The cost of opening an account: From 450 USD

General information

Name:Promsvyazbank - Cyprus


Faunded:2 001
History:PSB was founded in 1995. The Bank has an office in Cyprus, and representative offices in China, India, Ukraine, and Kazakhstan, which primarily provide support for Russian clients. In late 2014, the Bank planned to open branch in Hong Kong. PSB - Cyprus operates under license of the Central Bank of Cyprus dated 21.11.2001. The Cyprus branch started to provide operational maintenance to the first clients in April 2002.
Employees:English-speaking staff, Russian-speaking staff
Shareholders:European Bank for Reconstruction and Development - 11,7457%; Closed Joint Stock Company "Promsvyaz Capital B.V.» - 88,2543%.

Presentation_PSB Cyprus


Terms of opening for admission (days):10
Opening terms for cancellation (days):10
Recommendations:Not required
Description of activity:Detailed
Account type:Settlement
Types of accounts:Personal; Corporate; Settlement
Departure to the bank:Visiting the bank is not required
Required documents:Standard set of corporate documents. Completed form is sent to the bank as an initial request to open an account.
Account opening, probability:Calculated and perceived
Particularities during account opening:No special


Rating on loans:BB-


Balance, minimum:0 €
An initial fee :0 €
Transaction speed:Payments in € are executed on the same day.

Services and costs

Cost of translation:Transfer fee is 0.4% of the payment amount (minimum - 30 EUR, maximum - 180 EUR). If the amount of the transfer is equal to the balance of the account, the fee of the bank is 100 USD. Fee for urgent transfer on the same day is 100 USD in addition to the main fee
Cost of enrollment:Free
Cost of account maintenance:Corporate Account Service - 50 USD Quarterly. If receipt transactions or debit operations are not carried out according to the account during the year, the fee will be equal to the balance on the account, but not more than 300 USD.
Credit card restrictions:Withdrawal of cash funds from the Account in the PVN or through ATMs of other banks is carried out within the monthly limit in the amount of not more than 300 000 rubles or the equivalent amount in another currency at the exchange rate set by the Bank
Insurance for credit cards:No information
Access to the account:Secure Client-Bank system allows to process payment documents and send them to the bank; promptly receive the results of account activity throughout the day; obtain additional information from the bank (exchange rates, etc.). "Bank-Client" system allows to maintain unlimited number of client accounts, according to which he can track and monitor the status and account activity
Bank services:Settlement and cash services. Crediting in the form of financing secured on deposits. Protected form of the sale of property (covered and secured internal letter of credit, escrow services). Forex transactions at the market rate (no additional fees). Allocation of funds on deposit at rates corresponding to the rates in the Russian Federation. Conducting payments according to the mode ‘Guaranteed Our’ and maximum priority procedure ‘Urgent priority’ is possible
Bank cards:Visa, Mastercard
Cost of extracts storing:No information
Download Tariffs:

Terms and Conditions Promsvazbank (Rub)

Chose bank, where you would like to open an account and press "Order"Введите свой номер телефона и ожидайте входящего звонка по указанному Вами номеру,
our Lawyer will contact you and provide answers on all your questions Chose bank, where you would like to open an account and press "Order", our Lawyer will contact you and provide answers on all your questions.
Select Bank's namesort descending Price of account opening Terms of account opening (days) Established World Ranking
Alpha Bank Cyprus Ltd 450 USD 1 1879 1172
Bank of Cyprus Plc 450 USD 1 1899 368
CDB Bank 450 USD 7 1963
Eurobank Cyprus Ltd 450 USD 1 2007 1132
Hellenic Bank 450 USD 1 1974 1007
Promsvyazbank - Cyprus 450 USD 10 2001
RCB BANK LTD 450 USD 5 1995
Sepaga Electronic Money Institution 450 USD 14
USB Bank 450 USD 1925
АstroBank 450 USD 4 2007