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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.