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Some where in your above post there is a line " No minimum deposit is required to start the accounts and credit card facilities are offered after some duration of time to initial customers". But I have read in many websites about the account opening standing fee. in Cyprus that ranges from EUR...

After going through the entire article on "Cyprus Bank Account ”“ open yours today!", I found two contrasting facts. Advices and laws. Advices can never be termed as laws. Somewhere it has been mentioned that: the Cypriot banking institutions advices individuals or corporations that want to...

You have mentioned about only three documents (besides standing fee), which are needed to open a bank account in Cyprus. Is there any need of any permanent resident of Cyprus to open a bank account there? I have read some where about its necessity. Pl. clears my doubt?

I think the Central Bank of Cyprus, being the Apex Bank of the country, who is bestowed with the power to regulate and control the banking sector of the land, is doing its job honestly and actively. That's the reason, so many global entities and individuals are inclined to avail banking services...

I think the Central Bank of Cyprus, being the Apex Bank of the country, who is bestowed with the power to regulate and control the banking sector of the land, is doing its job honestly and actively. That's the reason, so many global entities and individuals are inclined to avail banking services...

The activities of Central Bank of a nation is an important indicator in judging the strength of banking systems, quality of services, investors protections and financial transparency. It is a mater of great pleasure for all global as well as domestic account holders of Cyprus, that the Central...

Generally a bank account opened outside of one's native country can be considered an offshore bank account. Offshore bank account can be used for savings, or as normal banking. It may be opened by any individuals or business houses in most countries, to have major benefits in terms of asset...

That's a amazing news that BOEING 787 Dreamliner took off successfully on its maiden flight today from Paine Field in Everett, Washington. Although it was more than two years late due to factors such as shortage of parts, redesigns and incomplete work from suppliers etc. Now it is the right time...

The political and economic situations of some offshore destinations are too complicated just to assume that a bank that was safe and private last year can't be the same next year. another disadvantages is that offshore jurisdictions are often remote, so physical access and access to information...

The main difference between offshore and onshore investment accounts is taxation. But there are other benefits in offshore savings account as well. offshore banks normally provide wider choice of the investment products.There is investors protection laws , more privacy and secrecy.some offshore...

There are thousands of offshore investment funds, offshore bonds and other offshore investment vehicles, and most offshore banks and most offshore banks provide its customers with wide access to them. These offshore investment instruments are flexible enough to fit around today's changing...

That's right and you have perfectly predicted the price escalation of crude. The next announcement of two day sessions of FOMC began from 15th December 2009, would decides the next move of crude oil, gold and stock markets.

I would prefer to go long once the gold price dips below $1100 per ounce. I am bullish for the long term rally in gold price.

Offcourse many banks from multiple locations are offering offshore banking services to their global customers. But here the top three global offshore banks. HSBC Bank International. Barclays Bank. UBS AG.

Environmental issues such as low carbon emission and ground water contamination is a global concern now. Natural gas is certainly one of the cleaner fuels compared with coal or crude oil. So we have to struck a perfect balance between environment and development. Making law may not be the right...

An Offshore Bank Account may be defined as any bank account opened outside of one's native country. It can be opened in various forms according to the requirement and use of an account holder. Offshore merchant account is one of them. How can you define it?

Offshore Banking Accounts provides multi-currency account management facilities. But the concept of multi currency account is not known to me. So pl. respond "What is Multi-Currency Account"?

Everybody thinks Offshore Bank Accounts have only advantages. But truth is different from the reality. What are the Political and economic factors while opening an Offshore Bank Account?

The political and economic situation in the world is too complicated just to assume that a bank that was safe and private last year may not be the same always. Another disadvantage is , offshore jurisdictions are often remote, so physical access and access to information may be difficult.

There would be no problem at all. Most of the offshore Banks offers multi currency bank account. So the inward currency is automatically deposited to the offshore account as per the base currency selected by you.