Always attentive to its customers' needs, Bank of Cyprus now offers the option of opening a Quick account - with zero administrative fees.
This account is geared at 1bank subscribers aged 18 and over who can benefit by quickly opening their own account - through Internet Bank or the BoC Mobile App.
No administrative fees apply, and holders will also get a free subscription for a debit card for the first year. Customers can make transactions that are available for other accounts offered by the Bank.
The e-Instant account, created automatically in the subscriber's name only, is available for any deposit amount and can be debited/credited via Internet Banking/Mobile Banking and ATMs. Among other things, and just like other Bank of Cyprus accounts, it offers free outgoing payments via SEPA for amounts up to €1,000. You can also use standing orders to pay for loans, insurance premiums, rent or other expenses, or use direct debit to pay utilities.
Other than the Quick account, Bank of Cyprus offers the Youth account (ages 18 to 25) - again with zero administrative fees.
What's more, reduced fees apply for the Payment Account with Basic Features.
Customers aged 65 and over are eligible for special commissions/fees.
At a time of high inflationary trends, Bank of Cyprus continues to stand by its customers, understanding their needs and helping them deal with the rising cost of living by rolling out new products.