Cyprus IBAN
A Cyprus IBAN is 28 characters long and Cyprus is in SEPA.
CY and two check digits open every Cyprus IBAN; its remaining 24 form the BBAN (Basic Bank Account Number).
Example Cyprus IBAN
Electronic format
CY17002001280000001200527600
Print format
CY17 0020 0128 0000 0012 0052 7600
IBAN structure for Cyprus
Major banks in Cyprus
4 banks in Cyprus that support IBAN-based international transfers:
Format reference: SWIFT IBAN Registry.
Cyprus IBAN questions
What is the IBAN format for Cyprus?
A Cypriot IBAN is exactly 28 characters long. It starts with CY, 2 check digits, a 3-digit bank code, a 5-digit branch code, and a 16-character account number. Example: CY17 0020 0128 0000 0012 0052 7600.
Is Cyprus part of SEPA?
Yes. Cyprus is a eurozone and SEPA member. Euro transfers from other EU and EEA countries can be processed via SEPA Credit Transfer or SEPA Instant Credit Transfer. Only the CY IBAN is needed for SEPA transfers — no BIC required.
What are the bank codes for Bank of Cyprus and Hellenic Bank?
Bank of Cyprus uses bank code 002, and Hellenic Bank uses 005. These 3-digit codes appear in positions 5–7 of the 28-character Cypriot IBAN. Other banks such as Eurobank Cyprus and Alpha Bank Cyprus have their own distinct codes.
How do I find my IBAN at Bank of Cyprus or Hellenic Bank?
Log in to Bank of Cyprus's 1bank internet banking or the BOC app — your CY IBAN appears on the account details page. Hellenic Bank's HB Direct portal and mobile app similarly display the 28-character IBAN. It also appears on bank statements and on the welcome letter you received when opening the account.
Do I need a SWIFT code for transfers from outside the EU to Cyprus?
For SEPA transfers from EU and EEA countries in EUR, only the CY IBAN is needed. For transfers from non-SEPA countries such as Russia or the US, the sender needs both the 28-character CY IBAN and the bank's SWIFT/BIC code, published on each bank's website; UK senders need the BIC as well.
Can I receive USD or GBP in a Cypriot bank account?
Yes. Major Cypriot banks including Bank of Cyprus and Hellenic Bank offer multi-currency accounts that can hold USD, GBP, and EUR. Each currency holding may have its own IBAN or may share the same IBAN with a currency specifier. Confirm with your bank whether you need a separate account number for foreign currency receipts.
Are there enhanced compliance checks for large transfers to Cyprus?
Yes. Cyprus's banking sector applies enhanced due diligence for certain high-value or complex international transfers, in line with EU anti-money laundering regulations and the Central Bank of Cyprus requirements. For large inbound transfers, your bank may request documentation of the transaction's purpose and origin. Planning ahead and notifying your bank before expecting a large transfer can avoid delays.
How IBAN is used in Cyprus
Cyprus uses a 28-character IBAN and is a eurozone and SEPA member. The Central Bank of Cyprus (CBC) oversees the banking system, which underwent significant restructuring following the 2012–2013 banking crisis. Today the banking sector is led by Bank of Cyprus and Hellenic Bank, with all accounts denominated in EUR and IBANs used for all domestic and international transfers.
- A Cypriot IBAN starts with CY, two check digits, a three-digit bank code, a five-digit branch code, and a 16-character account number. Bank of Cyprus accounts are identified by bank code 002, while Hellenic Bank uses 005. Your IBAN is available through online banking, mobile apps, or printed on bank statements.
- Cyprus participates in SEPA, so euro transfers from EU countries are processed quickly and at low cost. For payments arriving from outside SEPA — from Russia or Israel, for example — the sender will need your full 28-character CY IBAN and your bank's SWIFT/BIC code, and a sender in the UK, which stayed in SEPA after Brexit but is outside the EEA, needs the BIC as well. Hellenic Bank and Bank of Cyprus both publish their SWIFT codes on their websites.
- Cyprus has a significant international business community and high volume of cross-border payments. When receiving payments from non-EU jurisdictions, be aware that some Cypriot banks apply enhanced due diligence and may request documentation for large inbound transfers. Confirming compliance requirements with your bank before expecting a high-value remittance can prevent unexpected delays.
Norway
Belgium
Finland
Bulgaria
France
Sweden