Bank account opening — Cyprus
Full support for opening a corporate account for your Cyprus company — from the compliance package to activation. Bank of Cyprus, Unlimit, and alternative structures for beneficiaries without a European residence permit.
What our clients face
Strict compliance at Cyprus banks
The company is registered, but the account is a separate process with its own requirements. Banks scrutinise beneficiaries and the company’s economic activity, and timelines depend on the bank and the client profile.
No European residence permit
Cyprus banks generally do not open accounts for Russian citizens without a European residence permit. These cases require an alternative structure — it is what makes meeting the banks’ requirements possible.
You need access to European payments
You work with European platforms, partners, and investors — you need an account that gives frictionless access to European banking and payment systems.
Our approach
Assess the profile and select the bank
We support account opening at Bank of Cyprus or Unlimit — choosing the option where approval is realistic for your profile, so you do not collect rejections.
Prepare the compliance package
We assemble the full document package to the specific bank's requirements and submit it. We handle bank correspondence until the account is activated.
Develop alternative structures
For beneficiaries without a European residence permit, we build an alternative structure that lets the company operate payments in full.
Stages of work
Profile assessment
We review the company structure, beneficiaries, and economic activity — and define a realistic banking route.
Bank selection
Bank of Cyprus, Unlimit, or an alternative structure — depending on your profile and goals.
Compliance package
We assemble and verify the documents against the chosen bank's requirements and submit the application.
Support until activation — 1–2 weeks
We respond to bank queries and manage the process through to a working account. Timelines depend on the bank and client profile.
Our case studies
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the Task
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Speak to our team. Tell us about your task –
we’ll help you with it in any jurisdiction.