Personal bank account in Cyprus or other offshore country, where?

[warrior]

A friend of mine is in need for a personal bank account to get paid from some of the large online retailers. He is an affiliate so he only need to get paid.


Requirements are:


The bank must have own SWIFT code


IBAN Account number is a must have


Internet Banking from where he can do "same day" wire transfers to other IBAN account


Debit Card - not mandatory but nice to have


Where should he look?

 

[JohnLocke]

Well, if you want, you can achieve all this with a Cyprus bank, there are many different available i.e. Piraeus Bank, Bank of Cyprus, USB Bank, Laiki Marfin and so on.


All of them offer the listed requirements and all of them have the same requirements:

• copy of valid passport
  
• copy of a utility bill not older than 3 months
  
• Bankers reference letter
  

 

[warrior]

How long does it take to open the account?

 

[JohnLocke]

Usually it takes between 7 and 14 business days to have the bank account operative.

 

[warrior]

Which bank would you recommend to open the account with?

 

[JohnLocke]

Well all of the banks are OK, we normally recommend Piraeus Bank (Cyprus) Ltd OR Welcome - Bank of Cyprus Group

 

[warrior]

Is there a bank who is easier to open a bank account with than the other? still in Cyprus of course!

 

[bizman]

Piraeus bank is the best if you ask me, I have hold a bank account with them for the last 2 years, no issues at allthumbups

 

[JohnLocke]

Laiki Marfin Bank, Bank of Piraeus Cyprus, and USB Bank are all great banks and easy to open bank account with.

 

[warrior]

I want to settle with Piraeus Bank Cyprus thumbups

 

[JohnLocke]

I want to settle with Piraeus Bank Cyprus thumbups

Perfect, great choice if you ask me.

 

[warrior]

I send my initial application to you, please look into it

 

[assetprotection]

Open in Bank of Cyprus. It has received the best bank award for 2012 in cyprus from Global finance magazine. Also award as the safest bank. I can brief you about banking options and the business environment.

 

[clemens]

Please note that Bank of Cyprus will have more requirements than any of the other banks, for instant a Bankers reference letter is such an requirement.

 

[assetprotection]

So much fuss about them. If business is legitimate then it's not an issue.

 

[bob]

Aha, so bank of cyprus is best but we need bankers reference letter? How do we get one?

 

[JohnLocke]

Open in Bank of Cyprus. It has received the best bank award for 2012 in cyprus from Global finance magazine. Also award as the safest bank. I can brief you about banking options and the business environment.

Not sure where you get your information from :S -confused:


/forum/f15/piraeus-bank-has-undoubtedly-excelled-global-finance-2012-awards-18725/#post33934

 

[assetprotection]

admin, That is the best consumer bank award. I am talking about the best bank overall award. I own the magazine, I can scan it for you if you want. Just drop me an email.

 

[JohnLocke]

admin, That is the best consumer bank award. I am talking about the best bank overall award. I own the magazine, I can scan it for you if you want. Just drop me an email.

True, no need to e-mail here are the awards Bank of Cyprus received, Awards - Bank of Cyprus Country Cyprus or at least the one they published.

 

[warrior]

thank you both ! great information indeed:thumbsUp: