More information

• Who can open a traditional savings account?

  Savings accounts can be opened by individuals, companies, associations, clubs, provident funds, etc.

  A savings account can also be opened in the name of a minor with the only difference that the minor cannot make withdrawals before the age of 18.

• Can I be automatically be credited with my salary?

  Your account can be automatically credited with your salary giving you the ability to automatically pay utility bills, with SEPA direct debits.

• How can I access my account?

  Transactions in your savings account can be done through 1bank Internet Banking and Mobile App, simply, quickly and 24 hours a day. You can alternatively visit any of our branches.

  You can also have access to your account through a Visa Classic Debit Card (only for individuals) which is connected to your acount and can be used at  all our ATMs for withdrawals, deposits or even inforamtion on the balance of your account. With a debit card, you can additionally make daily purchases by automatically debiting your account.

• What is the procedure for renewing the savings account?

  Traditional savings accounts do not need to be renewed, as they have no expiry date.

• What is the interest rate?

   Lean on your account’s interest rate here 

• Guarantee Deposit Scheme

  Deposits in Bank of Cyprus Public Company Limited are protected by the Deposit Guarantee and Resolution of Credit and Other Institutions Scheme (DGS).

  Limit protection of EUR 100.000 per depositor per credit institution.

  For more information please click here