The Bank of Cyprus was founded in 1989 to provide banking services in Cyprus and has expanded to Australia, UK, Russia, Ukraine, Greece, Romania and the Channels of Islands. If read through this article, you would get the information related to the best bank, which is the Bank of Cyprus. It offers best services for your business and/or individual needs. This article provides you with an overview of Bank of Cyprus UK.
Bank of Cyprus UK's banking services
The financial services offered by the Bank of Cyprus UK are business banking and personal banking. Business banking Business banking services are further divided into: - Day-to-day banking - Loans and finance - Treasury services - Savings - International services - Insurance Day-to-day banking and loan and finance Day-to-day banking is done through business current account and cash management accounts, while loans and finance include business and property lending services. Treasury services and international services Treasury services and international series are grouped into foreign exchange, interest rate products and import and exports services. Savings Savings are further broken into: - Fixed rate bonds - FlexiBond - Charity Bond - Fixed depost - 35-day notice account - Instant access account. Personal banking Personal banking services offered are grouped into: - Bonds - ISAs - Day-to-day banking - Insurance and protection - Mobile banking Bonds and ISAs The bonds offered to individuals are fixed-term bonds, flexiBond and the balanced investment plans. Tax free savings are offered through the fixed and variable rate cash ISA. Day-to-day banking and mobile banking Day-to-day banking services include personal current accounts, savings accounts as well as travel money. The Bank of Cyprus has a mobile banking facility which enables clients to carry all their banking transactions such as doing payments and communicating with the bank through the Internet. Insurance and protection The Bank of Cyprus UK provides value added insurance services to their clients such as travel insurance, motor insurance, home insurance, life insurance and income protection insurance which are tailor-made.
Why banking with Bank of Cyprus UK
Range of products The Bank of Cyprus offers a range of banking services that caters for businesses and individual needs. Again, the product focuses on different customer needs. The bank also offers ancillary services like insurance products to their clients to complement their banking services. This means that diversified customers' needs are addressed under one roof. Online services The bank has an online service which reduces the burden of physically going to the banking hall. Professional banking advice The Bank of Cyprus UK offers free professional banking advices to clients as well as banking facilities to introducers.