International Business Banking

Why Doing Business in Cyprus

Corporate Entities

In order to proceed with the opening of an account you will need to submit directly to National Bank of Greece (Cyprus) or through a local Professional Intermediary a full set of the following documents (original or apostilled copies) that will support your application.

  • Memorandum and Articles of Association
  • Certificate of Incorporation / Registration
  • Certificate of Good Standing for companies registered abroad
  • Certificates of Directors & Secretary, Shareholders, Registered Office or Minutes of the subscribers appointing the initial directors and all minutes by the board of directors leading to the current status of the company.
  • Trust Deed(s) between the beneficial owner(s) and the registered shareholder(s) acting as nominees (if applicable)
  • Ownership/group structure leading to the beneficial owner (diagrammatical or otherwise)
  • National Bank of Greece (Cyprus) account-opening documents
  • Valid Passport/Identity card and proof of residential address for all physical persons shown as beneficial owners, shareholders, directors or signatories of the company
  • Bank reference letter for the beneficial owner(s)

For the preliminary evaluation of your request, please contact our IBU officers at

  • IBU Nicosia: 22040549
  • IBU Limassol: 22040550

or send your request via email to 549@nbg.com.cy or 550@nbg.com.cy.

Please note:

  • The National Bank of Greece (Cyprus) preserves its legal right to decline an application/business relationship for legal, regulatory or any other reason at any time without the need/obligation to justify its decision to decline.
  • The relevant documentation may vary according to customers’ profile and jurisdiction.

Individuals

In order to proceed with the opening of an account you will need to submit directly to National Bank of Greece (Cyprus) or through a local Professional Intermediary a full set of the following documents (original or apostilled copies) that will support your application.

  • Valid passport/identity card bearing signature and photo (acceptable only for permanent residents of the EU)
  • Proof of residential address e.g. utility bill (not older than six months), original statement of bank account etc
  • Bank reference letter from your bankers
  • Tax ID
  • National Bank of Greece (Cyprus) account-opening documents

For the preliminary evaluation of your request, please contact our IBU officers at

  • IBU Nicosia: 22040549
  • IBU Limassol: 22040550

or send your request via email to 549@nbg.com.cy or 550@nbg.com.cy.

 Please note:

  • The National Bank of Greece (Cyprus) preserves its legal right to decline an application/business relationship for legal, regulatory or any other reason at any time without the need/obligation to justify its decision to decline.
  • The relevant documentation may vary according to customers’ profile and jurisdiction.