Cyprus Bank Account, is it a real business bank account?

[chipchip]

Hi,

Just wonder that if I open a business bank account through CCLOGIC if I will get a real business bank account (I will want the account for my company) or is it just a safings account?

I will need it to be for investments, large investments, and for foreign currency exchange.

[Admin]

Hi chipchip, thank you for your interest in the opening of a bank account in Cyprus.

The bank accounts which we open through the major banks in Cyprus are real business bank accounts which can be used for many purposes.

Below is a brief description of what is possible:

The Internet banking platform can be used to connect you easily and quickly to view and access:

• Card Balance
• Loans
• Card Transactions
• Card Statements
• Transfer Funds
• Send and receive messages
• Generate Statements
• View currency rates
• Initiate Fixed Deposits
• Open Letter of Credit & Guarantees
• To communicate with the bank.

Your offshore bank account in Cyprus can be hold as an multi currency offshore bank account and can be opened both as personal and business accounts.
Foreign Exchange Trading:
both the personal and Corporate customers can benefit from the Offshore Banks Foreign Exchange Trading Facilities on a margin basis. This includes;

• sale and purchase of bank notes in all major currencies
• sale and purchase of foreign currency at spot and forward rates

Investment Banking

• Capital raisings
• Debt and Equity
• Corporate restructurings and recapitalizations
• Mergers & Acquisitions
• Financial advisory services
• Securitizations
• Project Finance
• Brokerage and valuation services

For your offshore bank account in Cyprus you can order a Debit- or Credit Card with either the Visa or MasterCard brand.
For more information on the opening of Cyprus bank accounts, please visit our website.