Bank of Cyprus
November 30, 2016
Bank of Cyprus is the largest bank in Cyprus and offers a wide range of services for individuals as well as for companies. You can open a bank account for your Hong Kong company without a need to travel.
- The bank has online banking, Credit Card option, multi currency bank account: EUR, USD, GBP, AUD etc.
- All process from company formation to bank account opening will be online. No need to travel.
- No application fee and initial deposit requested. Lower charges for transactions within European Union.
- Fast open account could be from 15 to 20 working days.
- The bank account is opened, you will receive the online banking and might apply for the Credit Card as well.
Fees
- Bank Application fee: free of charge
- Monthly Maintenance fees: 50
- Maintenance fee for all Current accounts with an overdraft: 3-500 (Quarterly charge)
- Transfers between accounts in same currency: start from 20
- Outward Payments: Minimum Transfer Commission: 0.2% (Minimum 10)
- Inward Payments: Minimum2 + 12 processing fees
- Sight account low activity fee: 20 (with four or less transactions in a given month. Fee is waived if customer monthly average balance is over 20,000.)
Bank of Cyprus
Eurolife House
4 Evrou Street
2003 Strovolos
Nicosia
Cyprus
http://www.bankofcyprus.com.cy/en-GB/
You can download a free “Bank Account Opening” guide here.