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Steps in Setting up A Bank Account in Cyprus

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Those who are planning to open a bank account in Cyprus due to the many financial benefits it provides will be happier learning that the steps in setting up an individual or a corporate bank account are so much easier. Just follow these step by step instructions and you will soon find yourself with all the documents listing all of the necessary bank information for your self or your corporation. Individual Requirements to Open a Cyprus Bank Account Anyone, resident or non-resident, that is of the age of 18 is allowed to open a Cyprus bank account . You just need to present a copy of your passport, an accomplished legal due diligence form, and a utility bill that will indicate your address to the bank in order to process your request. After submitting these documents, you may immediately get the bank details you will need for business transactions including your account number, IBAN no., and swift no. Corporate Requirements to Open a Cyprus Bank Account For corporations, you need to sub...