Banking

European Bank Account Opening

A European bank account has become hard to open on your own. We prepare your KYC and source-of-funds package and manage the application as an authorised Cyprus banking representative, including applications involving Bank of Cyprus, subject to bank approval.

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2–4 wksTypical timeline, complete file
KYCBank-ready documentation
AuthorisedCyprus banking representative
European Banking

We Prepare the File — the Bank Decides

EU banking due diligence has tightened sharply since 2020. Non-residents and newly formed companies face extra scrutiny. We prepare your KYC and source-of-funds package and manage the application as an authorised Cyprus banking representative, including applications involving Bank of Cyprus. Final approval always rests with the bank.

Passport / identity documents
Proof of residential address
Documented source of funds
Business plan & expected turnover
Expected transaction profile
Company documents (for corporate accounts)
Tax residence information
Ultimate beneficial owner (UBO) declaration
What to expect

A complete, well-prepared application typically clears in 2–4 weeks. Incomplete submissions routinely take 3–6 months or are declined. We do not guarantee approval — what we guarantee is a clean, bank-ready file and management of the entire process on your behalf.

Before You Apply

Bank Account Readiness Checklist

Approval turns on the quality of your file. Here is what a bank-ready application generally needs — we help you assemble and present it.

✓Passport / national IDCertified copies for each signatory and beneficial owner.
✓Proof of residential addressRecent utility bill or bank statement, usually under three months old.
✓Source of funds & wealthDocumented: salary, business income, sale of assets or inheritance.
✓Business description & activityWhat the company does, its key markets and main counterparties.
✓Expected account activityAnticipated turnover, typical transaction sizes and main currencies.
✓Corporate documentsIncorporation certificate, register extracts and an ownership chart.
✓Tax identificationTIN and tax-residence details for the company and beneficial owners.
✓Banking referencesExisting relationship references where available strengthen the file.

Requirements vary by bank and profile. Final approval always rests with the bank after its own KYC/AML review.

Speak With an Advisor

A 30-minute confidential call — free, no pitch. We map the steps, timeline and pricing for your situation across Cyprus, Greece and Europe.

Book a Discovery Call
How We Work

What We Do — and What We Don’t

Clarity matters in a regulated advisory business. Here is exactly where Accenica acts, and where licensed partners and the relevant authorities take over.

What we do

  • Prepare your KYC, source-of-funds and business-rationale file to a bank-ready standard
  • Match your profile to suitable EU and Cyprus banking partners and make the introduction
  • Manage the application, follow-up requests and documentation until a decision is reached
  • Coordinate with licensed lawyers and accountants where the bank requires it

What licensed partners & authorities do

  • We are a private advisory firm — not a bank, and we never hold or move client funds
  • We do not guarantee account approval; the bank decides after its own compliance review
  • We do not open accounts “anonymously” or bypass any bank’s KYC/AML requirements
  • We do not promise specific banks, IBANs or timelines a bank has not confirmed
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