What are the requires to open a Cyprus Bank Account?

[sofoklis]

Hi there,


I'm thinking of creating a Cyprus Bank account, and I would like to know what are the needs of creating one.


Does it need any referrences from my job with my wage or something else..?

 

[stella12]

First of all you must be over 18.


These are the needs in order to open an account:


-Verified/Apostilled copies of Incorporation certificate, Memorandum of understanding and Articles of Declaration and a certificate of good conduct. (These provide a legal proof for opening the account and therefore helps curb foreign banking fraud or crime).


-The passport of the account holder must be provided. (This provides a proven identify of the individual or the corporate group).


-The residential identity statement. (This is a declarative statement from the bank with a residential address of the claimant).


-The account opening standing fee. (In Cyprus, the standing charge is EUS 700.00).

 

[sofoklis]

Thanks for the list, not many things, but why is that fee of EUS 700.00??

 

[stella12]

The money is the formation of your company, is a fee which you will pay only once.

 

[Rahul shetty]

I think there should be some minimum amount of deposit which is required by the bank

 

[Aliza beth]

I think to mention the salaries is important while opening A bank account but it is not a necessity