No exchange control regulations;
• Accounts opened in any foreign currency;


What documents required for opening a Cyprus Bank Account?
Foreign Companies:
•  a banker's reference (in original) for each beneficial owner, each director of the company and each signatory to the bank account
•  a copy of the passport of each beneficial owner, each director of the company and each signatory to the bank account
•  a copy of the company's incorporation papers
•  a certificate of good standing for the company
• a banker's reference for the company
• a utility bill for each shareholder/director/signatory of the account


Non-resident Individuals:
• a banker's reference (in original)
• a copy of your passport
• a utility bill proving your address


How long it takes to open a Cyprus Bank Account?
As soon as we get all required documents and information from you, and we fill bank forms, the bank account will be ready immediately.