Opening bank accounts in Cyprus
- European level of service;
- multilingual staff, often speak Russian;
- convenient mutual settlements with partners and contractors;
- possibility of remote account opening and management;
- loyalty of the tariffs of Cypriot banks for non-residents;
- possibility to open an account for companies from other countries;
- banks work with SEPA, SWIFT transfers;
- available accounts in dollars, euros, hryvnia and other currencies;
- often there are no minimum balance and contribution requirements.
Opening an account in a Cypriot bank is popular among both individuals and legal entities from different countries. Cyprus is a financial European center, which is famous for its developed banking system. Despite some tightening of compliance requirements that are now inherent in all European banks, Cyprus continues to allow non-residents to open a bank account online. Client verification takes place through a special online program or by opening a personal account for a company shareholder, so the procedure for opening an account in a Cyprus bank is completely remote.
In addition, some Cypriot banks remain loyal to offshore companies, therefore, if it is required to open an offshore account, Cyprus can ensure the implementation of this request. In Cyprus, opening a bank account is suitable for ensuring the operations of a foreign or international company, personal settlement or savings purposes.
