Margin Accounts
CISCO, in cooperation with the Bank of Cyprus, offers a Margin Account facility to selected clients.
A Margin Account is an overdraft account used exclusively for the trading of securities. The limit of the overdraft provided by the Bank usually ranges between € 40,000 and € 85,000 depending on the applicant's request and his financial situation.
The Margin Account is an interest-bearing account and interest is debited or credited in line with the prevailing pricing policy of the Bank.
Margin Account clients receive a portfolio valuation report, a bank statement and a cash-flow statement on a monthly basis.
If you require more information you may contact any of our brokers. Applications are available at all CISCO offices and at all Bank of Cyprus branches.
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