cyprus consultancy MariCorp Bank Account BANK ACCOUNT OPENING Opening

WE HAVE 99% SUCCESS RATE ON BANK ACCOUNT OPENINGS IN CYPRUS AND EU

1. We carry out an initial due diligence process before submitting the request to the bank

2. Once we conclude our due diligence process we communicate with the bank to obtain pre-approval within 2 business days

3. All account openings can be done remotely – the Beneficial Owner (UBO) is not required physically in Cyprus

4. The UBO’s passport is required in apostille

5. The account can be up and running as soon as the opening forms are signed

6. Total timeframe for account opening is 2 weeks from start of the application

7. All significant currencies can be provided

8. VISA/MASTERCARD is issued on the name of the client

9. Skype call is required by the bank with the UBO once the account is officially approved by the bank

WE OBTAIN PRE-APPROVAL WITHIN 2 BUSINESS DAYS

KYC and Due Diligence requirements of the bank:

  • Apostille passport
  • Duly translated utility bill if not in English
  • Source and value of wealth (some of the below could also be satisfactory for the bank)
    • Personal latest Tax Return
    • Copy of bank statement
    • Title Deeds for property
    • If wealth is derived from dividends then audited Financial Statements of Companie(s) paying out dividends
  • Group structure if account opening relates to a group
  • Incoming and outgoing payments parties and Countries

 

*The above list is not exhaustive. European Banks follow the strict guidelines of the European Central Bank. Source and value of wealth of the Beneficial owner is a decisive factor for opening or not a bank account.  

We Have An All-Rounded Team Ready To Help

FAQs

Do I need to be there for Bank account opening?

No everything is done remotely. 

Do I need to sign anything in original ?

Yes and the forms are sent over to us in Cyprus by courier.

Can I open a personal bank account as well ?

Of course, no additional procedures are needed. A personal bank account can be opened simultaneously as the Company account.

Still have questions?

Call us at +357 24663570

Contact us

Where to find us:

81, Griva Digeni Avenue, MARINOS Court, 3rd floor, office 301

P.O. BOx  42656, P.C. 6501, 6043

Larnaca – Cyprus

Tel: +357 24663402 , Fax: +357 24663409

E-mail: admin@cyprusconsultancy.com

    The information on our website is not designed to offer professional advice and is not exhaustive but rather designed to give an idea of what our Company offers. Should you be interested to find out more about who we are and what we do kindly reach out to our highly skilled team members for a preliminary assessment of your needs and an introductory consultation.

    CALL ME
    +
    Call me!