Cyprus Bank Account incorporation services for Adult, iGaming & Casino Sectors
The “High-Risk” landscape in Cyprus has changed. Following the December 22, 2025 AML updates, traditional banks have virtually ceased onboarding for Adult and Casino sectors.
However, by leveraging Specialist EMIs (Electronic Money Institutions) and proving Genuine Economic Substance, these businesses can still secure robust EU banking.
In the eyes of a standard compliance officer, Adult and Casino sectors represent “reputational risk” and “high chargeback potential.”
This leads to:
| Feature | Traditional Cyprus Banks | Specialist High-Risk EMIs |
| Acceptance Rate | < 5% (De-risked) | 85%+ (With proper substance) |
| Adult/iGaming Friendly | No | Yes (Specific Licenses Required) |
| Settlement Speed | Slow / Manual Review | Fast / Automated SEPA |
| Card Processing | Rarely Offered | Integrated Merchant Solutions |
Banks and EMIs will only onboard high-risk clients who demonstrate a real footprint in Cyprus. To pass 2026 compliance, your structure must include:
Stop wasting time on banks that don’t want you.
We don’t just “submit a form”, we pitch your business to the bank’s compliance officer before the application even begins. This reduces the risk of a “Silent Rejection” and ensures your file stays at the top of the pile.
Result: you get speed, fewer mistakes, and a cleaner compliance trail from day one.
Yes. While Tier-1 local banks are difficult for this sector, several Cyprus-regulated EMIs and international niche banks specifically cater to the adult industry. The key is providing a transparent business plan and showing a clean processing history (or a solid projection for startups).
Yes. No reputable bank or EMI will open a “Casino” account without a valid gambling license (Cyprus, Malta, Curacao, etc.). If you are in the process of applying, we can often secure a “conditional approval” to speed up your launch.
Banks charge more for Adult and Casino sectors because of the “Enhanced Due Diligence” (EDD) required. They must perform ongoing monitoring of your transactions to comply with AML/KYC laws, which increases their operational costs.
Expect slightly higher monthly maintenance and transaction fees.
Stability in high-risk banking comes from transparency. We help you set up a reporting structure that keeps the bank happy, ensuring your chargeback ratios stay low and your source of funds is always documented.
Most banks reject these sectors due to “Reputational Risk” and the high cost of AML monitoring. We bypass this by connecting you with specialist institutions that have built-in monitoring tools specifically for high-risk industries.
