How can I get paid from abroad in Limassol?

A global payment account gives you account details in currencies such as USD, EUR or GBP, so clients and marketplaces can pay you locally in their country. You then convert to EUR and withdraw.

What does it cost to convert to EUR?

Costs are the conversion margin plus any withdrawal fee to your local bank in Cyprus. Compare both, as they vary a lot between providers.

Who regulates international bank accounts & e-wallets in Limassol?

Providers serving customers in Cyprus fall under Central Bank of Cyprus. Cyprus is an EU and euro-area member, so banks, credit institutions and payment/e-money providers are supervised by the Central Bank of Cyprus under EU rules including PSD2. Confirm the provider's licence in the Central Bank's register, or its EU passport if licensed in another member state.

Who uses global payment accounts in Limassol?

Freelancers, remote workers, online sellers and small exporters in Limassol use them to receive foreign income without opening bank accounts abroad.

Limassol Digital Bank · International Bank Accounts & e-Wallets · Cyprus

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Compare international bank accounts & e-wallets providers available to Limassol, Cyprus residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Cyprus. Confirm the terms directly with each provider before opening an account.

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Check the regulator and any provider directly to confirm availability in Cyprus before opening an account.

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Local guide

International Bank Accounts & e-Wallets in Limassol: what to know

Global payment accounts help people in Limassol, Cyprus get paid by clients, marketplaces and platforms in other countries, then convert the money into EUR (Euro). They are popular with freelancers, online sellers and remote workers in Limassol.

Currency in Cyprus: EUR · Euro
Regulator in Cyprus: Central Bank of Cyprus(opens in a new tab)
Local accounts in Cyprus: Cypriot accounts use the standard 28-character IBAN starting CY (3-digit bank code, 5-digit branch code and 16-digit account number).
Payments in Cyprus: Euro payments run over SEPA, with participating Cypriot banks reachable through SEPA Instant Credit Transfer for 24/7 instant euro payments; card payments are heavily used through the JCC domestic card-processing network.

Before you sign up in Limassol

Check which currencies you can receive, the conversion fee to EUR (Euro), and the withdrawal fee to a local account in Cyprus.

Sources: Central Bank of Cyprus: official site · Central Bank of Cyprus: payment systems

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Frequently Asked Questions

Common questions about international bank accounts & e-wallets in Limassol

Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.