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Writer's pictureSupporting Team (Rumble)

Getting trouble of receiving monies from Russia?

Have you ever thought of setting a company and bank account in #Cyprus?


Historical and cultural bonds have linked Cyprus and Russia for centuries. With the establishment of the Republic of Cyprus in 1960 there followed immediately the conclusion of diplomatic relations with the then USSR (18th August 1960). With Cyprus’ entry into the European Union on May 1st 2004, another dimension was added to Cyprus-Russia relations since the EU is a strategic partner of #Russia. The trade and economic ties between Cyprus and Russia are on a satisfactory level. A large number of Russian entrepreneurs use Cyprus as their base for their business and investment activities.


On the other hands, Cyprus and Russia are members of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures (#MONEYVAL), permanent monitoring mechanism of the Council of Europe, where #Poland, #Romania and #Ukraine are also the members. Hence, the banks of these countries are welcome and facilitate in providing banking services.


If you are aiming to expand business globally, getting a bank account there could be great help and you will no longer be afraid of getting account frozen after receiving funds.


If needed, sent us email at info@rbcs.com.hk


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