Ancoria products, services and reviews

About Ancoria

Ancoria Bank is a Cyprus-based credit institution supervised by the Central Bank of Cyprus and covered by the national Deposit Guarantee Scheme, which protects eligible deposits up to €100,000 per depositor. The bank operates with a digital-first model supported by a small physical footprint and offers personal and business accounts with Cyprus IBANs, SEPA payments, international transfers via SWIFT, local debit cards with contactless capability, and online and mobile banking with strong customer authentication under PSD2. Retail products typically include current accounts, savings and notice accounts, and fixed-term deposits, alongside consumer lending and mortgages, while business clients have access to operating accounts, payments, term deposits, and financing solutions subject to credit assessment. Account opening involves standard due‑diligence under EU AML rules, including identity, proof of address, tax details, and source‑of‑funds checks; eligibility and documentation requirements vary by customer profile and residency. Fees apply for international transfers, foreign currency exchange, some card operations, and certain account services, with published tariffs and interest rate schedules available from the bank; fixed deposits generally carry early‑break penalties. Payment cut‑off times, transfer delivery windows, and ATM usage conditions depend on network and destination, and card and mobile wallet compatibility can differ by device and region. Customer support is available through remote channels during business hours. The bank does not position itself as a full-service investment platform, and service availability can be constrained by regulatory, sanctions, and risk policies.