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Cyprus Bank

Cyprus Bank

Author:
K.,Alan
Publication date:
20 May 2010
Last update:
14 Oct 2019
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Cyprus is a member of the European Union. This bank provides a vast range of services that include an online banking facility, cards, IBAN, and more.

Both personal and corporate accounts can be opened. Offshore companies are also welcomed.

Opening accounts are hassle-free and quick, most especially for personal accounts.

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Table of Contents

Cyprus Outline

The country`s official name is the Republic of Cyprus. It is an island country in the Mediterranean Sea -- the third largest in the region and well-known for its tourist destinations. Its capital city is Nicosia.

Cyprus was a former British colony until it became independent in 1960. In 1961, it became a member of the Commonwealth, and in May 2004, joined the European Union. In 1974, Turkey invaded and occupied the northern portion of the island.

The Republic of Cyprus has one of the most successful economies in the Middle East and maintains a stable banking environment despite the global economic crisis. It is protected by the EU and its own regulatory laws.

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Price: 1500.00 EUR(2209.35 CAD)

Courier fee: 70EUR (103.1 CAD)


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Personal / Corporate Account

Oobac guarantees the bank`s reputable overseas transactions and can facilitate your account creation.
Nominees are also accepted during registration.
Oobac makes the process hassle-free while working within EU`s regulations.

All of our recommended banks have been hand-picked for their clean history, trusted activities, and high reliability.

Fixed Deposit Account

Fixed Term Deposit Account is available. Interest rate is a subjective to the amount and terms chosen.

Kindly contact the bank for further details after you`ve opened your account.

No Personal Appearances

Your bank account may be opened offshore, without the need for any personal appearances.

Multi-Currency Accounts

The bank offers accounts catering to multiple currencies, giving you the freedom to trade in any market you wish.

We advise you to consider the best currency for your account given the worldエs economic situation.

Internet Banking

An Internet banking facility is available for customers to transact online. This gives you the ability to manage your finances from anywhere in the world at any time.

Cards

The bank supports many kinds of cards and has partnered with the biggest names in the banking industry such as VISA and MasterCard to give you world-class convenience.

These cards will be made available to you once your account has been opened.

Initial Deposit

Normally, an initial deposit of 1,000 EUR is required when opening a new bank account. Oobac offers to set up your account in Cyprus for an initial deposit of just 100 EUR which may sent by wire of included in the banking fees.

To make an initial deposit, click on the "Add deposit to the fee + EUR 100.00" link in the "Choose how to send initial deposit" on upper menu of this page.

Time for Opening an Account

It takes 1 to 2 month to open a personal account. Your account information will be delivered upon recieving from the bank. You can see all your progress of the procedure on "Oobac User Corner" after you log-in.
To ensure the quickest possible process, kindly prepare all your documents and ensure that they are complete with the needed information.

Corporate accounts may take slightly longer to open than personal accounts.

Bank Name

Bank names are never revealed on this site for security and technical reasons. Oobac offers its services in confidentiality to our clients as well as our partners. As such, our unique offers cannot be availed of on your own.

For more details, click on the following link:

Bank Name

Required Documents

For Personal Accounts:

  • Copy of your passport (we will make certification for you)
  • Proof of Address (within 3 months, we will make certification for you)

For Corporate Accounts:

  • Certificate of Formation/Incorporation (Original ones, or notarized copies)
  • Statement of Shareholders/Organizers (Original ones, or notarized copies)
  • Status of Company (Original one, or notarized copies)
  • Board of Resolution for opening bank account (Original one, or notarized copies)
  • Copy of your passport (we will make certification for you)
  • Proof of address (within 3 months, we will make certification for you)

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Send Us a Message
We are committed to protecting your privacy. We will never collect information about you without your explicit consent.

OR
Book a call with us

Select one of our available times to book a call with us. You need to fill in an application form. Don't worry, It's simple and short.

YES! I want to book a call NOW!

We will review the information and If we can help you and you are qualified, we will then confirm the meeting time and see you on Zoom or Google Meet.

OOBAC OFFICES
OOBAC OFFICES

Management Office

111 West Georgia Street, V6B 1T8, Vancouver, BC, Canada

Cyprus

Arch. Makariou III & Evagorou, 1-7, MITSI 3, 1st floor, Flat/Office 102 1065, Nikosia, Cyprus.

USA

501 Silverside Rd Ste 105 Wilmington, DE 19809 USA

Canada

1211 Melville St, V6E 0A7, Vancouver, BC, Canada