How to open a bank account in Greece | CityValue Real Estate (2024)

FAQs

How to open a bank account in Greece | CityValue Real Estate? ›

Most of the Greek banks will require the same documents, which refer to the following: the applicant's passport or other identity documents, a proof of address in Greece (various documents can be used in this sense, including the utility bills), as well as the proof on having sufficient funds to set up the account.

Most of the Greek banks will require the same documents, which refer to the following: the applicant's passport or other identity documents, a proof of address in Greece (various documents can be used in this sense, including the utility bills), as well as the proof on having sufficient funds to set up the account.

Yes, it is possible to open a bank account in Greece as a non-resident. The banks would require from you the AFM, Arithmo Forologiko Mitro, a 9 digit tax number, which you can easily obtain at your tax office in your Greek neighborhood.

No. You do not need a Greek bank account to buy a home in Greece. You can make all necessary payments relevant to the purchase or sale of a home from a bank account in your home country.

When opening a savings account, customers are required to submit their KYC documents - address and identity proof - for verification.

Major Greek banks like Alpha Bank, Piraeus Bank, National Bank of Greece, Eurobank Ergasias, and Attica Bank are all trustworthy options that offer a wide range of services to foreigners and expats.

The Greek BBAN contains: the bank code number (3 digits) the bank's branch code number (4 digits) the customer's account number (16 digits)

Includes a list of U.S. banks operating in the market; indicates whether Ex-Im Bank offers any country-specific programs. Bank of America operates in Greece, providing services only to companies.

Yes, but the fixed interest rate period must precede the floating rate period of your loan: If you are a Greek or Cypriot citizen, the fixed interest rate may apply for 3, 5, 7, 10, 15, 20, 25 or 30 years. If you are not a Greek or Cypriot citizen, the fixed interest rate may apply for 3, 5, 7, 10 or 15 years.

How much is a downpayment on a house in Greece? ›

Make a 10% down payment, sign a preliminary purchase contract and have it certified by a notary, who will charge a fee of 1.2% of the transaction value. You will also have to pay a registration fee of approximately 0.5–0.75% of the transaction value.

You've got a few key options if you need to send money to Greece: Bank transfer to Greece - most banks will let you send money internationally online, by visiting a branch or by phone.

Low Prices and High Returns

One of the main advantages of buying property in Greece is that the prices are still very low compared to other European countries, especially in the coastal areas and the islands. According to the Bank of Greece, the average price per sq. m. in Athens was €2,876 per sq.

What do I need to open a bank account? Here's what you'll need to open a bank account online or in person: a government-issued ID, personal details such as your Social Security number, and a way to fund your new account with an initial deposit.

Can I open a bank account without a SSN? Yes, it's possible to open a bank account as an undocumented immigrant or without having a Social Security number. You'll need to provide other forms of proof of ID, such as a passport, driver's license, consular ID or birth certificate.