🇬🇷 Greece · Business Banking

Opening business and personal bank accounts, remote options, required documents, and fees.

Quick answer

Greek banking is EU-integrated and increasingly digital. Opening an account usually needs an AFM (tax number), ID and proof of address; the Bank of Greece supervises banks within the ECB framework.

Banks are supervised by the Bank of Greece within the EU's Single Supervisory Mechanism; deposits are protected by the Hellenic Deposit and Investment Guarantee Fund. A company needs its tax and registry details to open an account.

  • Deposits are protected by the Hellenic Deposit and Investment Guarantee Fund up to the standard EU limit.
  • Opening a business account generally requires the AFM, registry details and owner ID.
  • Greece uses the euro and is part of the SEPA area.

Official authorities

Frequently asked questions

Do I need an AFM to open a Greek account?

Practically yes — a Greek tax number (AFM) is needed for banking and most contracts.

Can non-residents open an account?

Some banks offer non-resident accounts with additional documentation, useful for property buyers.

Are deposits protected?

Yes — eligible deposits are protected up to the EU limit under the deposit-guarantee scheme.

Official-information aggregation, not legal advice. Always verify on the authority's own site.

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