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Bank Relationship Management Services

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Our experienced professionals help clients navigate the unique features of the Cypriot banking ecosystem and facilitate the building of strong, lasting relationships with clients’ selected banking partners.

With a focus on efficiency and convenience, our team assists clients in addressing a wide spectrum of financial needs unique to their circumstances and business model whilst ensuring compliance with regulatory standards.

Services

  • Digitized preparation and maintenance of proper books and records in every major currency
  • Preparation of periodic management accounts
  • Preparation of Trial Balance showing the amount of each Ledger Account
  • Preparation of Nominal Ledgers showing the movement of each ledger account
  • Monthly debtor / creditor reports and ageing analysis
  • Reconciliation and analysis of bank accounts
  • Conversion of accounts in accordance with IFRS standards
  • Bank account opening: With the support of licensed administrative service providers, we assist clients in meeting banking providers’ unique requirements for bank account opening, advise on the completion of any account opening documentation and collect and collate any necessary KYC or onboarding documents
  • Bank account management: With the support of licensed administrative service providers, we facilitate the operation of any opened bank accounts on behalf of clients and provide them with ongoing reporting
  • FATCA/CRS Support: We assist clients in navigating FATCA and CRS requirements and filling relevant documentation
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