About the Bank

Hellenic Bank began its operations in 1976 with a single branch in Nicosia. Today, with 80 branches in Cyprus and 25 branches in Greece, representative offices in South Africa, Moscow, Saint Petersburg and Kiev, the Bank is one of the largest banking and financial institutions in Cyprus.

The success of Hellenic Bank Group is based on the exemplary customer service, wide range of products and services and the use of the latest technology in information and control systems.
Extensive range of products and services is designed to meet the differing requirements of Bank’s wide and diverse client base – current and deposit accounts, credit facilities, debit and credit cards, reliable internet banking services and trade finance services.

Required Corporate Documents

• Board Resolution authorising account opening
• Certificate of Good Standing (if applicable)
• Certificate of Incorporation
• Memorandum and Articles of Association / Constitution
• Register of Members and Directors
• Business Plan
• Organogram, showing company’s structure

Required Personal Documents

For Shareholders above 20%, Directors, Beneficial Owners, Ultimate Beneficial Owners and Authorised Signatories:

• ID Card / current valid Passport
• Recent Proof of Address i.e. Recent Utility Bill / Bank or Credit Card Statement
• Bank Reference letter
• CV

Personal Visit

Personal visit is not required.

Online Banking

Available, free of charge.

Debit and Credit Cards

The Bank offers VISA and MasterCard debit/credit card.

Time Required for Account Opening

Up to 1 month, once all required documents received.

Currencies

All major currencies.

Bank Fees

Outward Remittances:

• In EUR, within EU, below EUR 50,000 – 0.15% (min EUR 2, max EUR 5)
• In EUR, within EU, above EUR 50,000 – EUR 17 0.1% handling fee (min EUR 10, max EUR 300)
• In EUR outside EU – EUR 17 0,1% handling fee (min EUR 10 max EUR 300)
• Foreign currencies – EUR 20 0,15% handling fee (min EUR 10 – max EUR 200)

Inward Remittances:

In EUR within EU:

• up to EUR 1,000 – free of charge
• from EUR 1,001 to EUR 10,000 – EUR 5
• from EUR 10,001 to EUR 50,000 – EUR 15
• above EUR 50,000 – EUR 40

In EUR outside EU:

• up to EUR 1,000 – free of charge
• EUR 1,001 to EUR 10,000 – EUR 15
• EUR 10,000 to EUR 50,000 – EUR 20
• above EUR 50,000 – EUR 40

Foreign currency:

• up to EUR 1,000 – EUR 5
• EUR 1,001 – EUR 10,000 – EUR 15
• EUR 10,001 – EUR 50,000 – EUR 20
• above EUR 50,000 – EUR 40
• Exchange commission – 0.15% (min EUR 10, max EUR 500)

Other fees

• Corporate account maintenance – EUR 50 (quarterly)
• Individual account maintenance – EUR 25 (monthly)