Deposits

Retail Banking

Solutions for your Family, Employees, Students and Investors

No matter what your needs are regarding savings, we at the National bank offer you the appropriate solutions, using our deposit products.

Savings Accounts

Offers a number of benefits and services, facilitating your everyday transactions

What does it offer you?

  • Free of charge execution of deposits and withdrawals whenever you wish so
  • Benefit a high interest rate. Interest payable on the 31st of December each year
  • ETHNOCASH Debit Card services
  • Direct Debit/ Standing Order facilities:
    • Automatic credit of the account with your salary / income
    • Public utility bills (EAC, CYTA, Water Board…) payment
    • Payment of NBG credit card and loan installments free of charge
    • Other payments
  • Possibility to open a joint account
  • Direct access to the account through the Branches of the National Bank all over Cyprus, through ATMs in Cyprus and in Greece and through the Bank’s website (Internet Banking)

How can you obtain it?

In order to open a Savings Deposit Account, click here and fill in the preliminary application, by choosing the option “Deposits” from the products’ list.

Soon, a member of our staff will contact you in the way you shall indicate to us, in order to let you know which Branch of the National Bank you may refer to and which documents you will be required to present.

How can you receive more information on Savings Accounts?

For answers to specialized questions click here and fill in the respective form, by choosing the option “Deposits” from the products’list.

Soon, a member of our staff will contact you to answer to your questions / queries.

Demand Accounts

A flexible deposit account with chequebook plus a host of facilities that caters for your everyday transactions 

What are the services offered? 

  • Check book
  • ETHNOCASH Debit Card services
  • Direct Debit/ Standing Order facilities:
    • Automatic credit of the account with your salary / income
    • Public utility bills (EAC, CYTA, Water Board…) payment
    • Payment of credit card and loan installments free of charge
    • Other payments
  • Possibility to create a joint account
  • High interest rate. Interest payable on the 31st of December each year
  • Monthly statement
  • Direct access to the account through the Branches of the National Bank all over Cyprus as well as through ATMs in Cyprus and in Greece and through the Bank’s website (Internet Banking)

How can you obtain it?

In order to open a Savings Deposit Account, click here and fill in the preliminary application, by choosing the option “Deposits” from the products ’list.

Soon, a member of our staff will contact you in the way you shall indicate to us, in order to let you know which Branch of the National Bank you may refer to and which documents you will be required to present.

How can you receive more information on Demand Accounts?

For answers to specialized questions click here and fill in the respective form, by choosing the option “Deposits” from the products’ list.

Soon, a member of our staff will contact you to answer to your questions / queries.

Notice Accounts

Deposit account which offers the possibility to withdraw funds upon notice (on a fixed time framework), besides higher yields. 

What needs does it cover? 

  • Higher returns depending on the amount and the notice period
  • Possibility of additional deposits whenever you wish
  • Possibility of withdrawing funds, giving a 7 days, 30 days or 3 months notice (the notice period is defined upon the opening of the account)
  • Free of charge for operating costs
  • May serve as collateral for acquiring a loan or another bank advance

How can you obtain a Notice Account?

In order to open a Notice Account, click here and fill in the preliminary application, by choosing the option “Deposits” from the products’ list.

Soon, a member of our staff will contact you in the way you shall indicate to us, in order to let you know which Branch of the National Bank you may refer to and which documents you will be required to present. 

How can you receive more information on Notice Accounts? 

For answers to specialized questions click here and fill in the respective form, by choosing the option “Deposits” from the products’ list.

Soon, a member of our staff will contact you to answer to your questions / queries.

Fixed Deposit Accounts 1,3,6,9 and 12 months

Deposit accounts, combining investment security with high returns. 

What needs does it cover? 

Type of investment: If you wish to obtain a secured capital return for a time period of up to 12 months, and benefit by a higher return compared to that achieved through sight accounts (Savings, Current Accounts, Demand Accounts), then the Fixed Deposit accounts of the National Bank can satisfy your needs.

What additional benefits does it offer?

  • High interest rates
  • Secured return of your deposited capital up to the maturity of the time deposit
  • The account’s fixed rate that protects you from a possible drop of interest rates: The duration and the deposit rate that the account shall bear are pre-agreed upon the opening or renewal of the account and remain unchanged until maturity
  • The deposit interest rate – of the most competitive in the market – depends on the amount of the deposit, the duration and the prevailing economic conditions in the money market upon the opening or renewal of the deposit
  • Selection of the duration between one (1), three (3), six (6) and twelve (12) months
  • Option of early withdrawal. In this case a penalty amount is charged to the account owner
  • Capitalization of interest on maturity

Options

  • Time Deposits with tenor of 1,3,6 and 12 months
  • Capital Plus 6M
  • Advance – payment of interest every month

How can you obtain a Fixed Deposit Account?

In order to open a Fixed Deposit Account, click here and fill in the preliminary application, by choosing the option “Deposits” from the products’ list.

Soon, a member of our staff will contact you in the way you shall indicate to us, in order to let you know which Branch of the National Bank you may refer to and which documents you will be required to present.

How can you receive more information on Fixed Deposit Accounts?

For answers to specialized questions click here and fill in the respective form, by choosing the option “Deposits” from the products’ list.

Soon, a member of our staff will contact you to answer to your questions / queries.

Foreign Currency Accounts

Time deposit or sight accounts in the major currencies included in the Bank’s official currency list (USD, GBP, CHF, AUD, CAD, JPY, SEK, NOK) 

What are the services offered? 

  • Sight accounts or time fixed deposit accounts of 7 days, 30 days, 3 months, 6 months or 12 months duration
  • High interest rate according to account type and currency
  • Fund transfers abroad in the currency of your choice and according to the applicable regulatory requirements

How can you obtain a Foreign Currency Deposit Account? 

In order to open a Foreign Currency Deposit Account, click here and fill in the preliminary application, by choosing the option “Deposits” from the products’ list.

Soon, a member of our staff will contact you in the way you shall indicate to us, in order to let you know which Branch of the National Bank you may refer to and which documents you will be required to present. 

How can you receive more information on Foreign Currency Deposit Accounts? 

For answers to specialized questions click here and fill in the respective form, by choosing the option “Deposits” from the products’ list.

Soon, a member of our staff will contact you to answer to your questions / queries.

Newlyweds

National Bank of Greece (Cyprus) offers to newlyweds or engaged couples the special “Newlyweds” Scheme. Upon opening a Notice or a 12 month fixed account for the purpose of depositing their monetary gifts, newlywed couples are offered a choice amongst two types of gifts, the value of which depends on the amount of the deposit. 

What needs does it cover? 

Used for the purposes of saving and investing in a fixed deposit or notice account, and at the same time it rewards you in cash (by crediting your credit card account).

Deposit Amount (EURO) Value of the Gift (EURO) Description of the Gift
Above 20,000 50 Deposit
Above 30,000 100 Deposit

What additional services / privileges does it offer?

  • Free issue of credit card for the first year. For amounts above EUR 35,000 both receive a gold credit card with a EUR 1,750 limit or only one received a card with EUR 3,500 limit
  • Option of opening a demand or savings account
  • ETHNOCASH debit card
  • Option of acquiring hire and purchase loans
  • Option of acquiring housing loan
  • Free credit card subscription
  • Gift voucher for EUR 50 off,- from National Bank Insurance for home insurance during the first year
  • Insurance products on special terms
  • Free public utility bills (EAC, CYTA, Water Board…) payment 

How can you benefit from the “Newlyweds Scheme”?

In order to obtain a “Newlyweds Scheme” package click here and fill in the preliminary application, by choosing the option “Newlyweds Scheme” from the products’ list.

Soon, a member of our staff will contact you in the way you shall indicate to us, in order to let you know which Branch of the National Bank you may refer to and which documents you will be required to present. 

How can you receive more information on the “Newlyweds Scheme”?

For answers to specialized questions click here and fill in the respective form, by choosing the option “Newlyweds Scheme” from the products’ list. 

Soon, a member of our staff will contact you to answer to your questions / queries.

New Beginning

Preferential Scheme offered to individuals approaching or in retirement, ensuring unique investment-savings flexibility for converting retirement savings into a monthly income, along with the option to raise substantial funds to satisfy medium to long term needs.

“New Beginning” includes: 

  • A Fixed Deposit Account: An account used for saving funds offering a high return for a period of 12 months
  • Current Account: An account which allows the utilization of monthly interest earned through your Fixed Deposit for the satisfaction of your daily needs and/ or the use of overdraft limit granted to you for the satisfaction of your medium to long term needs

What are the services offered?

  • Favourable fixed interest rate on a 12-months fixed deposit account
  • Secured return of your deposited capital through to the maturity of the fixed deposit (12 months)
  • Direct transfer of the capitalized monthly interest of the account each month, in a connected current account or any other type of sight account of your choice
  • Flat interest rate offering you protection against possible interest rate cuts: The duration and the interest rate of the account remain unchanged until the maturity of the deposit
  • Option of increasing the deposit amount upon maturity
  • Option of opening a joint account
  • Overdraft limit up to 50% of the balance of the fixed deposit, bearing a favourable interest rate payable (current account)
  • Cheque book
  • ETHNOCASH Debit Card services
  • MASTERCARD Credit Card services
  • Direct Debit/ Standing Order facilities:
    • Automatic credit of the account with your salary / income
    • Public utility bills (EAC, CYTA, Water Board…) payment
    • Payment of NBG credit card and loan installments free of charge
    • Other payments
  • Monthly statement of account (current account)
  • Direct access to the account through the Branches of the National Bank all over Cyprus as well as through ATMs in Cyprus & abroad and through the Bank’s website (Internet Banking)

How can you obtain the “New Beginning” Scheme?

In order to obtain the “New Beginning Scheme” click here and fill in the preliminary application, by choosing the option “New Beginning Scheme” from the products’ list.

Soon, a member of our staff will contact you in the way you shall indicate to us, in order to let you know which Branch of the National Bank you may refer to and which documents you will be required to present.

How can you receive more information on the “New Beginning” Scheme?

For answers to specialized questions click here and fill in the respective form, by choosing the option “New Beginning Scheme” from the products’ list.

Soon, a member of our staff will contact you to answer to your questions / queries.