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Cyprus digital banks

Cyprus has a short CBC register of local authorised credit institutions. Ancoria Bank Limited is on it — digital-first, SEPA Instant, Visa debit, city centres. Bank of Cyprus and Hellenic are the incumbents. A Maltese EMI IBAN is not this market. If the copy says ‘Cyprus IBAN’ without naming a CBC credit institution, treat it as marketing.

1Live on NeoBankDB

Regulator

Central Bank of Cyprus (CBC) / ECB

Deposit scheme

EU deposit guarantee scheme on eligible deposits at authorised credit institutions — €100,000 is the standard figure; confirm membership and the live cap on the CBC / DGS pages. A payment-institution IBAN that looks Cypriot is not DGS.

In this market

Licence still sits on the product
ProductScoreHQMonthlyFXUsersLicence
Ancoria Bank7.1Nicosia, CyprusConfirm live on General Terms & RatesBank FXCyprus challenger bankLocal authorised credit institution — Ancoria Bank Limited

Questions

01

Is Ancoria a neobank or a bank?

Ancoria Bank Limited is a CBC-authorised credit institution. Digital-first is the skin. The licence class is bank. Eligible deposits follow the EU DGS — confirm live.

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Cross-check the scoring weights and the graveyard before you treat a leftover landing page as live.