Personal Banking
General Savings Account
Saving for what truly matters just got easier:
Easy access
Instant access to your money, free of charge, making it great for those short-term savings goals
Easy transfers
Transfer money between your accounts with ease, and free of charge
Earn interest
We know saving is hard, so our competitive interest rates help give you a little nudge
Total credit interest rate:
Total credit interest rate for a maximum of €50,000
0.05%
Calculated on the monthly minimum balance of the account
Frequently Asked Questions
What is a Savings Account?
A Savings Account is an essential tool in personal finance that helps you manage your finances and build your wealth over time.
What is the purpose of a Savings Account?
A Savings Account is ideal for your short-term and long-term financial goals. Whether you are saving for emergencies, planning a big purchase or developing a healthy saving habit, a Savings Account can help you achieve your goals.
How can I open a General Savings Account?
Visit one of our Banking Centres in Nicosia, Limassol or Larnaca in order to open a Savings Account.
What is the minimum initial deposit amount?
There is no minimum initial deposit amount required to open a General Savings Account at Ancoria Bank.
Is there any interest rate on my General Savings Account?
The total interest rate on a Savings Account is 0.05% for a maximum of €50.000. This interest rate is calculated on the monthly minimum balance of the account. You can find more information here.
Are there any fees on my General Savings Account?
You can find more information concerning the fees on a General Savings Account here.
Can I add a beneficiary to my General Savings Account?
Yes, you can add a beneficiary to your General Savings Account. Visit one of our Banking Centres in Nicosia, Limassol or Larnaca and our dedicated staff will help you.
How can I withdraw money from my General Savings Account?
You can withdraw money by transferring the amount to your Current Account or by visiting one of our Banking Centres in Nicosia, Limassol or Larnaca.
How can I deposit money to my General Savings Account?
You can deposit money by transferring the amount from your Current Account to your General Savings Account through myAncoria, on personal computer and mobile application, or by visiting one of our Banking Centres in Nicosia, Limassol or Larnaca.
Can I transfer money from my General Savings Account to my Current Account?
Yes, you can transfer money and schedule transfers on a specific day from your General Savings Account to your Current Account and vice versa either on your personal computer or via the mobile app, without visiting one of our Banking Centres.
Can I manage my General Savings Account from myAncoria?
Yes, you can easily manage your General Savings Account through myAncoria, either on your personal computer or via the mobile app.
Is my General Savings Account protected by 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.
Do you want to open an account?
Get started by opening a Current Account simply and securely with the award-winning myAncoria app.
Our easy sign-up process will have you up and running within minutes. All you need to do is:
- Download the app
- Have all your documents on hand
- Take a quick selfie video
And your application will be all set! Once you join Ancoria Bank, you’ll be able to choose the account that best suits you.
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
