Alpha Bank Cyprus

Alpha Bank offers personal accounts for everyday banking and saving, with options ranging from easy-access accounts to notice and fixed-term deposits. You can hold deposits in euros or selected foreign currencies, and there are also savings options for children.

Available products include:

• •Alpha 100
• •Savings Account
• •Notice Accounts
• •Alpha Term Deposits
• •Alpha Flexibility
• •Alpha Online Term Deposit
• •Alpha Flexibility Plus
• •Alpha Minor - Save
• •Foreign Currency Accounts

You can access your money freely with some accounts, while others require advance notice or keep your deposit in place for a fixed term. Depending on the account, you may also get a debit card, online access or the option to add an overdraft.

Alpha Bank offers business banking for smaller companies, larger businesses and international organisations. You can use it for everyday transactions, payroll, deposits, cards and borrowing, with additional services available for companies that work across borders.

Business products include:

• •Alpha 500 business account
• •Alpha Payroll
• •Savings and notice accounts
• •Fixed deposits
• •Foreign-currency accounts
• •Business debit and credit cards
• •Development, equipment and commercial-property loans
• •Overdraft facilities

Depending on what your business needs, you can keep day-to-day banking fairly simple or add financing, payroll and international services. The available accounts, lending options and requirements can differ by business type and purpose.

Alpha Bank offers debit and credit cards for personal and business customers.

Available cards include:

• •Enter Mastercard
• •Business Mastercard
• •Gold cards
• •Cashback Mastercard
• •Platinum Mastercard
• •World Elite
• •World Business

What you get depends on the card. Features can include contactless payments, digital-wallet support, card controls in Alpha 360 Mobile, cashback and travel benefits. Business cards can also come with different spending limits for employees or company executives.

Card fees are not the same across the range. Annual charges and foreign-currency transaction fees vary by card, so check the costs attached to the one you plan to use.

Alpha Bank offers several ways to borrow for personal expenses, from buying a home or car to covering education costs. You can also apply for an overdraft if you want access to additional funds through your account.

Personal borrowing options include:

• •Alpha Residence housing loan
• •Alpha Personal Loan
• •Alpha Car
• •Alpha Education Loan
• •Overdraft facilities

Business customers can apply for development and equipment loans, commercial-property finance and overdrafts. How much you can borrow, the rate you receive and whether you need to provide security will depend on the application and the bank's credit assessment.

Alpha 360 is available through both web and mobile banking. You can use it to check your accounts and cards, make transfers, pay bills, manage standing orders and view electronic statements.

The mobile app also gives you more control over your cards. You can:

• •Activate a card
• •Lock or unlock it
• •View a PIN reminder
• •Change daily limits
• •Control where the card can be used

You can make SEPA and SWIFT payments through Alpha 360, while business customers can also upload payroll and other bulk-payment files.

Alpha Bank also works with non-residents, international businesses, and customers who regularly send or receive money across borders. You can open foreign-currency deposit accounts and access dedicated international banking services.

Trade and international payment services include:

• •Documentary letters of credit
• •Letters of guarantee
• •Export-document discounting
• •Bills for collection
• •Invoice discounting
• •International remittances

Alpha Bank gives personal customers access to mutual funds, alongside private-banking and wealth-management services for customers who want help managing larger or more complex investments. The bank also provides services for institutional clients.

These products work differently from bank deposits, and their value can rise or fall. Before investing, check how the product works, what fees apply and how much risk is involved.

You can get several types of insurance through Alpha Bank, including life, health, travel, home, personal belongings, borrower and business cover. Some policies are provided in cooperation with external insurers, so the bank is not necessarily the company underwriting the cover.