Bank of Cyprus · Cyprus
00:00Nicosia, local time
Opening a Bank of Cyprus account within the EU banking system
An account at Cyprus’s largest bank: SEPA, a card and English-language service
Support in opening an account at Cyprus’s largest bank: SEPA payments, a card and English-language service in an EU jurisdiction. The bank expects a clear client connection to Cyprus — we build the file so it reads from page one.
BRIDGES GLOBAL service
from €3,000
The fee is fixed before payment. You pay after the preliminary check.
What the packages includeEUR · USD · GBP
Main currencies
For non-residents
Applications considered
Per bank terms
Opening format
OverviewBank of Cyprus
Key facts about the account
Bank of Cyprus is the island’s systemic bank: EUR, USD and GBP accounts, the SEPA zone, cards and digital onboarding with video identification for certain products. Non-resident applications pass a European-grade procedure: source of funds, tax residency and account purpose are reviewed deeply.
- Account type
- Personal account in the EU
- Client
- Including non-residents — per bank requirements
- Currencies
- EUR · USD · GBP
- Bank card
- Yes, per the selected bank product
- SWIFT
- Yes
- SEPA
- Yes
- Opening
- Visit or video identification — by product and client situation
- Timeline
- Usually two to four weeks; depends on the bank’s review
- Bank fees
- Set by the bank; shown before the work starts
- BRIDGES GLOBAL service
- From €3,000, fixed before payment
ProductsNicosia
What you get with the account
- 01Multi-currency accountAn account with EUR, USD, GBP balances and in-bank conversion. The base of the client’s settlement infrastructure in the jurisdiction.
- 02Bank cardAn international payment card linked to the account — physical and digital formats per the bank’s line.
- 03Digital bankingOnline banking and a mobile app: payments, conversion, statements and bank communication remotely.
- 04BRIDGES GLOBAL supportFile preparation, filing coordination and responses to bank requests — before the decision and after opening.
Bank card
Debit card EUR · USD · GBP
Card issuance and maintenance terms are set by the bank. Before the project we confirm the current tariffs of the selected product.
Non-residentsCyprus
Opening without Cypriot residency
Bank of Cyprus works with non-residents, but European compliance demands economic logic: why an account in Cyprus specifically. Property, business, study, family or relocation — we package any real connection into the file before filing.
- 01SEPA payments and a card — within the EU banking system
- 02Video identification is possible for certain products
- 03A clear Cyprus connection is the main review factor
Check your citizenship
Statuses reflect review practice as of the verification date and are not a promise on the bank’s behalf. The bank makes the final decision on each specific application.
RequirementsWhat the bank looks at
What the applicant needs
Property, business, work, study or residence — the bank expects an economic reason for the account.
The European review standard: the origin of capital is documented for every amount.
The bank requests proof of tax residency and taxpayer numbers.
A branch visit or video identification — the format depends on the product and the client’s situation.
PreparationPersonal list - after the check
Documents for the bank
The exact list depends on citizenship, residency and source of funds: after the pre-check we send a personal list with samples.
Source of funds
Pick your main source — we show the documents the bank typically requests.
- Employment contract or employer letter
- Salary account statements
- Tax returns where applicable
PricingPayment — after the pre-check
Support packages
01
Account only€3,000
Account and core support until the bank’s decision
02
Account + bank card€3,300
Adds card issuance and digital banking set-up
03
Account + extended support€4,200
Adds support for bank compliance requests for 6 months after opening
Included
- Preliminary check
- Personal document list
- Application and banking file preparation
- Visit booking and coordination
- Bank communication support
- Responses to additional bank requests
Not included
- The bank’s decision to open the account
- Bank fees and tariffs
- Minimum balance and deposits
- Third-party costs: translations, apostilles, travel
Process8 steps to the bank’s decision
How the account opening works
- 01Pre-check
We assess citizenship, residency, source of funds and account purpose — and say honestly whether the application has a prospect.
- 02Payment and project creation
Once the fit is confirmed we invoice the service. The project gets a number and a personal coordinator.
- 03Document collection
We send a personal list, verify each document and request anything missing in advance.
- 04Banking file
We build the file in the logic of compliance questions: source of funds, account purpose, expected operations.
- 05Filing and visit
The format depends on the product: a branch visit or video identification. We coordinate the procedure and prepare the client for the bank’s questions.
- 06Compliance review
The bank reviews the application. We answer additional Bank of Cyprus requests and keep the client informed.
- 07Bank decision
The decision belongs to the bank. If declined, we analyse the reason and propose the next step — keeping the prepared file.
- 08Account and card
We help activate the account, the card and digital banking. On the extended package we stay available for bank requests.
Compliance
Compliance and source of funds
The bank assesses not the size of the capital but its clarity: where the funds come from, what the client does, what operations are planned. We prepare the file in this logic before filing, so most compliance questions close in advance rather than in correspondence after filing.
The final decision on opening the account, issuing the card and providing banking products belongs to the bank. BRIDGES GLOBAL provides consulting and support services and does not guarantee a positive bank decision. Payment is made for BRIDGES GLOBAL services in preparing and supporting the project.
PracticeCyprus
How such projects run
QuestionsBank of Cyprus
Account opening questions
For certain products the bank runs video identification — then no visit is needed. The remote scenario’s availability depends on citizenship and the client’s situation; checked at the pre-check.
Yes, one of the most frequent scenarios: utilities, taxes and property costs are conveniently run from an account at the local systemic bank. Ownership also strengthens the application.
Yes, Cyprus is in the SEPA zone: euro payments across the EU are fast and low-cost. SWIFT covers other currencies.
Property, business, work, study, family or regular residence. The clearer the economic reason for an in-country account, the smoother the review.
A reference point is two to four weeks: European compliance reviews files deeper than CIS banks. The timeline depends on document completeness and the Bank of Cyprus workload.
Payment covers BRIDGES GLOBAL’s preparation and support work, not the bank’s decision. We start with a free pre-check and do not take on applications without a realistic prospect. Termination terms are fixed in the agreement before payment.
We file the application when it has a real prospect
First we check citizenship, residency and source of funds. If the bank’s practice leaves little chance, we say so before payment and suggest another bank.
Alternatives