Open a Bank Account in Greece: Personal and Corporate

If you want to open a bank account in Greece for corporate or personal matters, as a foreigner you can always rely on our team of specialists, who can act as an intermediate between you and the local commercial banks and can also provide information on the types of documents you should prepare when opening the bank account, especially when we refer to the ones for corporate clients.

Quick Facts
Types of bank accounts	Current accounts, savings accounts, investment accounts, accounts in foreign currencies.
Who can open a bank account in Greece	Residents and non-residents, persons with an age above 18 years old, who want to set up an account for personal or corporate purposes.
Bank accounts for businesses in Greece	One can open a bank account in Greece for freelancers, for small businesses, for small and medium sized companies, etc.
Corporate documents required for setting up a bank account	The company's incorporation documents, the registration certificate, the shareholder's identity documents, the company’s business address.
Possibility to open a bank account online (yes/no)	Yes
Local tax number required for foreigners (yes/no)	Yes
Basic requirements imposed to non-resident clients	A Greek tax number, proof on the residential address in Greece and identity documents.
Situations in which a foreigner may need a local bank account	To avoid paying bank fees when using their foreign bank account, for employment in Greece, for savings, etc.
Local currency	EUR
The institution that regulates the banking system	Bank of Greece (together with the ECB's Single Supervisory Mechanism)
Law regulating card transactions	Monetary Policy Council Act 50/31-7-2002
Documents required for individuals setting a bank account	The Greek tax number, identity card, passport, proof of address in Greece, proof of salary and other documents.
Opening a bank account in foreign currency (yes/no)	Yes, one can open a bank account in Greece in a foreign currency.
Institution issuing a local tax number	Greek Tax Office
Opening a bank account by appointing a representative (yes/no)	Yes, especially for company formation

What are the main services you can offer if I want to open a bank account in Greece?

Our team of consultants in company formation in Greece offers a dedicated set of services for those who want to open a bank account. In the list below, we invite you to observe our main services:

establishing a meeting with our clients in which we can discuss about the main banking needs (type of account, the purpose of the account, etc.);
depending on the case, we will present the conditions and the documentation required for the account and we will ask our clients to provide us with the respective paperwork;
we will gather the paperwork and, once we have all the documentation, we will schedule a meeting with the representatives of the bank preferred by our clients;
we will offer legal representation in all the steps required by the bank and we’ll inform the client on any update.

What do I need to do in order to benefit from your legal services?

Local and foreign clients simply have to grant us the power of attorney, which is the legal instrument that offers us the possibility of representing third parties in various legal matters.

What is the process for opening a corporate bank account in Greece in 2026?

The company’s representatives, who can also be our team of consultants, have to set up a meeting with the bank’s tellers. During this meeting, the parties will discuss on the most suitable type of account, the conditions to set it up, and the required paperwork, which will include:

the commercial bank where the bank account will be set up will require the company’s incorporation documents, but also information on the company’s current business address;
the company’s shareholders will have to provide their personal details.

Do you charge fees for legal assistance in opening a corporate bank account in Greece in 2026?

Yes, if you want to obtain legal representation in the procedure of opening a corporate bank account, please know that our specialists in company formation in Greece charge fees for this type of corporate service.

What is the cost of opening a corporate bank account?

It depends on the type of account selected, the fees charged by the bank, the type of company you incorporated (for some, a minimum share capital is required, which means that you have to deposit a certain amount in order to open the account, and the fees charged by our team, which can vary based on the company type preferred for registration).

What are the fees you charge in 2026 for opening a corporate bank account?

Our team of specialists in company formation in Greece charges a fee of EUR 1,700 for the setup of a corporate bank account required for a private company. If you want to incorporate a different company type, we invite you to address us for a personalized offer.

Can I open a bank account online?

Yes, it is possible to open a bank account online in Greece. Many banks in Greece offer this service, but there are certain conditions that you must meet and they can vary from one institution to another.

Below, you can read a short presentation on how to set up a Greek bank account online, provided that you want to initiate this procedure in 2026:

How can individuals open a bank account in Greece?

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);
proof on having sufficient funds to set up the account.

Can non-residents open a bank account in Greece?

Yes, persons who are not residents in Greece can open a bank account here, if specific procedures are respected.

We invite you to watch the video below on how to open a bank account in Greece:

What are the main conditions imposed to a non-resident opening a bank account in Greece?

A foreign person will need to apply for a local tax number, in order to be able to open a bank account in Greece. To have the right of opening a bank account in Greece, it is also required to have an age of minimum 18 years old.

If you need further advice, we invite you to contact our consultants in Greek company formation, who can represent you in this process.