How to Open a Bank Account in Greece as a Foreigner

Opening a bank account in Greece is often required before you can:

🏠 Purchase property
🪪 Apply for residency (e.g., Golden Visa or FIP)
💶 Transfer investment funds
💳 Pay utilities or receive rental income

Whether you’re an EU or non-EU national, the process is possible — but it involves strict documentation and due diligence checks.


📋 Why You Might Need a Greek Bank Account

  • 💰 Deposit funds for a property purchase

  • 🛂 Satisfy financial requirements for a residence permit

  • 🔁 Handle local payments (e.g., utilities, insurance, taxes)

  • 🧾 Comply with capital controls or remittance rules

  • 🏦 Receive income from Greek rental properties or business


🗂 Required Documents (for Non-Residents)

To open a personal bank account in Greece, you typically need:

📄 Valid passport or national ID (EU)
🧾 Greek Tax Number (AFM)
📬 Proof of foreign residence (e.g., utility bill or rental contract)
💼 Proof of income or employment
📁 Tax returns or bank statements (from home country)
📝 Signed application and declarations

📌 Some banks also request a Greek phone number and face-to-face verification.


⚠️ KYC and Bank Interviews

Greek banks follow strict Know Your Customer (KYC) rules, especially for non-EU clients. You may be asked:

  • About your source of income

  • Purpose of the account

  • Expected transaction activity

  • Proof of tax compliance in your home country

📞 Interviews are usually held in Greek or English.


🏛 Which Banks Accept Foreigners?

Most major banks in Greece accept non-resident account holders:

  • National Bank of Greece (NBG)

  • Alpha Bank

  • Eurobank

  • Piraeus Bank

However, each has its own policies — and many branches will refuse service without a lawyer or representative assisting.


🌍 Can You Open an Account Remotely?

❗ In most cases, no — personal presence or a Power of Attorney (POA) is required.

Borderless Lawyers can open a bank account on your behalf without you being in Greece, by acting under notarized POA.


🧭 Step-by-Step: How We Help

  1. 📑 We draft and legalize your Power of Attorney

  2. 🏛 We liaise with the bank and prepare required forms

  3. 🔍 We submit KYC documents and clarify your investment/residency purpose

  4. 📬 We notify you when your account is open and deliver your IBAN details

  5. 💳 We assist with online banking access and ATM card setup


⏱ How Long Does It Take?

  • 🔁 In-person: 2–5 business days

  • ✉️ With POA: 5–10 business days, depending on the bank


⚖️ Why Work with Borderless Lawyers?

✅ We speak directly with bank compliance teams
✅ We reduce delays caused by missing documents
✅ We act as your legal representative with Greek authorities
✅ We ensure full compliance with Greek and EU financial law


📞 Need a Bank Account in Greece?

Don’t let paperwork or local policies delay your investment or residency process.

💬 Contact Borderless Lawyers and let us open your Greek bank account securely — with or without your presence in Greece.

✉️ A secure account is your first financial step toward life in Greece.

error: Content is protected !!