"FX CONVERT" Sight Account

IDEAL FOR
  • Small businesses
  • Freelance professionals
MINIMUM DEPOSIT
AMOUNT
0€
CURRENCY
€
INTEREST RATE
tiered

OTHER FEATURES
  • Cheque book
IDEAL FOR
  • Small businesses
  • Freelance professionals
MINIMUM DEPOSIT
AMOUNT
0€
CURRENCY
€
INTEREST RATE
tiered

OTHER FEATURES
  • Cheque book

Who is eligible to open the account

"FX CONVERT" is a sight account exclusively offered to small businesses and freelance professionals that are established in Greece and have a total annual turnover up to €2,5 million.

Interest Rates

"FX CONVERT" Sight Account offers:
  • a basic interest rate
    • or

  • an increased tiered rate, if the following condition is met

If in any calendar semester the total value of the transactions embedding currency is over €15,000, then the account will bear the increased interest rate for the following calendar semester.

The transactions that are taken into account in the above mentioned condition are:
    • Incoming wire transfer in foreign currency with direct conversion into Euro (for example incoming transfer in US Dollars), or/and

    • Foreign banknotes deposit to the account with direct conversion into Euro or/and

    • Money transfer from a foreign currency account with direct conversion in Euros.

You may find the interest rates here.

Interest is paid semi-annually, on 30 June and 31 December.

Interest rates are gross, annualized and may change according to the Piraeus Bank pricing policy. Tax rate of 15% applies. Tax is deducted and paid over to the Greek State.

How you benefit

Increased Interest Rate

"FX CONVERT" Sight Account rewards you with increased interest rate as long as you deposit your inflows in foreign currency.


Fast account-opening procedure

No minimum deposit amount or an approval procedure is required to open "FX CONVERT" Sight Account.


Ideal for everyday banking (payments & collections)

"FX CONVERT" makes it easier for you to cover your everyday as well as urgent banking needs. You can activate standing orders to automate your regular transactions and better manage your business activity. There is no restriction on the banking transactions.

Transactions

Claim collection

Multi channel fast procedure:

  • At Piraeus Bank branches
  • Online via winbank web banking και www.easypay.gr
  • Over the phone via winbank phone banking


Cash deposits and withdrawals

All channels at your disposal:

  • At Piraeus Bank branches
  • At ΑΤΜs – using your Visa Debit card
  • At easypay kiosks (only deposits) – using your account number


Wire transfers

Within Greece and abroad


Cheque Book

Option to issue a cheque book


Money transfer

One-off or via standing order among your accounts or to someone else’s account


Payments

One-off payments or via standing order, for:

  • Utilities (electricity, water, telephone, etc)
  • Mobile phone
  • Pay TV services etc.


Payment of Piraeus Bank credit cards

Automatically via standing order, at no cost.