Strong relationships, efficient management
Our firm is acting as authorised introducers to all major Cyprus Banks and a growing list of European and International Banks. We assist in the account opening procedure and thereafter liaise with the banks for maintenance of the accounts’ good standing. Our strong relationship with the banks enables us to efficiently manage our clients’ accounts generating meaningful reports and feedback.
Fidescorp can help you in:
- Opening of bank accounts with local and foreign banks;
- Set-up and management of online banking facilities;
- Creation and dispatch of payment instructions and provision of execution vouchers;
- Other services, such as sourcing and cooperating with relevant financial institutions for Letters of Credit, Private Banking, lending and other facilities.
Opening individual and corporate bank accounts in Cyprus
Fidescorp can set up local bank accounts in Cyprus for multinational individuals and for companies incorporated internationally. Once the account is open we can operate it on your behalf. We can arrange loan facilities, provide signatory services, obtain debit and credit cards, and set up online banking services for you.
Major banks in Cyprus
- Hellenic Bank
- Bank of Cyprus
- National Bank of Greece (Cyprus)
- CDB Bank
- SOCIETE GENERALE
Major Banks Internationally
We cooperate with banks in all major EU and offshore jurisdictions. Please contact a member of our team for details.
Opening a corporate bank account:
- Company incorporation documents
- Copies of the beneficial owners' passports, the directors' passports and the shareholders' passports (Proof of ID)
- A utility bill, which must be no more than 3 months old, from the beneficial owners, the company's directors and the company's shareholders (Proof of address)
- A bank reference letter for the beneficial owners, the company's directors and the company's shareholders
- Business activities of the company
- Estimated annual turnover
- Countries from where funds will be arriving
- Countries to where funds will be going
- Name of the bank you wish to open an account with
- Currency of account
Opening an individual bank account:
- Required documentation:
- Verified passport copy (Proof of ID)
- Utility bill — no more than 3 months old (Proof of address)
- Bank reference letter
- Name of the bank with which you wish to open an account
- Currency of account
Opening of offshore bank account
We can open an offshore bank account for your offshore company, registered in any offshore jurisdiction in the world. The process takes approximately 7-10 days to complete.