Greece · Business Banking
Opening business and personal bank accounts, remote options, required documents, and fees.
AI-drafted, editorially reviewed. Confirm specifics with the official authority.
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 (EUR 100,000 per depositor per bank, the EU-harmonised level).
- Opening a business account generally requires the AFM, registry details and owner ID.
- Greece uses the euro and is part of the SEPA area.
- Bank of Greece
Central bank and banking supervisor.
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.
Government portals
- Ministry of Migration and Asylum — Residence permits for non-EU nationals, including the Golden Visa and digital-nomad routes.
- Ministry of National Economy and Finance — Tax policy, the AFM tax number, and the budget framework.
- GEMI Business Portal — The General Commercial Registry — company formation and public company records.
- e-EFKA — Social Security — Social-security registration, contributions for employees and the self-employed, and pensions.