Business Banking

Trade Services

When local and international business transactions are part of your everyday operations, Ancoria Bank Trade Services help you streamline the processes and boost your productivity.

What we do:


Issue Letters of Credit on your behalf to assure sellers that payments will be made by your business for goods and services purchased. Alternatively, we can advise on or confirm a Letter of Credit to your business if you are the seller


Handling of documents when the payment method for your imports or exports is Bills for Collection


Issuing or advising on a Letter of Guarantee when it is a part of your business transactions

For more information about our charges, you can view our Trade Services Charges

Get Started

Submit your details for an appointment either via video call or via phone, and we’ll be delighted to help get you started.

Make an appointment

What you need to have

Required documentation:


  • Passport or National Identity card
  • Original recent utility bill (less than 6 months old) / OR statement of EEA bank / OR local authority tax bill / OR house insurance


  • Copy of a valid ID / Passport certified as a true copy by a state authority
  • If you are temporarily residing in Cyprus and are a non-EU national, please supply a copy of your Temporary Residence Permit
Banking made simple

myAncoria is an award-winning, handy app that lets you access your accounts anytime, anywhere. Track your business expenses and transfer money between accounts in seconds. Stay on top of your financials no matter where you are. All with myAncoria. Access myAncoria from your PC, tablet, or mobile app.

If you have any questions, or simply need some help to get started

Call us on 8000 0050 or +357 22849000