Paphos Limassol Larnaca Nicosia Protaras Ayia Napa Paralimni

Financial

Bank Accounts

Owning a property or living in Cyprus has always required the opening of a Local Disbursement Account with a local bank. Although EU entry may remove such a requirement we would still recommend for simplicity that you open a local account since Cyprus has not yet adopted the euro (due in 2007). Any of the local banks will open an account for you. They are:

  • Alpha Bank Ltd Bank of Cyprus Ltd
  • Co-operative Central Bank Ltd
  • Hellenic Bank Ltd
  • LAIKI Bank Ltd
  • Universal Savings Bank Ltd
 

 

 

 


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