Marketing Department / Monday, August 5, 2024 / Categories: Client Enquiries Real Client Scenario: Cyprus Bank Account - Joint Application - Q&A for the Application form Dear Mr. Client, With regard to the opening of the joint account please advise as below for both, yourself and for your wife: 1) Shall we use your business mobile number in the application? 2) Do you need a debit card? 3) Shall we apply for a multiple signature scheme? 4) Mailing address will be? 5) Please advise the currency of the account. 6) Who will be the signatory? 7) Who will have access to 1BANK? 8) Purpose/reasons for application (i.e. deposits savings, commercial, card facilities, credit facilities, other purpose/reason). 9) Nature of transactions (i.e. cash, cheques, transfers, inward payments, outward payments, use of cards, payments receipts from letters of credit, process from credit facilities). 10) Source of income (i.e. salary, unemployed, pension/allowance, rent, interest, dividends, minor saving, student allowance). 11) Source of wealth (i.e. deposits, bonds, shares, movable property, immovable property, no wealth). 12) Value of Assets 13) Expected annual credit turnover 14) Expected annual debit turnover 15) Expected destination of outgoing payments 16) Expected origin of income funds 17) Main economic activity location - Country 18) Expected portfolio 19) Do you own a private home in Cyprus? 20) When you are in Cyprus you reside in a (ie hotel, rented premises, owned premises, with friends/relatives)? 21) Do you expect to be in Cyprus for a period up to 183 days during any calendar year? 22) Days of arrival and departure to and from Cyprus during previous calendar year. 23) Your personal TIC numbers Remaining at your disposal, CYAUSE Team Previous Article Real Life Client Correspondence: Are you up to date with your taxes? I believe we can help you save taxes and tidy up your business obligations Next Article Real Client Enquiries: General Relocation Questions Print 276 Rate this article: No rating Tags: cyprusDividendsBank accountCyprus bank accountBank requirementsBankingBank of CyprusHellenic Bankbank account set upbankwealthbank account feesbank applicationJoint account openingMultiple signature schemedepositscommercialtransferssalarypensionValue of assetsAnnual credit turnoverAnnual debit turnoverDestination of outgoing paymentsOrigin of income fundsEconomic activity locationExpected portfolio detailsPersonal TIC numbersbank enquiriesbanking solutionsbank questionnairejoint bank accountapplication for bank accountdebit cardcurrency of bank accountsignatory1BANKbank applicationsreasons for bank applicationpurpose bank applicationdeposits savingscard faciltiescredit facilitiescashbank chequesinward paymentsoutward paymentscardsuse of cardspayments receiptsletters of creditallowancerent paymentsinterest paymentsminor savingsstudent allowancesbondssharesmovable propertyimmovable propertycyprus residencybank transferbank transactionsbank statementsankoria bankancoria bankcdb bank Please login or register to post comments.