Bank of Cyprus: Purpose, Values, FAQ, Contact Details

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Bank of Cyprus is a Cypriot financial services company established in 1899 and headquartered in Strovolos.

Purpose

To create sustainable value with integrity and in lifelong partnership with our customers. Bank of Cyprus works, on a daily basis, with one single purpose in mind, encapsulating our values, our sense of responsibility and the standard-setting role that Bank of Cyprus plays in the country in which it operates.

Values

  • Integrity
  • Reliability
  • Collaboration
  • Innovation
  • Professionalism

Vision

To create lifelong partnerships with our customers, guiding and supporting them in a changing world.

Mission

Our organisation exists to support our clients in the most important events of their lives as well as in their daily needs. To do this, we invest capital and effort to ensuring that our services are provided by top quality professionals at the cutting edge of technology and with sound and ethical practices. We will continue to be not only a systemic bank driving growth and shareholder value but also a key driver of progress in our community.

FAQ

Is Bank of Cyprus Safe?

Instead, Bank of Cyprus UK operates using the ‘Passport Scheme’ run by the FSCS. This allows Bank of Cyprus to use its home-nation savings safety net: the Cypriot Deposit Protection Scheme. Savers are protected up to €100,000, with any compensation coming directly from Cyprus.

Is Cyprus a Bank?

Founded in 1899 and headquartered in Nicosia, Bank of Cyprus is the leading banking and financial services group in Cyprus, with significant market share across all businesses.

What Is 1bank?

With 1bank Internet Banking you can carry out all your banking transactions 24/7 wherever you are. It’s quick and easy. The internet banking service is offered free, to personal customers as well as businesses from the 1bank website.

Can I Deposit 50000 Cash in Bank?

Till then, you could deposit up to RS 50,000 in cash per transaction without giving the PAN. The rule applies to all bank accounts of the individual, though it is not clear how banks will be able to capture information of cash deposited in other bank accounts. But tax professionals say one should not count on it

How Much Cash Deposit Is Suspicious?

Under the Bank Secrecy Act, banks and other financial institutions must report cash deposits greater than $10,000. But since many criminals are aware of that requirement, banks also are supposed to report any suspicious transactions, including deposit patterns below $10,000.

Contact Details

from Cyprus
Tel: 800 00 800

from abroad:
Tel: (+357) 2212 8000

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