Banking & Payment Services
The Cypriot banking sector has undergone significant reform, with a strong focus on compliance, transparency and risk‑based customer due diligence in line with EU and FATF standards. In this environment, careful preparation and proper presentation of client profiles has become essential.
ENH Law Office maintains working relationships with local banks and payment institutions in Cyprus and cooperates with reputable international banking and electronic money institutions in key financial centres. We assist clients in navigating enhanced KYC/AML requirements and in selecting suitable providers for their specific business model and risk profile.
Main services provided:
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Preparation and completion of bank and payment institution application forms
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Introduction to banks and other regulated financial institutions (where appropriate)
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Ongoing account maintenance support
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Handling of banking correspondence
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Support with standing orders and utility payments
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Mail forwarding and document handling
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Signatory and representation services (where permissible and appropriate)
