Chequebooks, loans, credit facilities, mortgage, hire purchase, deposit of goods into bonded warehouse, shipping guarantees, letters of guarantee (tender, performance, advance payment, payment), bills for collection, negotiation of foreign bills

Personal; Corporate; Current

No restrictions

The number of transactions permitted is not limited.

Ordinary payments are executed during 2 days.

SWIFT transfers in EUR outside Cyprus and the EU: 0.15%, min. 5 EUR, max. 400 EUR + processing fee 12 EUR.

SWIFT transfers from other banks: charges for USD transactions: up to 2.000 EUR – 2 EUR + processing fee 12 EUR, from 2.000 EUR to 50.000 EUR – 10 EUR+ processing fee 12 EUR, over 50.000 EUR – 40 EUR + processing fee 12 EUR; charges for EUR transactions: within Cyprus – no charges; outside Cyprus – up to EUR 10 000 – processing fee EUR 12, from EUR 10 000 to 50 000 – EUR 4 + processing fee EUR 12, over EUR 50 000 – EUR 30 + processing fee EUR 12.

Maintenance fee for IBU customers (International Business Units) is 150 EUR annually (for legal entities only).

General set of legal documents leading to the current status of a company. Documents are certified through Representative Office of the Bank.

No visit to the bank is required

There is no deadline for initial deposit.