Cyprus began to massively close bank accounts of Russians

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Date

18 Apr 2023


Customers from Russia began to receive relevant notifications en masse.

 

Accounts are closed for tax residents of Russia, those who have income from the sanctions business in the Russian Federation, as well as holders of a type F residence permit, that is, those who received it in connection with the purchase of real estate in the country. In addition, notifications about the closure of accounts come to Russians who are in Cyprus on a tourist visa.

 

Аll of the above categories of accounts will be closed in two months.

 

Sourse: UNIAN