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Services · Business accounts

Business accounts: Cyprus

An honest assessment before work starts, the quote is fixed in writing.

We assist with opening accounts at Cypriot banks, including Alpha Bank Cyprus, Bank of Cyprus and Cyprus Development Bank. This service is relevant for owners of Cypriot and foreign companies, as well as individuals who need an account with a bank in an EU country. Cyprus remains a practical jurisdiction for holding and trading structures, but local bank compliance has tightened considerably in recent years: banks want to see genuine activity, a transparent ownership structure and a documented source of funds.

We begin by assessing your profile and telling you honestly whether an account at a given bank is realistic. We then prepare the document package, help with the bank questionnaires and support the process through to the bank's decision, including responses to compliance queries. We do not guarantee that an account will be opened - the final decision always rests with the bank. Our value is that the application lands at the right bank, properly prepared.

Fees

ServicePrice
Cyprus bank account opening assistance$5 000

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

See also

Company formation · Personal account · Investment property · Country taxes · All country programs

FAQ

Who finds it easier to open an account in Cyprus?
Companies with clear real activity, a transparent ownership structure and documented source of funds. The more obvious the link between the business and Cyprus or the EU, the smoother the dialogue with the bank.
Do you guarantee the outcome?
No, the decision is the bank's. We assess your chances before starting and do not take on cases we consider hopeless.
Do I need to visit Cyprus?
It depends on the bank and its current procedures. Some steps can be done remotely, but the bank may request a personal meeting. We clarify this before the application is filed.

Don’t want to figure this out alone?

We handle the whole process end to end: we assess your company's chances with specific banks, prepare the compliance file and give you honest timelines. Leave your details and a corporate banking expert will get back to you. The first consultation is free.

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