An easy to open personal or company European Bank account in
European Union Cyprus!
This is by far the fastest and easiest bank account to open in today's banking climate!
Facts and FAQ:
Q. Are Americans welcomed?
A. Yes Americans and most other nationalities are more than welcomed to open a personal or company account with this bank.
Q. In which currencies may I deposit my money?
A. You are free to choose how your savings account should be maintained in USD, EUR, CHF, GBP, JPY or any other hard currency.
There is No Minimum-Deposit. You are not carrying any currency risk.
Please ask for the current interest rates after opening your account. Included with your European bank account is easy to use internet banking. Credit cards are possible after you are an initial customer for a period of time.
Q. Can I open a company account?A. Sorry company accounts not accepted at this time. That said the bank hopes to accept company accounts later this year or early next year and will advise its customers accordingly.
Q. How safe is my money?
A. This Bank is member of the Savings Deposit Insurance Fund which is run by the North Cyprus Central Bank guaranteeing saving deposits according to the provisions of the Savings Deposit Insurance Fund Law No. 40/2001 (dated 23-11-2001).
Q. Why such high interest rates?
A. You are right to ask this question - why is this Bank able to pay such higher interest than other banks on the world market?
The reason is the monetary and capital market policy of the North-Cyprus government and the North-Cyprus Central Bank which enables the North-Cyprus and dominating Turkish banks to pay substantial higher interest even in hard currencies than the world market.
This Bank is sharing this advantage with its clients and wants to become a market leader in savings.
Q. Who is this Bank?
A. The Bank is a fully licensed bank serving firstly Cypriot private clients and enterprises with all banking services. They have recently opened their doors to international customers, with very flexible banking with easy to open accounts.
Especially powerful, this Bank cares for the business with saving deposits where it's paying the highest interest rates.
Portfolio management, savings and trustee business with first-class bank instruments are the main features serving it's selected international customers.
Based upon the unique banking laws in North-Cyprus, this Bank is in relation to secrecy and safety very famous as Portfolio-Management- Bank of the Mediterranean".
The Bank is owned by key personalities of North-Cyprus with some former ministers, industrial entrepreneurs and high-school-owners.
Q. Can I open a company account? I have my own company already? What are the requirements.?
A. Yes and setup time is fairly fast as well.
The bank's requirements for a personal or company bank account within the European Union, Cyprus are:
* scanned copy of your passport
If you intend to use an already existing company, the requirements are;
* a scanned copy of each directors and shareholders passport copy
The fee for a personal or company account (using your current company papers) is Eur 1,250 + any requirements or the US$ equivalent.
Add Eur 1,250 if you require us to create a Belize or Nevis Company (no annual filings required with these jurisdictions) in your chosen name. Add Eur 2,495 for nominee shareholder and director.
Included is internet banking and a debit card. Suggested opened fee, which you remit direct to the bank as soon as your account is opened, is US$500 or Eur 500.
Q. How can I apply?
A. Easy! Just order on-line at https://www.ptshamrock.com/order_bwe.html and then remit our leprechaun's fee of just per your requirements. Once we receive cleared funds, we will e-mail you the application form.
Then e-mail us the Account Application Form by fax or E-mail together with a copy of your passport.
The bank will send you your new account number by E-mail and you need to sign and to send back in original the form together with your signature confirmation (signature to be Notarised) and your passport copy before you may dispose about your account, normally within 24 hours or less.
Then you just instruct your bank to wire your opening deposit into your new Cyprus bank account. Once again, there is no minimum opening deposit, but a minimum of Euro 100 or USD 100 is recommended for account opening purposes.
Q. What else is important for me to know?
That this is probably the fastest and easiest bank account to open in today's banking climate. There are no hassles, no personal appearances required, no utility bills, no apostille's required and or any personal references requested. Just a short 2 page form, a copy of your passport and your signature Notarised is all that is required.
To reiterate just how easy this opening an account is:
We had our account opened in less than 7 days after the bank received all required papers.
Remember we've taken all the hassles out of obtaining a bank account for you in a secure offshore locale. With PT Shamrock's bank account's, there are "No hassles."
Fast and superior service to get you up and running in no time.
Set-up time normally 1 month plus or minus.
Cost just Euro 1,250! or Eur 2,500 for a company in your chosen name and company bank account.