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Opening an account in Eurobank Cyprus

Opening an account in Eurobank Cyprus
  • Price:1000 eur
  • Term:from 1 month
About bank

Eurobank efg Cyprus limited started its operational activity in Cyprus in 2007. It is a part of the Eurobank Group banking group, which is represented in 6 countries: Greece, Bulgaria, Luxembourg, Romania, Serbia, and the UK.

The bank accrues more than 600 branches.

The bank's service sector covers 5 main areas: corporate and international banking, global market, wealth, and private wealth management.

n 2021, Eurobank Cyprus received the title of "Best Private Bank in Cyprus".

Name
Eurobank Cyprus
Category
Operational
Opening date
from 1 month
Price
1000 eur
Bank Features
  • Visa debit and credit cards;
  • managers who know the Russian language;
  • account management through Internet banking;
  • available SWIFT and SEPA transfers;
  • provides individual managers.
Who are the accounts for?

Eurobank Cyprus prefers to open accounts for business clients - resident legal entities. For individuals, the bank provides only the service of Private Banking. The services of the bank are mainly focused on Cypriot companies with a real presence (it is necessary to confirm the existence of an office). Opening an account for companies which is registered in other jurisdictions should be considered individually.

Account types

Current, deposit and investment accounts.

Bank rates
Account opening cost:
personal
minimum 100 EUR
corporate
minimum 200 EUR
...
The average payment is EUR 500.
Commission for document review:
for business clients
400 EUR
...
This commission is paid immediately before the opening of the account and does not rotate, since the bank advises the client of a special procedure.
for private clients
50 EUR
...
This commission is paid immediately before the opening of the account and does not rotate, since the bank advises the client of a special procedure.
Account service:
personal
25 EUR / quarter
corporate
100 EUR / quarter
Account closing:
for all categories of clients
100-500 EUR
Bank visit

It is possible to open an account with Eurobank Cyprus without visiting Cyprus. There will be only a need in organizing a meeting with a bank representative in Kyiv.

Account opening procedure
1
Getting to know the client and his business (filling out a questionnaire)
2
Collection and preparation of documents
3
Organization of a meeting with a bank representative in Kyiv
4
Filling out bank forms
5
Sending documents to the bank
6
Gaining access to the account

Please note that according to international account opening standards, each bank is required to adhere to the KYC procedure, therefore, the bank will require documents and data confirming the identity, business, and wealth for identification. In addition, the bank has the right to refuse to open an account without giving reasons.

In order to avoid such negative consequences, please contact specialized lawyers for preliminary advice on opening foreign accounts, and we will tell you all the nuances of how to open an account with a Cypriot bank - Eurobank efg Cyprus LTD.

Popular questions
What types of accounts does Eurobank Cyprus open?
Eurobank opens settlement, deposit and investment accounts. For assistance in opening an account, preparing documents and completing the compliance procedure, leave a request on our website and we will contact you immediately.
What is the term for opening an account in Eurobank Cyprus?
The opening period varies depending on the complexity of the client and the type of account, on average - 4-5 weeks.
Is it possible to open an account in Eurobank Cyprus online?
It is possible to open an account in Eurobank without visiting Cyprus, subject to organizing a meeting with a bank representative in Kyiv.
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