RCB Bank Ltd

Business Summary

Services
retail banking
corporate banking
investment banking
brokerage
Clients
local and international clients
Products
current accounts
savings accounts
time deposit accounts (0.90 - 0.95 %)
investment products
coprorate lending
trade finance
Area Served
Cyprus
internationally
Germany

RCB Bank Ltd provides products and services in the areas of retail banking, corporate banking, investment banking, brokerage. The range of products offered by RCB Bank Ltd includes current accounts, savings accounts, time deposit accounts (0.90 - 0.95 %), investment products, coprorate lending, trade finance. RCB Bank Ltd makes its solutions available to local and international clients.

Account Opening
branch visit

Opening an account with RCB Bank Ltd can be done by branch visit.

Required Documents
passport
ID card
utility bill
house insurance
bank statement

RCB Bank Ltd requires the following documents to open a personal bank account: passport, ID card, utility bill, house insurance, bank statement.

While opening a bank account RCB Bank Ltd has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by RCB Bank Ltd and the documents used are outlined below.

Identity Verification
passport
ID card
Address Confirmation
utility bill
house insurance
bank statement
Current Occupation
Income Source

RCB Bank Ltd may require additional documentation or information depending on the case.

Ways to Bank
branch
online banking
mobile app

Products and services offered by RCB Bank Ltd are available at its branches and via its online banking system, mobile application.

Products

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

RCB Bank Ltd offers the following time deposit accounts.

Updated on 14 December 2019

Festgeld
Sales Region
Germany
Investment Amount
10,000 - 100,000 EUR
Interest Rate (p.a.)
0.90 - 0.95 %
Deposit Term
12 - 36 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.90 %
Max. Interest Rate (p.a.)
0.95 %
Min. Deposit Term
12 months
Max. Deposit Term
36 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Time deposit accounts made with RCB Bank Ltd are covered by deposit guarantee scheme of Cyprus up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts is not taxed in Cyprus for both residents and non-residents.

See Also

Similar Banks

Societe Generale Bank - Cyprus Ltd
corporate banking, private banking
The Cyprus Development Bank Public Company Ltd
corporate and investment banking
USB BANK PLC
retail and corporate banking

Banking Products in Cyprus