So where to start as have had poor experiences with dealings in Cyprus for a decade or more. It is hard to believe this country is in the EU and it shows that the EU lacks moral leadership when it comes to tackling inefficiency and corruption in the weaker EU countries.
FBME bank is one of the latest scandals to hit Cyprus after the many property developers cheated clients with off - plan developments which were never built.
FBME has caused many small business's to go bankrupt and the Central Bank of Cyprus took over FBME a few years back.
To say the Central Bank of Cyprus are useless, lazy, corrupt and inefficient is an understatement. They have totally failed genuine customers and not returned their monies despite promising the opposite.
On top of the that the people in the Central Bank of Cyprus are uncaring and have no interest in helping clients get back what is legally their money.
If you are ever considering setting up a business, bank account, retiring or doing pretty much anything in Cyprus DON'T unless you have a lot of money to lose.