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It took already 4 weeks to get my Cyprus bank account why?

It takes much more time now to get a bank account with almost any bank. Try to open an account in your local bank, they are insane and going crazy with all of the compliance stuff. For only 5 years ago you could walk into a bank and open an account just like this.
 
Yes it takes a lot of time at the moment to get an account with the banks. It's not just Cyprus but also Belize and Mauritius I heard! seems they indeed increase the amount of information they require!
 
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Reactions: negon
Will reply when I know something ;)
 
They are slowly moving now. Seems they got through the high workload and responding to new applications.
 
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Reactions: suzy
Be happy that they didn't declined your application. Things take just more time now. Just wait for next year or even 2018 then it will get almost impossible to open an account with any offshore bank. So you better open accounts this year while it is still possible.
 

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