Open a bank account in Cyprus

Grow your business in international markets by opening corporate and personal bank accounts in Cyprus
with the help of our experts.

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  • Corporate
    bank accounts
  • Accounts
    in payment systems
  • Personal and joint
    bank accounts

What is included in the service of opening a bank account

everything you need to effectively scale your business
  • Initial documents review
  • Preparation of application forms
  • Submission of application
  • Provision of a correspondence address
  • Bank liaison services
  • Guidance for account management
  • Optional payment system integration
  • Optional financial services

Cyprus banks
and payments systems for corporate accounts

we will help you choose the most suitable bank or payment system to open an account for your company

Opening a corporate account with Hellenic Bank provides reliable services for international businesses. With secure transactions, competitive fees, and attentive support, it’s a dependable choice for expanding your business in Cyprus.
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Opening a corporate account with Bank of Cyprus provides access to reliable banking services, with a strong emphasis on mobile banking solutions. Manage your business finances securely and efficiently from anywhere, with competitive fees and responsive support.
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Opening a personal account with Eurobank offers secure and straightforward banking services. It’s a reliable choice for managing your finances in Cyprus, providing dependable service and ease of use.
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Ecommbx provides a specialized payment solution designed for IT and gaming companies. With secure and efficient processing, it’s tailored to handle the unique demands of these industries.

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Unlimint offers a robust payment system tailored for B2B transactions, specifically designed to meet the needs of IT companies. With its secure platform and flexible integration options, Unlimint streamlines payment processing, making it easier to manage transactions and grow your business.
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Simple steps of work

we will do almost all the work for you
day 1

Initial Consultation

We start with an in-depth consultation to understand your needs and answer any questions. We'll gather the necessary documents and information to choose the best banking option for you in Cyprus.

day 1 — 7

Document Preparation

We guide you through the required paperwork, including filling out forms and providing necessary identification and business details. We ensure everything is in order before submission.

day 8 — 16

Application Submission

Once all documents are prepared, we submit the application to the selected bank in Cyprus. We monitor the process and handle any additional requests from the bank.

next 2 weeks

Account Approval and Activation

After the bank reviews your application, we follow up to ensure a swift approval process. Once approved, your account will be activated, and you'll receive all necessary access details for account management.

 

Advice and Assistance

Throughout the process and after your account is opened, we're here to answer any questions and provide guidance on managing your new bank account in Cyprus effectively.

 

Get a consultation with our expert

We will provide a comprehensive consultation on all your questions and will select the best options for opening bank account in Cyprus banks, taking into your goals.
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What you need to open corporate account in Cyprus banks

The complete list of documents depends on the bank, but in general, you would need to provide the following:
  • a company charter
  • a registration certificate
  • a company share certificate
  • a certificate of good credit history —for foreign companies if they have been open for more than 2 years
  • a director and secretary certificate
  • a confirmation of the actual address — location of the office
  • a confirmation of the legal address.

List of documents to open personal account in a Cypriot bank

can vary from bank to bank, but the basic package includes the following:
  • an ID or a passport
  • a letter explaining the goal of opening an account and remarking the sum of money that you will deposit
  • a reference letter from the previous bank proving good credit history
  • proof of current address, for instance, a utility bill

Frequently asked questions about banks in Cyprus

Can I open a bank account in Cyprus?

Yes, with JFDI you can open a bank account in Cyprus. Both residents and non-residents can open accounts with Cypriot banks. The process typically involves choosing a bank, submitting an application, and providing the necessary identification and documentation such as a passport, proof of address, and possibly proof of income. It’s advisable to check with the specific bank for detailed requirements.

To open a bank account in Cyprus as a non-resident, you will need to choose a bank and submit an application along with various documents. Typically required documents include a valid passport, proof of address (such as utility bills), a bank reference letter, and possibly proof of income or employment. Some banks may require in-person verification, while others might allow online applications.
To open a bank account in Cyprus, you’ll need to provide various documents. Typically, you will need a valid passport, proof of address (such as utility bills or rental agreements), a bank reference letter, and possibly proof of income or employment. Additional documents may be needed depending on the bank’s specific requirements. It’s advisable to contact the bank directly to confirm their particular requirements.
To open an offshore bank account in Cyprus, you need to select a bank that offers offshore services, fill out an application, and submit the required documents. Typical documents include a notarized copy of your passport, proof of address, bank reference letter, and possibly proof of income. Some banks may require an initial deposit. The process can often be initiated online, but some banks may require in-person verification.

Opening a bank account
for business in Cyprus

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Cyprus Business and Banking News September 2024

Cyprus Banking Guide

Cyprus’s banking sector is a cornerstone of the country’s economy, with 16 banks, including both local and international institutions, offering a range of financial services. A significant advantage of the Cypriot banking system is its accessibility to foreigners, who can start the account opening process remotely, from anywhere in the world.
  • International banking options
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