Opening an account with BANK OF CYPRUS (Cyprus)
Cost for the private persons from 400€
Cost for the legal entities from 1000€
Opening Term: 3 weeks
Remotely: yes
Cost for the private persons from 400€
Cost for the legal entities from 1000€
Opening Term: 3 weeks
Remotely: yes
Opening an account with Bank of Cyprus for legal entities is 1000 €
Opening an account with Bank of Cyprus for individuals costs 400 €
Bank of Cyprus was founded in 1899 and is the oldest bank in Cyprus. Bank of Cyprus provides its customers with a wide range of financial products and services. The Bank has a representative office in Ukraine. Today, the Bank of Cyprus works with all freely convertible currencies, including US dollars.
The main requirement for opening an account in Cyprus for a foreign company is to provide the bank with audited financial statements. This means that opening an account in Cyprus is possible even for an offshore company, provided that a certified auditor prepares the company's accounts in accordance with European standards.
HOW TO OPEN A BANK ACCOUNT IN CYPRUS FOR UKRAINIAN CITIZENS?
If you need to open an account abroad for an individual in EUR, please contact our specialists. You can open an account in Cyprus completely remotely. In case of opening an account with Bank of Cyprus for a company with a nominee service, it is necessary to provide corporate and personal identification documents for the nominee director and shareholder (certified in accordance with the bank's requirements). The director of a foreign company signs the bank forms for opening an account with Bank of Cyprus.
Bank of Cyprus adheres to the principle of "know your customer" and reserves the right to request additional documents in each case, which will lead to an increase in the time required to open an account, and may also refuse to open an account with a bank in Cyprus without giving any reason.
Maira Consult specialists have been cooperating with the Bank of Cyprus for many years, know the peculiarities of the bank's work, and will help you open a personal account in Bank of Cyprus or a business account.
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Remote account opening in EUR
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No bank fee for opening an account
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Payments in USD
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SWIFT and SEPA payments
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The procedure for opening an account is simplified for citizens of Ukraine
Personal and corporate accounts.
A visit to a bank branch in Cyprus is not required. Identification can be done in Ukraine.
Account maintenance fee for individuals is 35 EUR per quarter, for legal entities - from 50 EUR to 125 EUR per month.
www.bankofcyprus.com.
To open an account with a Cyprus bank you need to fill out our questionnaire and provide us with information about your activities and counterparties. Along with the questionnaire, you must provide corporate documents (for a legal entity) and personal identification documents (for an individual).
Our specialists analyze the information and documents provided, fill out Bank of Cyprus forms.
All completed forms and additional documents are sent to the Bank of Cyprus manager by email with a request to arrange a video conference with the beneficiary. After a successful video conference, we arrange the signing of bank forms to open an account with Bank of Cyprus.
The director and beneficiary (for a legal entity) or an individual are verified at a representative office of a bank in Cyprus, at the Cyprus Consulate or at a notary. For Ukrainian citizens, there is a simplified procedure for opening an account in a Cypriot bank in EUR.
At this stage, the Bank of Cyprus verifies the client and may request additional information about the activities and source of funds.
The period for opening an account with a Bank of Cyprus from the moment of receipt of the client's original documents in Cyprus is 7-10 business days. There is no express account opening in a Cypriot bank. After opening an account with Bank of Cyprus, the manager sends the account details to the client.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207
