Under the assumption that some part of the observed highest energy cosmic rays consists of protons originating from cosmological distances, we derive bounds on the associated flux of neutrinos generated by inelastic processes with the cosmic microwave background photons. We exploit two methods.First, a power-like injection spectrum is assumed. Then, a model-independent technique, based on the inversionof the observed proton flux, is presented.The inferred lower bound is quite robust. As expected, the upper bound dependson the unknown composition of the highest energy cosmic rays.Our results represent benchmarks for all ultra high energy neutrino telescopes.