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RealCy.app

Interactive Tool

Cyprus Banking Fee Comparison

Compare fees and features across the main banks available to Cyprus residents. Green cells highlight the best value in each row.

MetricBank of CyprustraditionalHellenic BanktraditionalAstroBanktraditionalRevolutdigitalWisedigital
Monthly fee (€)€6€5€5€0€0
Outbound wire — EU (€)€5€4€6€0€0.5
Outbound wire — Non-EU (€)€25€22€20€3€2
Incoming wire fee (€)€3€3€2€0€0
Free ATM withdrawals/mo00052
FX markup (%)2.5%2.5%2%0%0.35%
Online bankingYesYesYesYesYes
English app/portalYesYesYesYesYes
Account opening (days)~21~18~14~1~1
Non-EU applicant friendlyYesYesYesYesYes

Decision Guide — "If you need..."

A CY-prefix IBAN for your landlord and utilities

Bank of Cyprus, Hellenic Bank, or AstroBank

Revolut/Wise use LT/BE IBANs — often rejected by landlords.

The fastest account opening (arriving this week)

Revolut or Wise

Open the same day. Use as a bridge while your traditional account processes.

Frequent international transfers at lowest cost

Wise

Near mid-market FX rate, low flat fee. Significantly cheaper than traditional banks for non-EU transfers.

Non-EU passport or complex source of funds

AstroBank

Historically more accommodating for MENA, CIS, and South Asian profiles.

Travelling frequently — zero ATM fees, no FX markup

Revolut (Standard plan)

5 free ATM withdrawals/mo, real exchange rate, instant freeze/unfreeze.

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