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Personal Banking

FeeFree Salary Current Account

The Fee Free Salary Current Account is designed for your everyday banking needs. Receive your salary, pay your bills and make purchases instantly, all with zero account maintenance fees and a free debit card. Plus, enjoy unlimited free SEPA and SEPA Instant transfers directly through myAncoria, as well as interest on your account balance from the very first euro deposited.

The best our φeefrεε Salary Current Accounts have to offer:

Deposit your salary and benefit

Deposit your salary directly into your φeefrεε Salary Current Account, and enjoy:

  • Zero account maintenance fees.
  • Free myPersonal Visa Debit Card with no annual membership fee.
  • Free SEPA and SEPA Instant transfers through myAncoria.
  • Interest on your account balance from the very first euro deposited, credited to your account at the end of each year.

Terms & Conditions Apply

Easily manage your banking needs

You can use any ATM in Cyprus up to ten times per month, free of charge, to access your cash. Set up standing orders and direct debits, and receive SMS notifications for debit card transactions and transfers

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Frequently Asked Questions

What is a φeefrεε; Salary Current Account?

A φeefrεε Salary Current Account is a type of bank account used for everyday banking with additional benefits such as zero maintenance fees, zero annual debit card membership fees and free SEPA and SEPA Instant payments through myAncoria.

How can I open a φeefrεε Salary Current Account with Ancoria Bank?

You can open a φeefrεε Salary Current Account through Ancoria Bank’s official app, myAncoria, or by visiting one of our Banking Centres in Nicosia, Limassol or Larnaca.

If you already have a Current Account with Ancoria Bank and would like to convert it into a φeefrεε Salary Current Account, send us a direct message through myAncoria or contact our Customer Service team.

What documents do I need to open a φeefrεε Salary Current Account?

You’ll need a valid Cyprus ID card or passport and a recent utility bill with your address. You will have up to two months to receive your salary in the account before it is converted to a Current Account.

Can I request an overdraft on my φeefrεε Salary Current Account?

Yes, you can request an overdraft on your φeefrεε Salary Current Account. In order to do so, you have to visit one of our Banking Centres in Nicosia, Limassol or Larnaca.

How can I withdraw money from my φeefrεε Salary Current Account?

You can use your Debit Card at any ATM in Cyprus up to ten (10) times per month, free of charge, to access your cash.

Are there any fees for opening a φeefrεε Salary Current Account at Ancoria Bank?

There are no fees for opening a φeefrεε Salary Current account.

Are there any maintenance fees on my φeefrεε Salary Current Account?

There are no account maintenance fees as long as your salary is deposited directly into your φeefrεε Salary Current Account.

Can I add a beneficiary to my existing φeefrεε Salary Current Account?

If you wish to add a beneficiary to your existing φeefrεε Salary Current Account, you can do so by visiting one of our Banking Centres in Nicosia, Limassol or Larnaca.

What is the Deposit Guarantee Scheme?

Deposits at Ancoria Bank are protected by the Deposit Guarantee and Resolution of Credit and Other Institutions Scheme. More information here.

Disclaimer: Ancoria Bank Ltd may at its choice, reject an application/business relationship for legal, regulatory or other reasons and withdraw or amend any plan, at any time.

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Banking made simple

myAncoria is an award-winning, handy app that lets you access your accounts anytime, anywhere. Track your 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

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