Can non residents open a bank account in Cyprus?

Yes it is possible to open a bank account as a non-resident, but it is likely that you will need a good reason to do so, such as investment, employment and plenty of references. You may be required to pay a visit to the branch, have a minimum balance and the approval process may take 2 weeks.

Which banks open accounts for non-residents?

The Big Four UK Banks

  1. Barclays International: Barclays International is one of the oldest banks in the United Kingdom, and with its more than 1500 branches across the country, it is one of the leading and easiest banks one can open an account with. …
  2. Lloyds: …
  3. HSBC Business Banking: …
  4. RBS/NatWest:

Is it easy to open a bank account in Cyprus?

For an individual is quite simple and easy to set up a personal bank account in Cyprus. The documents one must submit for opening the bank account are: copy of a valid passport, identity card (some banks will require notarized copies of identification documents);

Can I open a bank account without residence permit?

Non-resident account



Standard current accounts are generally only available to German residents. You typically need to have a permanent address in Germany to open an account. Many online-only and mobile-only German banks also offer accounts to those living overseas.

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Can you open a bank account in Cyprus online?

Bank of Cyprus now allows new customers to easily open an account online and receive a debit card. As part if its drive to improve and speed up customer service, Bank of Cyprus is now offering individuals, who are not currently customers, the ability to open an account through the Bank’s website.

What is non-resident bank account?

NRI Account Meaning:



An NRI Account refers to the accounts opened by a Non-Resident Indian (NRI) or a Person of Indian Origin (PIO) with a bank or financial institution which is authorised by the Reserve Bank of India (RBI), to provide various services.

Is Starling only for UK residents?

You can apply for a Starling account as long as you’re over 16 and live at a UK address. As you’d expect, we welcome all nationalities and you don’t even have to be a UK tax resident. Remember you’ll also need to download Starling from the iOS App Store, Google Play Store or Huawei AppGallery.

How do I get a residence permit in Cyprus?

Requirements for Cyprus Residency by Investment

  1. You must purchase real estate property worth at least €300,000.
  2. You must make a €30,000 deposit into a bank in Cyprus. …
  3. You must prove you have an annual income of at least €30,000 for yourself, and another €5,000 for every dependent (spouse and children).

Which is the best bank in Cyprus?

Bank of Cyprus has been named as the Best Bank for Private Banking in Cyprus by the internationally reputable magazine Euromoney, for the third consecutive year. The award is yet another proof of the high quality of Private Banking services offered by the Wealth & Markets Division of the Bank of Cyprus.

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How do I open an offshore bank account in Cyprus?

Documentation Required For Opening An Offshore Account In Cyprus

  1. Permanent Address Verification; utility bill which is no more than three months old.
  2. A certified copy of the certificate of incorporation.
  3. A certified copy of the memorandum and articles of association.
  4. Copies of beneficial owners’ passports.

Which bank does not require proof of address?

Monese is an online only bank that requires no proof of address in the UK. You can do it on their app and they will send her a card to whatever address she wants.

What do you need to open a BUNQ account?

To sign up for a bunq account, all you require is a phone, your address and a supported ID. The process is entirely online and usually takes less than 5 minutes, which is a much nicer experience than queuing up at a local bank branch!

Sunny Cyprus