Banking Services

Opening a bank account in Cyprus - Individuals

The Cyprus Citizenship and Residency programs require the individual to set up a personal bank account where the overseas funds will be deposited for the direct property investment. Tutis Advisory Services Ltd facilitates this process and enables the client to simply make a single visit at the relevant banking institution in order to sign the relevant documentation.  

How can we assist:

  • Select the most appropriate banking institution within Cyprus.
  • Make suitable appointments with the chosen banking institution for introductory purposes.
  • As a client, you could appoint us to represent you through Power Of Attorney, or request our presence during your meetings with the bank.
  • Preparation of all necessary and essential documentation prior to accounts activation.
  • A bank account for business purposes can be opened as soon as a company has been incorporated.
Personal account documents
    • Passport.
    • Proof of income.
    • Proof of address such as a utility bill.
Corporate account documents
    • Passport.
    • Proof of address such as a utility bill (for Directors, Signatories and Beneficial Owners).
    • Company Resolution for the opening of the account.
    • Certificate of Incorporation.
    • Address of the company.
    • Company’s Memorandum and Articles of Association.
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