Opening a Bank Account in Cyprus | gbo-il en

Bank Account in Cyprus

GBO International Financial Services Ltd specializes in assistance with opening a bank account in Cyprus – private or corporate – quickly, efficiently and no requirement to travel to Cyprus.

Cyprus is a part of the EU and has a light tax policy but an advanced banking system that is of high quality. GBO International Financial Services offers assistance with opening a bank account and incorporating companies in Cyprus taking into consideration discretion, the type of private or corporate activity, legal entities and more.

What our Service Includes:

  • Assistance with choosing the most appropriate bank for your private or corporate needs.
  • Assistance with preparing all the required legal forms.
  • Assistance with preparing all the required documents by the bank for a new bank account.
  • Escort throughout the entire process, from the start to the final approval.
  • Connecting the client with the bank which includes a conversation with the client’s personal banker at the bank.
  • Request for a debit card.
  • Filling in the request form for online banking.

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Foreign Bank Accounts

Required Documents for Opening a Bank Account in Cyprus:

In order to open either a corporate or private bank account, one must submit the following documents:

  • Valid passport.
  • Reference letter from either an Israeli or foreign bank
  • Utility Bill – A document confirming your personal details such as your address. This can be an arnona bill, electricity bill, water bill etc.
  • Concise CV (depending on the bank).

One may open a corporate bank account in Cyprus for either a Cypriot company or an offshore company that is located outside of Cyprus. Incorporating a company and opening a bank account in Cyprus offers the possibility for companies located all over the world to maintain commercial relations as well as bank transfers to many other countries. One may use a local nominee director to retain complete anonymity.

Characteristics of a Bank Account in Cyprus:

  • Online customer service as well as 24/7 telephonic service in English.
  • Multicurrency account including deposits and transfers to anywhere in the world (including Arab countries).
  • Banks in Cyprus do not require an initial deposit to open a bank account.
  • Issue of international Visa card for purchases and withdrawals from the bank account.
  • Fairly low costs and commissions.
  • Wide range of investment and deposit opportunities.
  • The option to receive payments via PayPal.

Additional Comments:

Opening a new bank account in Cyprus offers you an advanced and professional banking system in the country. GBO International Financial Services can assist you to open a bank account in Cyprus quickly and efficiently with no requirement to fly there as well as the option to incorporate a company in Cyprus. The company offers advanced and unique solutions, tailored for your business or private requirements.

Need more information ? contact us

Ygal alon 65 st, Tel Aviv, Israel

 | Skype: gbointernational | Phone: +972 351042570 |  Email: [email protected]


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