How to open a bank account in Alpha Bank Cyprus Ltd

• Instruction of the Central Bank of Cyprus dated June 2018: a ban on opening accounts with shell companies;
• is currently opening accounts for companies whose activities are affiliated with Cyprus;
• opens current accounts for companies and individuals;
• no visit to the bank is required;
• there are no requirements for minimum balances, but if the funds on the account do not appear within 3 months, the account may be closed;
• the term for opening an account – case by case (check with the consultant).

Alpha Bank Cyprus Ltd is part of the international Alpha Bank Group, one of the Greek leading banking and financial groups. The bank has branches in all Cyprus cities and has Russian-speaking staff. It also has a representative office in Moscow the officers of which are always ready to assist with any queries.

As for the account opening procedure, one should be prepared to have an account fully operative (i.e. allowing both for incoming and outgoing transactions) only after some time, and this time may often exceed the expected one. In other words, there may be some delays when the account is just being opened