Opening of Bank Accounts

Bank accounts for companies and individuals that are under our firm’s administration can be opened with one of the local banks with the help of our experienced staff specializing on this matter. The bank accounts can be opened in any currency that the clients chooses and internet banking services are offered by virtually every Bank leading to a benefit from a 24/7 account and service access. Cyprus has a widespread banking sector that comprises domestic banks and international banks with Cyprus-based subsidiaries or branches. Beyond the traditional deposit and lending services, banks in Cyprus operate under the universal banking model as they offer a diverse range of products and services.

Our firm is an authorized Bank introducer to various local bank institutions, meaning that by introducing a client’s business and by submitting its respective application to the bank, all required procedures are completed faster and without any unreasonable delays. We provide valuable assistance in the account opening procedures and thereafter liaise with the banks for maintenance of the accounts’ good standing. Our strong relationship with the Banks located in Cyprus enable us to efficiently manage our clients’ accounts generating meaningful reports and feedback, whether this is related to the banking services requested for your corporate or personal needs.