Eurobank Cyprus

Eurobank Cyprus is a Cyprus-incorporated banking subsidiary of Eurobank S.A. (Greece) that operates under the Central Bank of Cyprus framework and EU prudential rules within the Single Supervisory Mechanism. The bank focuses on corporate and private banking, offering current and savings accounts, term deposits, lending, trade finance (including letters of credit and guarantees), cash management, foreign exchange, and investment and wealth management services under the MiFID II regime. It also provides custody and depositary services for Cyprus-domiciled funds, alongside payment services covering SEPA credit transfers and direct debits, international SWIFT transfers, and card issuing with 3‑D Secure for e‑commerce. Delivery is via a compact branch/business-centre footprint in major cities and dedicated relationship managers, with online and mobile banking that supports two‑factor authentication and standard transactional features. Account opening follows stringent AML/KYC requirements, particularly for non-resident and corporate clients, with documentation on beneficial ownership and source of funds typically required; onboarding times and eligibility depend on risk assessment. Fee schedules, interest rates, and minimum balance policies are published by the bank and vary by product and client segment. Deposits are covered by the Cyprus Deposit Guarantee and Resolution of Credit and Other Institutions Scheme up to €100,000 per depositor per institution; amounts above that threshold are not guaranteed. The bank’s profile suits internationally active corporates, shipping and professional services, and high‑net‑worth clients seeking relationship‑led banking in Cyprus, while its limited retail footprint and ATM coverage may not fit mass‑market needs.