Apply for National Solidarity Fund Replenishment until May 25th

Online applications for the Replenishment Scheme of the National Solidarity Fund will reopen on Tuesday and will remain open until May 25th, according to the Ministry of Finance.

The electronic service for submitting the electronic applications will open on Tuesday 14 May 2024 at 10:30a.m. and the opportunity for the submission of electronic applications is available to natural and legal persons who had the characteristics of a "retail client", and whose deposits and securities were impaired in 2013, due to the implementation of resolution measures in the two systemic Banks (Bank of Cyprus and Popular Bank).

According to the Ministry, the access to the electronic service for the submission of an electronic application for the «Participation in the Replenishment Scheme of the National Solidarity Fund», is done through Cy Login Profile. Natural Persons with a Cyprus identity card or residence permit in Cyprus (ARC) as well as Legal Entities with a registration number in Cyprus need a Registration and authentication on the Government Portal CY Login (former Ariadne).

Registration on the Government Portal CY Login is also required for natural persons who do not have a Cyprus identity card and are not residents of Cyprus as well as legal entities that do not have a registration number in Cyprus. However, the authentication of their profile will be made through the listing and uploading additional details and documents in several fields of the service.

The Ministry of Finance highlights that the «Participation in the Replenishment Scheme of the National Solidarity Fund» is only possible through the submission of an electronic application and invites the affected persons to submit their online applications no later than May 25, 2024, since after that date it will not be possible to submit such online applications.