All Topics

Cyprus is set to revolutionize money transfers through a new instant payments initiative that will allow customers to send funds using only mobile phone numbers, eliminating the need for IBAN details in everyday transactions. The system, a collaboration between JCC payment, the Association of Cyprus banks, and Greek company Interbank Systems (DIAS), aims to launch in 2027 but faces important questions around transaction limits, security measures, and fraud prevention.

The case concerned the provident fund for employees of Cyprus Popular Bank Public Co Ltd and its subsidiaries. Harutune L. Arakelian retired on 31 December 2008 after 42 years of service and claimed compensation for losses arising from the Fund’s management. Following his death, Andriani Arakelian continued the proceedings as administratrix of his estate.

Το Τμήμα Φορολογίας ενημερώνει ότι, από τις 5 Οκτωβρίου 2026, τα αιτήματα για καταχώριση ή τροποποίηση του αριθμού τραπεζικού λογαριασμού (IBAN), θα υποβάλλονται αποκλειστικά μέσω της Πύλης Φορολογουμένων Tax For