Open a corporate account with HELLENIC

About the Bank

Founded in 1976. In 1996, the bank bought the entire branch network in the local market from Barclays Bank PLC. Its activities cover 16% of banking services in Cyprus. It has 120 branches in Cyprus, 7 branches in Greece. Representative offices in Russia, South Africa, Great Britain. When creating the bank, the capital of Bank of America was actively used. The current shareholders of the bank are other banks in Cyprus, major insurance companies, church organizations, bank staff and individuals. The share of the largest shareholder does not exceed 10%.

Bank services

Checkbooks, guarantees, loans, letters of credit (including transferable, in exceptional cases - back-to-back LC).

Advantages

• high reliability and recognized authority in the civilized world of Cypriot banks;
• proximity to bank branches of offices of professional consultants in the field of finance and taxation;
• quick and easy account opening;
• lack of "draconian" rules for new clients from Eastern Europe;
• efficiency and low cost of banking services;
• simplicity and variety of ways to remotely manage an account;
• Russian-speaking employees work in many banks;
• ease of depositing and withdrawing cash;
• deposits in local banks are guaranteed by the Cypriot government.

Documents required for account opening

A bank representative in Kyiv conducts interviews, certifies signatures of clients on bank forms, certifies photocopies of passports and documents. On the same day, he reports the account details, contact numbers, names of bank officers and account number. The bank forms are signed by the client, the set of original documents of the company does not remain in the bank. Confirmation of opening an account (including number, details, contact numbers, names of bank officers), tariffs, tables, other materials come by e-mail/fax, codes for management - in the package by courier mail. Copy of Ukrainian and international passport, bank recommendation letter.

Additional Information

• Account management:
  1. fax with code tables, test codes - $100 per year;
  2. electronic banking system "Telebank". Costs: Installation is free, maintenance is $20 per month. It is planned to introduce a control system via the Internet.
• Minimum balance on the account:

  Absent

• Initial payment:

  Absent. But if the funds on the account do not appear within 3 months, the account may be closed; in this case, you must contact the bank and warn the manager of your intentions.

• Terms of account opening:

  The account is booked on the same day, full opening 3 weeks.

• Personal presence:

  A personal visit by the beneficiary and the account manager of the representative office in Kyiv or at the office of our company is obligatory.