Bank charges and commissions charged by Cypriot banks.

Many international clients feel a disappointment when, after opening a bank account with a Cypriot bank, discover that bank charges and commissions are too expensive for their budget.

Consequently, we urge clients to check the bank commissions charges before committing to a specific bank.

From our review , Bank of Cyprus is the most expensive bank in terms of maintenance since it charges €600 per year or €50 per month account maintenance fee.

Hellenic Bank comes second but much cheaper. It charges €75 every quarter i.e. € 225 per year.

Russian Commercial Bank charges €180 per year.

Eurobank Cyprus Ltd is the cheapest of all , in terms of account maintenance fee, since it all charges €100 annually.

We have complied below a list of the links of the 4 main Cypriot banks to their Charges and Commissions page.–Rates/——17-10-16/


Bank charges and commissions charged by Cypriot banks. by
Christophoros Christophi
About the Author
Christophoros Christophi

Lawyer and Managing Partner of Christophi & Associates LLC, Lecturer (Company Law) at the European University of Nicosia.
You can connect with him on LinkedIn and

Speak Your Mind