How to open a bank account in Cyprus
Documents, residency checks and what to expect from remote versus branch opening.
1 min read
Read guideGUIDES
Banking guides for Cyprus
Plain explanations of how personal current accounts work in Cyprus: what account charges cover, what you need to open an account, and how to weigh everyday banking choices before you compare specific products.
Start with these
Bank account fees explained
Account maintenance, plus separate card, ATM and transfer costs.
1 min read
Read guideLocal bank vs Revolut
How a local current account compares with a digital alternative for everyday use.
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Before choosing an account
Six things worth confirming on the provider's own pages before you apply.
Monthly account fee
Is there a recurring maintenance charge, and what does that come to over a year?
Card fee
Is a debit card included, and is issuing or renewing it charged separately?
ATM and transfer charges
Where can you withdraw cash for free, and what do domestic and SEPA transfers cost?
Eligibility
Does the provider open this account for your residency and documentation situation?
Online or branch opening
Can you complete the application remotely, or is a branch visit required?
Foreign-currency support
Can you hold or spend in other currencies, and are there limits or extra charges?
Frequently asked questions
We estimate a typical year of use from published maintenance, card, ATM and transfer fees. It is an illustrative figure to help you compare, not a quote. Always confirm current terms with the provider.
When a provider has not published a figure, or the figure we hold is out of date, we mark it clearly rather than guessing. An unknown value never counts as a positive in ranking.
Eligibility varies by provider and is checked before numeric ranking. Some accounts are open to non-residents with extra documents; others are residents-only. Each product page states its own rules.
Product records can include a provider source link and a recorded source-check date. Where both are stored, we show a “Sources checked” date. Providers can change information at any time, so confirm current terms directly with them.
Ready to compare accounts?
See published personal current accounts for Cyprus side by side, with stored fee and eligibility information.