The cost of opening an account: From 450 EUR

General information

Name:Bank of Cyprus Plc


Faunded:1 899
History:It was founded in 1899 as Nicosia Savings Bank. In 1912, it changed its name to Bank of Cyprus and became a public company. In January 2006, Bank of Cyprus Factors Ltd has united with Bank of Cyprus Finance Corporation Ltd into the Bank of Cyprus. In December 2010, it merged with Mortgage Bank of Cyprus Ltd. In June 2012, the British branch was transferred to Bank of Cyprus UK Limited. On March 26, 2013, all Greek offices were acquired by Piraeus Bank SA
Employees:English-speaking staff, Russian-speaking staff
Shareholders:The Bank is public joint-stock company, its shares are traded on the major stock exchanges.As of December 31,2011,6.8% of the shares belong to the Cyprus shareholders,11.2%-to foreign shareholders and 79.2% of shares are owned by natural and legel persons


Terms of opening for admission (days):1
Opening terms for cancellation (days):1
Recommendations:Not required
Description of activity:Detailed
Account type:Settlement and Savings
Types of accounts:Personal; Corporate; Savings; Settlement
Departure to the bank:Opening an account is possible through a representative office of the Bank
Required documents:Standard set of documents
Account opening, probability:Calculated and perceived
Particularities during account opening:Opening an account is possible without entry into the country of the bank


Rating in the world:368
Country Rating:1
Rating on loans:CCC


Balance, minimum:0 €
Limit of transfers (per month):No restrictions
An initial fee :0 €
Transaction speed:2-3 business days

Services and costs

Cost of translation:Fee - 0.05%
Cost of enrollment:No information
Cost of account maintenance:Cost of annual maintenance of the account for corporate clients is 150 EUR.
Credit card restrictions:No information
Insurance for credit cards:No information
Access to the account:Telephone, fax, Internet
Bank services:Deposit accounts, loans and credits, escrow services, guarantee letters of credit, commercial letters of credit, bills for collection, custody services, investment consulting, brokerage services, leasing
Bank cards:VISA, MasterCard and American Express
Cost of extracts storing:100 EUR - for personal accounts, 150 EUR - for corporate accounts
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Select Bank's namesort descending Price of account opening Established
Alpha Bank Cyprus Ltd 450 EUR 1879
Bank of Cyprus Plc 450 EUR 1899
CDB Bank 450 EUR 1963
Eurobank Cyprus Ltd 450 EUR 2007
Hellenic Bank 450 EUR 1974
Sepaga Electronic Money Institution 750 EUR 2016
АstroBank 450 EUR 2007