A ready-to-go business account in Cyprus
A ready-to-go business account in Cyprus
A ready-to-go business account in Cyprus
Set your business free with GBP & EUR IBANs, team Visa debit cards, faster local & international payments and friendly customer support.
Set your business free with GBP & EUR IBANs, team Visa debit cards, faster local & international payments and friendly customer support.
Set your business free with GBP & EUR IBANs, team Visa debit cards, faster local & international payments and friendly customer support.
Signing up is fast and easy
Signing up is fast and easy
Signing up is fast and easy
An easy, all-online way to manage your business finances in Cyprus
An easy, all-online way to manage your business finances in Cyprus
An easy, all-online way to manage your business finances in Cyprus
You don’t need an appointment to open a wamo business account
With wamo you can apply in 10 minutes. And have your account ready to use in under 48 hours.
You don’t need an appointment to open a wamo business account
With wamo you can apply in 10 minutes. And have your account ready to use in under 48 hours.
You don’t need an appointment to open a wamo business account
With wamo you can apply in 10 minutes. And have your account ready to use in under 48 hours.
Fast, simple payments in Cyprus and everywhere
Fast, simple payments in Cyprus and everywhere
Do business like a local in Cyprus, the EU & the UK
Fast Local and international payments
Visa Business debit cards
“Great community is a key to successful coworking environment and Wamo is all about community”
Kris Petersen
Partner at Soho Office, Cyprus
A coworking space with 4 locations and 108 offices
“Great community is a key to successful coworking environment and Wamo is all about community”
Kris Petersen
Partner at Soho Office, Cyprus
A coworking space with 4 locations and 108 offices
Easy, online account opening
No endless paperwork or queuing at a bank. Apply online in minutes.
Easy, online account opening
No endless paperwork or queuing at a bank. Apply online in minutes.
Easy, online account opening
No endless paperwork or queuing at a bank. Apply online in minutes.
Friendly, expert support
Speak to a human wamo team member when you need to. No bots!
Friendly, expert support
Speak to a human wamo team member when you need to. No bots!
Friendly, expert support
Speak to a human wamo team member when you need to. No bots!
Safe & Secure
Your money is protected by a licensed bank in a safeguarded account.
Safe & Secure
Your money is protected by a licensed bank in a safeguarded account.
Safe & Secure
Your money is protected by a licensed bank in a safeguarded account.
Fair and transparent
See all fees and charges upfront. Choose the best subscription plan for you.
Fair and transparent
See all fees and charges upfront. Choose the best subscription plan for you.
Fair and transparent
See all fees and charges upfront. Choose the best subscription plan for you.
LATEST UPDATES
Frequently asked
questions
How long does it take to open a business account in Cyprus?
Opening a business account in Cyprus usually takes around 2 weeks for non-residents. Some digital banks might offer a faster process. Always check with the bank to find out how long the process can take as each bank is different.
With wamo, setting up a wamo business account is quick and simple. It usually takes about 10-15 minutes to register. Our team wil then review your application and request additional information or documentation if needed. It usually takes under 48 hours to have your business account ready to use.
What do I need to open a business account in Cyprus?
To open a business account in Cyprus, you'll need to provide various documents. These may include business-related documents, proof of ID and proof of the source of funds. Exact requirements can differ among banks, so check with your chosen bank for a detailed list.
To open a business account with wamo, we will ask for:
Your, your directors’ and your shareholders’ proof of ID and proof of addresses
Your company name, registration number and business addresses
Your company’s website address, or links to other online presence (e.g. social media pages). We're required to ask for this as part of our financial regulations to open an account. If you don't have any online presence, then you can let us know how you market yourselves instead.
A bit of information about what your business does. For example: what products or services you buy or sell.
We’ll also ask for these documents:
Certificate of incorporation
Memorandum and Articles of Association (company registration documents)
Registry Extract showing Beneficial Owners
Proof of address (e.g., utility bill, bank statement or rental agreement) - Dated within the last 6 months.
Do I need to be in Cyprus to open a business account?
You do not necessarily need to be in Cyprus to open a business account. Some banks, like Hellenic Bank and the Bank of Cyprus, offer online account opening processes. However, they might require you to complete the process in person or be registered to their digital service. It's best to ask directly at your chosen bank about their process, especially if you're a foreigner or non-resident.
Keep in mind that the bank opening hours in Cyprus typically end around 1 to 2 PM. Also, certain banks may have additional steps or require extra documents if you're a foreigner or non-resident. Always check with the bank for more information.
With wamo, you don’t have to be in Cyprus to open a business account. Our application process is completely online. If you have any questions about opening an account, feel free to contact us. We're available 6 days a week and typically respond in under 5 minutes. Come to the live support chat on our website or by emailing support@wamo.io.
What is wamo?
wamo is a payments and financial management platform that works just like a bank. But wamo is not a bank. A fintech service like ours and many others works in partnership with a banking service provider to bring you all the benefits of banking without much of the hassle. wamo provides a business account that is easy to use, designed specifically to meet the needs of small and medium-sized businesses. You’ll get fast local and international payments, virtual debit cards for online spending. The ability to create up to 10 sub-accounts each with the option of either a EUR or GBP IBAN. A choice of subscription plans that you can change as your needs change and real, human customer support from a friendly professional team who are committed to your business success.
How long does it take to open a business account in Cyprus?
Opening a business account in Cyprus usually takes around 2 weeks for non-residents. Some digital banks might offer a faster process. Always check with the bank to find out how long the process can take as each bank is different.
With wamo, setting up a wamo business account is quick and simple. It usually takes about 10-15 minutes to register. Our team wil then review your application and request additional information or documentation if needed. It usually takes under 48 hours to have your business account ready to use.
What do I need to open a business account in Cyprus?
To open a business account in Cyprus, you'll need to provide various documents. These may include business-related documents, proof of ID and proof of the source of funds. Exact requirements can differ among banks, so check with your chosen bank for a detailed list.
To open a business account with wamo, we will ask for:
Your, your directors’ and your shareholders’ proof of ID and proof of addresses
Your company name, registration number and business addresses
Your company’s website address, or links to other online presence (e.g. social media pages). We're required to ask for this as part of our financial regulations to open an account. If you don't have any online presence, then you can let us know how you market yourselves instead.
A bit of information about what your business does. For example: what products or services you buy or sell.
We’ll also ask for these documents:
Certificate of incorporation
Memorandum and Articles of Association (company registration documents)
Registry Extract showing Beneficial Owners
Proof of address (e.g., utility bill, bank statement or rental agreement) - Dated within the last 6 months.
Do I need to be in Cyprus to open a business account?
You do not necessarily need to be in Cyprus to open a business account. Some banks, like Hellenic Bank and the Bank of Cyprus, offer online account opening processes. However, they might require you to complete the process in person or be registered to their digital service. It's best to ask directly at your chosen bank about their process, especially if you're a foreigner or non-resident.
Keep in mind that the bank opening hours in Cyprus typically end around 1 to 2 PM. Also, certain banks may have additional steps or require extra documents if you're a foreigner or non-resident. Always check with the bank for more information.
With wamo, you don’t have to be in Cyprus to open a business account. Our application process is completely online. If you have any questions about opening an account, feel free to contact us. We're available 6 days a week and typically respond in under 5 minutes. Come to the live support chat on our website or by emailing support@wamo.io.
What is wamo?
wamo is a payments and financial management platform that works just like a bank. But wamo is not a bank. A fintech service like ours and many others works in partnership with a banking service provider to bring you all the benefits of banking without much of the hassle. wamo provides a business account that is easy to use, designed specifically to meet the needs of small and medium-sized businesses. You’ll get fast local and international payments, virtual debit cards for online spending. The ability to create up to 10 sub-accounts each with the option of either a EUR or GBP IBAN. A choice of subscription plans that you can change as your needs change and real, human customer support from a friendly professional team who are committed to your business success.
How long does it take to open a business account in Cyprus?
Opening a business account in Cyprus usually takes around 2 weeks for non-residents. Some digital banks might offer a faster process. Always check with the bank to find out how long the process can take as each bank is different.
With wamo, setting up a wamo business account is quick and simple. It usually takes about 10-15 minutes to register. Our team wil then review your application and request additional information or documentation if needed. It usually takes under 48 hours to have your business account ready to use.
What do I need to open a business account in Cyprus?
To open a business account in Cyprus, you'll need to provide various documents. These may include business-related documents, proof of ID and proof of the source of funds. Exact requirements can differ among banks, so check with your chosen bank for a detailed list.
To open a business account with wamo, we will ask for:
Your, your directors’ and your shareholders’ proof of ID and proof of addresses
Your company name, registration number and business addresses
Your company’s website address, or links to other online presence (e.g. social media pages). We're required to ask for this as part of our financial regulations to open an account. If you don't have any online presence, then you can let us know how you market yourselves instead.
A bit of information about what your business does. For example: what products or services you buy or sell.
We’ll also ask for these documents:
Certificate of incorporation
Memorandum and Articles of Association (company registration documents)
Registry Extract showing Beneficial Owners
Proof of address (e.g., utility bill, bank statement or rental agreement) - Dated within the last 6 months.
Do I need to be in Cyprus to open a business account?
You do not necessarily need to be in Cyprus to open a business account. Some banks, like Hellenic Bank and the Bank of Cyprus, offer online account opening processes. However, they might require you to complete the process in person or be registered to their digital service. It's best to ask directly at your chosen bank about their process, especially if you're a foreigner or non-resident.
Keep in mind that the bank opening hours in Cyprus typically end around 1 to 2 PM. Also, certain banks may have additional steps or require extra documents if you're a foreigner or non-resident. Always check with the bank for more information.
With wamo, you don’t have to be in Cyprus to open a business account. Our application process is completely online. If you have any questions about opening an account, feel free to contact us. We're available 6 days a week and typically respond in under 5 minutes. Come to the live support chat on our website or by emailing support@wamo.io.
What is wamo?
wamo is a payments and financial management platform that works just like a bank. But wamo is not a bank. A fintech service like ours and many others works in partnership with a banking service provider to bring you all the benefits of banking without much of the hassle. wamo provides a business account that is easy to use, designed specifically to meet the needs of small and medium-sized businesses. You’ll get fast local and international payments, virtual debit cards for online spending. The ability to create up to 10 sub-accounts each with the option of either a EUR or GBP IBAN. A choice of subscription plans that you can change as your needs change and real, human customer support from a friendly professional team who are committed to your business success.
“Great community is a key to successful coworking environment and Wamo is all about community”
Kris Petersen
Partner at Soho Office, Cyprus
A coworking space with 4 locations and 108 offices