How to Open an Account in Cyprus

Today, opening an account in Cyprus means receipt of all the advantages of the most loyal offshore zone of Western Europe. In the wake of events related to the threat of default, financial institutions and banking subsidiaries of this jurisdiction offer foreigners the most attractive credit and deposit conditions.The maintenance of personal settlement accounts requires minimal costs, and strict confidentiality implies complete anonymity of transactions and savings.

Advantages of an account with a Cyprus bank

• Low-cost credit programs
• No taxes on deposit accounts in euros
• Access to attractive mortgages
• Fast transfers to any bank in the world
• Effective international internet banking
• Minimum interest for cashing money in ATMs
• Protection of personal and asset information

Meanwhile, opening an account in the Cyprus Bank requires providing a relatively small set of documents by both the individuals and the legal entities. As a rule, for opening an account, it is not necessary to have personal presence – it would be enough to provide a notarial power of attorney issued to an authorized person.

Our bank experts will assist you in collecting all the required documents and will lead you step by step through the process of opening a bank account. A number of services will save your time and means for quick establishment of your presence in Cyprus banking.