What is a corporate account, and how does it contribute to the financial management of businesses in Cyprus?

A corporate account is a specialized bank account for businesses and corporations, enabling them to handle finances, receive payments, and make transactions in a streamlined manner. This separates business and personal finances while providing customized banking services. Cyprus offers a favorable and secure environment for international business, with a well-regulated banking sector that appeals to investors seeking opportunities for offshore banking, investments, and financial services.