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.
Opening an account with RCB Bank Ltd can be done by branch visit.
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.
RCB Bank Ltd may require additional documentation or information depending on the case.
Products and services offered by RCB Bank Ltd are available at its branches and via its online banking system, mobile application.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).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
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.