Friday, 1 April 2011

Opening A Bank Account In Greece

When you move to Greece one of the first things you will need to do is open a bank account.
Why You Need A Bank Account In Greece
When you have decided to move to Greece or even if you are just buying a holiday home you will need a Greek bank account.
The regulations for banking are the same for non residents and residents alike. It may be that you want to keep your banking in the UK and perhaps operate it through an online account. This is perfectly acceptable but you still do need to have a Greek bank account to run alongside it.
One of the reasons for this is you will need one to pay the utility and tax bills, you may want to set up direct debits to do this but to be honest most people still use cash most of the time

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