Cyprus
activeNeobankBroker
- HQ
- Sliema / Brussels
- Fee
- Savings / investment packaging — confirm live
Ancoria Bank
CBC-authorised Cypriot credit institution. Digital-first challenger. SEPA Instant. Not an EMI.
Legal entity: Ancoria Bank Limited
Rate this app
7.1Solid
AlternativesFive questions
At a glance
Is it a bank?
Yes — Local authorised credit institution — Ancoria Bank Limited (Central Bank of Cyprus / ECB). Still read the entity on the statement.
If it fails?
Ancoria Bank Limited is on the Central Bank of Cyprus register of local authorised credit institutions. Eligible deposits at a Cypriot credit institution follow the EU deposit guarantee scheme — €100,000 is the standard DGS figure; confirm membership and the live cap on the CBC / DGS pages. This is not an EMI IBAN that happens to look Cypriot.
Salary?
A Cypriot credit-institution IBAN can take a SEPA salary. Confirm Ancoria will onboard you.
Open from abroad?
Bank KYC. An App Store listing is not proof a non-resident can onboard.
Monthly fee
Confirm live on General Terms & Rates
Account number
Cyprus
NeoBankDBVerdict
Licence first · score second
7.1
/10 · Solid
Ancoria Bank Limited is a local authorised credit institution on the Central Bank of Cyprus register — first name on that list when we read it. The homepage sells a digital-first challenger with city banking centres, SEPA Instant, Verification of Payee, and a recycled-plastic Visa debit for Apple Pay and Google Pay. Moneybase in Malta is an MFSA financial institution, not a credit institution. MeDirect is the Maltese bank. Bank of Cyprus is the incumbent. Eligible deposits at a CBC credit institution follow the EU DGS; confirm membership and the live €100,000-class cap on the CBC/DGS pages. This file does not upgrade a pretty app to a bank. Ancoria already is one.
What it is
Swedish-Cypriot challenger roots, CBC licence. Directories under-index Cyprus because the island is small. The register is not.
Best for: Cyprus residents (and eligible non-residents the bank will actually onboard) who want a CBC bank, not a Maltese EMI.
Last checked 2026-09-03. Not advice.
What it does well
- +On the CBC credit-institution register
- +SEPA Instant named
- +Visa debit + Apple Pay + Google Pay
- +Not Moneybase’s FI class
What to watch
- −Smaller book than Bank of Cyprus / Hellenic
- −Onboarding is still a bank KYC, not an App Store miracle
- −DGS cap must be confirmed live
- −City centres exist — not a pure app-only charter
Legal entity, not the app icon
Who is behind it
- Legal name
- Ancoria Bank Limited
The product, not the brand colour
The account
- Platforms
- iOS · Android · Web · city banking centres
- Account types
- Personal · Business
- Partner bank
- Ancoria Bank Limited
- Availability
- Cyprus (KYC gated)
- IBAN country
- Cyprus
- Remote open
- Bank KYC. An App Store listing is not proof a non-resident can onboard.
- Onboarding
- Sign up on ancoriabank.com / the app. Identity as the bank asks.
- Salary / payroll
- A Cypriot credit-institution IBAN can take a SEPA salary. Confirm Ancoria will onboard you.
- Local rails
- SEPA Instant + SEPA credit transfers
How money actually moves
- Who holds the cash
- Bank balance
- How money moves
- IBAN / SEPA
- Built for
- Personal · Business
- Settlement
- Local rails instant where live; SWIFT slower
- Freeze risk
- Bank-grade; still not freeze-proof
- Card
- visa · physical · virtual · Apple Pay · Google Pay
Licence first
Safety
Ancoria Bank Limited is on the Central Bank of Cyprus register of local authorised credit institutions. Eligible deposits at a Cypriot credit institution follow the EU deposit guarantee scheme — €100,000 is the standard DGS figure; confirm membership and the live cap on the CBC / DGS pages. This is not an EMI IBAN that happens to look Cypriot.
Holder / issuer: Ancoria Bank Limited
- Central Bank of Cyprus / ECBLocal authorised credit institution — Ancoria Bank Limited · Cyprus
Fees
- Monthly
- Confirm live on General Terms & Rates
- FX markup
- Bank FX
- ATM
- Confirm live
Features
- ✓IBAN
- –Fee-free core
- –Multi-currency
- ✓Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- ✓Business
- –Kids
- –Halal
- CBC credit institution
- SEPA Instant 24/7
- Visa debit (recycled plastic, vertical design on their copy)
- Apple Pay / Google Pay
- Housing and business loans
- City banking centres plus digital
Before you tap Sign up
How to open
Step 1
Name the register
Ancoria Bank Limited. CBC local authorised credit institution. Not an EMI.
Step 2
Pass bank KYC
Sign up on ancoriabank.com. Documents as asked. City centre if the app stalls.
Step 3
SEPA Instant is the rail
Euro, 24/7, inside SEPA. DGS is the safety line — confirm live.
Official help: www.ancoriabank.com/
Operator documents
Their own papers
These are the operator’s documents. They outrank this review if they disagree.
Score
- Safety25%
- 8.2
- Fees20%
- 6.8
- Features15%
- 7.4
- App15%
- 7.4
- Global15%
- 5.0
- Support10%
- 7.2
Change log
Full logLicence
Ancoria Bank Limited remains on the CBC credit-institution register
Local authorised credit institution. SEPA Instant. Visa debit. Not an EMI IBAN.
Available in
Straight answers
FAQ
01Is Ancoria Bank a bank?
Ancoria Bank holds a banking-style licence (Central Bank of Cyprus / ECB). Still read the legal entity on the statement, not the app icon.
02How is money protected?
Ancoria Bank Limited is on the Central Bank of Cyprus register of local authorised credit institutions. Eligible deposits at a Cypriot credit institution follow the EU deposit guarantee scheme — €100,000 is the standard DGS figure; confirm membership and the live cap on the CBC / DGS pages. This is not an EMI IBAN that happens to look Cypriot.
03Where is Ancoria Bank available?
We list 1 market on NeoBankDB. Residency and onboarding rules still sit with Ancoria Bank.
04Card and wallets?
visa · physical · virtual · Apple Pay · Google Pay
05Can I open Ancoria Bank remotely?
Bank KYC. An App Store listing is not proof a non-resident can onboard.
06Where is the Ancoria Bank IBAN issued?
Cyprus. The issuing country of the number is not the brand HQ.
07What is the legal name behind Ancoria Bank?
Ancoria Bank Limited. Read the entity on the statement, not the app icon.
08Can I receive salary on Ancoria Bank?
A Cypriot credit-institution IBAN can take a SEPA salary. Confirm Ancoria will onboard you.
09Is Ancoria a neobank or a bank?
It is a CBC-authorised credit institution that happens to be digital-first. The licence class is bank. The app is the skin.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
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