Fast, stress-free bank account setup for individuals and companies — connecting you with the right banking institution through our established network in Cyprus and beyond.
Opening a bank account in Cyprus has become more complex in recent years due to enhanced KYC and AML requirements. Without the right introduction and properly prepared documentation, applications are often delayed or rejected.
As established introducers, we prepare your full KYC package, match you with the most suitable banking institution for your profile, and manage the entire application process — dramatically increasing your chance of a successful first-time approval.
Bank of Cyprus, Hellenic Bank, and other leading local institutions offering IBAN, SEPA, and SWIFT access across the EU.
Electronic Money Institution accounts in EU jurisdictions — ideal for high-volume transactions, e-commerce, and international businesses.
For individuals relocating to Cyprus — we open personal accounts with full access to online banking, debit cards, and EUR/USD/GBP accounts.
We do the heavy lifting so your account opens smoothly and without delay.
We assess your profile, business activity, and needs to identify the banking institution most likely to approve your application efficiently.
Complete preparation of your KYC dossier — ID verification, source of funds, business documents, and all bank-specific requirements.
We introduce you directly to our banking contacts — bypassing lengthy queues and general applications, giving your file priority review.
We follow up with the bank throughout the process, responding to additional information requests and keeping you updated at every stage.
Where available, we arrange multi-currency accounts (EUR, USD, GBP) within the same banking relationship to simplify international transactions.
For clients who cannot travel to Cyprus, we arrange remote account opening via Power of Attorney for eligible banking institutions.
From initial consultation to active account — typically 2–4 weeks.
We assess your profile and identify the most suitable banking options for your needs.
Full KYC package prepared and reviewed for completeness before bank submission.
Warm introduction to our banking contact. Application submitted with priority review.
Account approved and activated. IBAN issued, online banking set up, cards ordered.
Yes. Non-residents can open bank accounts in Cyprus. However, the requirements are stricter and the process more complex for non-residents. Our bank introduction service significantly improves success rates for non-resident applicants.
Typically: Certificate of Incorporation, Memorandum & Articles, Certificate of Directors/Shareholders, Certificate of Registered Address, passport copies of all beneficial owners, proof of address, and a business profile. We prepare and review all documents before submission.
An EMI (Electronic Money Institution) is a licensed financial institution that offers payment accounts, IBANs, and international transfers. They're often faster to open, more flexible with business types, and better suited for e-commerce or high-volume transaction businesses. They're fully regulated within the EU.
For traditional Cyprus banks, the process typically takes 3–6 weeks from document submission. For EMI accounts, approval can come within 1–2 weeks. With our warm introduction and well-prepared documentation, timelines are often shorter than average.
Real experiences from clients who used our bank account opening service in Cyprus.
"Opening a business bank account in Cyprus as a foreign director is notoriously difficult. Prestige prepared a flawless KYC package and introduced us to the right banking contacts. Our account was approved within ten days — something we had failed to achieve on our own for months."
"I was relocating to Cyprus and needed both a personal and a business EMI account quickly. Prestige recommended the right institutions for my profile and submitted everything on my behalf. Both accounts were open within a week. Highly professional and efficient service."
"Our fintech company had been rejected by two Cypriot banks before we approached Prestige. They reviewed our business profile, advised on how to present our KYC package, and introduced us to a bank that was the right fit. Approved first time. An absolutely invaluable service."
"I needed a personal bank account as part of my residency application. Prestige handled the entire submission and followed up with the compliance team on my behalf. The account was approved and operational within five business days — far faster than I had expected."