Ich war gerade bei der Astrobank und für die Kontoeröffnung dort werden allein für ein Sparkonto und eine Debitkarte 30 € Gebühren pro Jahr erhoben.
Ich persönlich hatte mein ganzes Leben lang Hellenic und sie verlangen nur 5 € pro Jahr.
Was denkst du darüber? Ich bin wirklich neugierig, denkst du, dass es zu viel ist oder dass es in Ordnung ist?
https://i.redd.it/uc24mm6aae7e1.png
Von Feeneex
11 Comments
Unless you’re writing a thesis on Cypriot Banks, your post history is kinda sus brother :p
But to answer your question, for personal accounts, the fees are quite low in my experience. I think hellenic charges €1,50 a month.
Now for corporate accounts its different and it depends on your activity and nature of business. But for small companies for example, BOC charges 6 euro per quarter and Hellenic charges 9 euro per month.
Imo BOC fees are worth it. Hellenic is not, 9 euros per month and their mobile app doesnt even support corporate accounts anymore. Might as well have a revolut account.
Banking fees are regarded in Cyprus.
Hellenic “savings” account has 0.0% interest and they charge 5eu a quarter.
Literally you’re better off keeping the money under your bed or something.
Cypriot banks are predatory.
Criminal and deserve to be boycotted for it.
What infuriates me is the fact that interest is non existent on deposits – yet we need to pay for a basic account
That being said – if you keep a current account and maybe a credit card (and utilise BoC pronomia & antamivi) you can keep it at a minimum and get something back in antamivi points
Probably a big culture shock for me moving here was how much the bank charged me just to open an account and the fees they take every 3 months for “maintenance”. Where I come from there are 0 fees because there are multiple massive banks that compete against each other they can’t afford to lose customers since we can just take our money elsewhere.
I think the banking fees in Cyprus are very reasonable, I mean you can do sepa transfers up to an amount for free, you have the option to withdraw cash from own branches for free maintenance fees for basic accounts are very low. What is currently not reasonable are the interest rates for loans, are extremely high
They are looking at each other on their fees. Because there is no real competition and the market is small and hard to penetrate it’s an oligopoly.
I closed all my Cypriot accounts years ago and never looked back.
I’m just happy that we have disruptive new banks like Revolut which are valid alternatives protected by EU Single Market regulations. As long as you don’t deal with a lot of cash, cheques or loans etc then Revolut is a game changer for Cyprus.
Re vo lut
Repeat after me
Edit: Just realised this is the same guy who has been trying to launder crypto in Cyprus for a while now.
If you open Bank of Cyprus quick account, you get no interest, but there is no charge to have the account at all. This is unofficial, though
Source: Bank of Cyprus employee
Use Revolut my friend