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: info@gbo-il.com

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The opinions expressed on this page are the views of the author(s) and do not necessarily reflect the views of GBO International Financial Services (“GBO”). Responsibility for the information and opinions expressed lies entirely with the author(s). We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the information, products, services, or related graphics contained on this page for any purpose. Any reliance you place on such information is strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website and/or reliance on any content contained therein
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