Recent content by CheGuevara

While having heard plenty of stories about IBUs in Cyprus, I haven't heard anything about local branches in regards to business accounts. Do local branches open accounts for Cypriot companies owned by foreign citizens with local residency and managed by nominee directors? How do they react to...

Heard from more or less trustworthy people that Bank of Cyprus is imposing additional checks on all transactions of Russian-owned Cyprus established companies, specifically, pausing all incoming and outgoing transactions, demanding a 1000 EUR fee for a "Review". Anyone had any troubles with...