Bank of Cyprus

Website www.bankofcyprus.com
Bank tariffs www.bankofcyprus.com.cy/en-GB/Cyprus/Services--Rates/Commissions--Charges-in-effect/
Jurisdictions Cyprus
Services Current accounts, deposits and savings, payment cards, escrow agent services.
Type of accounts Corporate, personal

Founded in 1899 and headquartered in Nicosia, Bank of Cyprus (“Bank” or “Group”) is the leading banking and financial services group in Cyprus, with significant market shares across all businesses.

The Group provides a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance.

The Group has 136 branches, of which 130 are in Cyprus, 1 in Romania, 4 in the United Kingdom and 1 in the Channel Islands. Bank of Cyprus also has representative offices in Russia, Ukraine and China. 

Following the Eurogroup decisions for its recapitalisation in March 2013, the Group has been proceeding fast with the implementation of its restructuring programme.

A major turning point was the Bank’s €1 billion share capital increase, completed in September 2014, which involved high quality institutional investors such as EBRD and Wilbur Ross. This significantly strengthened the Bank’s capital position and ensured that the Bank passed the 2014 ECB Comprehensive Assessment in October 2014.

Required documents: 

  • full set of corporate documents, notarized and affixed with apostille.
  • internal passport of acc holder and UBO
  • foreign passport of acc holder and UBO
  • Utility Bill for residential address confirmation
  • Bank reference

If the company is older than 1 year the Certificate of Good Standing affixed with apostille should be provided

All documents should be in English. In case of other languages, the documents should be translated and chopped by translation agency.

Min deposit on the acc:

no required

Time frame:

14 w.d. since documents and forms are sent to the Bank.

Other information:

Personal visit is required.