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Offer of Bank Account Opening with
Russian Commercial Bank (RCB) (Cyprus)

2 Amathuntos Street, 3310, Limassol, Cyprus
General Description Russian Commercial Bank Ltd is a subsidiary bank of the VTB GRUP. VTB is one of the leaders in the national banking sector and it takes strong competitive positions in all the banking service market segments in the Russian Federation. The Russian Federation Government is the main shareholder of VTB with 60,93% of the shares.
Credit Ratings
S&P: ВВВ+/A-2; Fitch: ВВВ+/F2; Moody's Вaa1/A-1
Methods of Account Management
Telephone, fax, electronic messages, and Internet-Bank
Types of Accounts
Currencies of Account
Minimum Average Monthly Balance and Other Bank Requirements for its Clients
Not required
Defined individually for every client
Language of Communication
Greek, English, and Russian
Plastic Cards
Visa and MasterCard
Investment Programs
The bank is ready to offer a wide range of investment programs, including investments in shares.
Brief Description of Account Opening Procedure
Filling in the forms necessary to open an account and the signing of such forms, together with all other formalities required to open an account, shall be carried out in the bank's representative office in the presence of our specialist.

The following information and documents are necessary to open an account:

- original constituent documents of the company (when opening a corporate account);

- originals and copies of documents of identification confirming the account holder's residential address;

- client's business description (in free format);

- it is obligatory to provide details of the address at which business is actually conducted.

Period of Account Opening (approximately)
2-3 weeks from the date of the bank's receipt of the stated documents and information
Fees for account opening assistancefrom €950