Opening a bank account is a key step for the operation of a Cypriot company. Although regulations have tightened due to KYC and AML policies, Cyprus remains competitive.
Key Points:
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Banks require full company details (memorandum, certificates)
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Identification documents are required for shareholders and directors
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The country of residence and the company’s activity are examined
Fintech Solutions:
Many companies prefer to open accounts with fintech platforms such as Wise, Revolut, Payoneer, offering multi-currency capabilities and low fees.
Need help opening a corporate account? Contact us for solutions with Cypriot and international banks.

