For your everyday needs

Apply online and instantly receive a decision

Get it now

Current account


  • Overdraft limit

    Optimally manage your daily expenses and needs, pay bills and get instant access to cash

  • Additional benefits

    Debit card may be issued for instant access to your funds (purchases and withdrawals from ATMs), automatic payroll credit.

Financing options:

  • Apply for financing and instantly receive a decision digitally. The process is straightforward - use the BoC Mobile App or Internet Banking. Your financing has the following features:

    • Amount up to €5,000 (minimum €500)
    • No personal guarantees or other collateral
    • No initial bank fees


  • You can apply through Internet Banking or BoC Mobile app. A Bank officer will contact you shortly, to complete your application process. Your financing has the following features:

    • Amount up to €10,000
    • With guarantees / collateral (personal guarantees / mortgage)
    • More favourable interest rate in case of mortgage
    • No initial bank fees

    For any option other than those listed above (such as for a greater amount, other collateral etc.) please contact any of our branches.

Apply online for a QuickOverdraft


up to €5,000

Fill in the application

easily and quickly

Get a response


Get it now

More information

    • With issuance of cheques
    • Ability to use Direct Visa for your purchases
    • By using ATMs in Cyprus with no additional costs.
    • Automatically pay loans, insurance etc through a standing order
    • Automatically pay utility bills through a standing order
    • Immediate transaction notification via SMS
    • Manage your accounts through 1bank 24 hours a day
    • Your account is automatically credited with your monthly salary
  • Yes, you can convert an existing Current Account (without limit) into a Current Account with a limit by submitting a request to your branch. 

    By applying through our Digital Channels you will open a new account.

  • There are no initial banking fees

    • Within five business days from the date of the agreement conclusion, when the facility is secured with a mortgage on a house
    • Within 14 calendar days from the date of the agreement conclusion when the facility is secured with personal guarantees.
  • If you don’t have any other credit card with Bank of Cyprus, subscription is free for the first year.

  • Find out more on interest rates here.

  • How do I know if I am eligible to apply?

    The facility is offered to permanent residents of Cyprus only. If you are not a permanent resident of Cyprus for the last year, contact your servicing Branch to find out your options.

    How can I check the status of my application?

    You will be informed via a message on your mobile of your application status.

    Can I add a joint borrower?

    QuickOverdraft products are available to one borrower. You can apply with a joint borrower through your servicing Branch.

    What supporting documents do I have to submit?

    A proof of income may be requested within the online procedure.

    Do I have to cover my overdraft with an insurance?

    No, you don’t have to. However, if you are interested in doing so, contact your servicing Branch. Terms and conditions apply.

    Are there any fees associated with the application?

    QuickOverdraft products are offered without any initial bank charges (arrangement or documentation fees). You will have to pay stamp duty as per the relevant legislation which applies from time to time. 

    What does the automated assessment of my application, the automated decision-making and the automated processing of my personal data and profiling involve?

    Applications for QuickOverdraft products are assessed electronically based on your creditworthiness, repayment ability and the Bank’s credit policy as applicable from time to time.

    The decision for the approval or rejection of the online credit application will be reached by processing your personal data using solely automated means (including profiling), without human involvement, and only after we have your explicit consent to do so.

    Profiling under this procedure involves the automated processing of your personal data to analyze, evaluate and predict your creditworthiness and ability to repay the facility.

    The Bank will use only the necessary information that will allow the assessment of your creditworthiness and repayment ability and to make responsible, fair and informed lending decisions.

    The Bank will use information that you provide, as well as information derived from the Bank’s internal sources (that is your personal and contact details, employment, income, expenses, family structure, spending habits, conduct on other accounts / facilities / guarantees / securities, payment arrears on other accounts / facilities, judgement debts, whether your personal data has been verified and updates for anti-money laundering purposes) and external sources (that is bankruptcy records, i.e. arrears, non-performing facilities and judgement debts at other banks from Artemis Credit Bureau).

    The application may also be automatically referred to the Bank for further evaluation by an officer.

    Do I have the right to object to the automated decision?

    Yes, you have the right to request re-examination of the application by a Bank’s officer by contacting your servicing Branch. 

    Can I withdraw from the application process at any time before submitting it or after a decision is reached by the Bank?

    You can withdraw your application at any time. If you have entered any information, you have the choice to save it and resume with the application at a later stage or discard it. If you choose to discard it, the information you entered will not be saved. Your application will be automatically discarded if you remain inactive for 15 days.

    If a decision is reached by the Bank, you can still withdraw your application at any time before entering into a contract for the granting of the facility. This does not affect your other rights regarding the processing of your personal data.

    You can also withdraw from the contract within a specified timeframe and subject to certain conditions. More information on your right to withdraw from the contract will be provided in the pre-contractual information for the credit facility which will be made available to you, as well as in the agreement for the granting of the facility.

    How is Bank of Cyprus protecting my privacy and handling my personal data?

    The Bank is committed to protecting your privacy and handling your data in an open and transparent manner. You can learn more in the Bank’s Privacy Statement, where you can also find further details on your rights, for example your right of access, right to request correction / rectification, the right to lodge a complaint etc.

    What happens after approval?

    After approval you will be notified for the preparation of the contractual documentation for the granting of the facility via a message on your mobile. The signing of the contractual documentation will take place at your servicing Branch, unless indicated otherwise.

    How fast can I have access to my account?                                                                       

    If approved, the overdraft will become available to you the working day following the signing of the contractual documentation at the latest.

    I already have a sight account (current account with no limit). Can I convert this to an overdraft account?

    Yes you can, by applying at your servicing Branch. By applying through Digital Channels, you will open a new account.  

    Can I have a debit card connected to my new overdraft?

    You will have the choice to apply for a new debit card (Visa or Mastercard) through your application (Terms and conditions apply).

    I am not a customer of the Bank. Can I still apply?

    Yes. You can download the BoC mobile app and register. Then, you will be able to connect to 1Bank (Terms and conditions apply). You can apply for this facility either via 1Bank or via the BoC mobile app.


The Bank reserves the right to reject any application at its sole discretion and withdraw any plan at any time. If you do not keep up with your repayment plan, you may lose your house.


+35722128000 from abroad
Monday to Friday, 07:45 - 18:00 Saturday and Sunday 9:00 - 17:00

Find your nearest Branch

Or use one of our ATMs for your everyday transactions

A specialized officer

can get in touch with you to discuss everything you need to know about our products