Bank account fees in Greece — the free account is ending (and you can opt out)

After 2025 reforms, Greek banks are moving everyday accounts onto small monthly “benefit packages” — around €0.50–€0.80/month. Some banks auto-enrol existing customers, but they must let you opt out — and most people don’t realise it. On the upside, transfer fees are now capped at €0.50 for amounts up to €5,000.

What changed

two government interventions on bank charges (in force January and August 2025) effectively ended the era of the free current account. The systemic banks now migrate ordinary deposit accounts into low monthly packages.

The monthly fees (as of early 2026 — verify on each bank’s tariff page):

NBG — “Privileges Account” at €0.80/month (free bill payments and EU/domestic transfers each month; no minimum opening deposit); a Plus tier at €2.00.
Eurobank — an equivalent package around €0.60/month, with a free savings account remaining.
Alpha Bank — a base package at €0.80/month, auto-enrolled, with opt-out via e-banking.
Piraeus — a similar package model; confirm the current price on its tariff page.

The opt-out point most people miss

Alpha and NBG auto-enrol existing customers into the paid base package — but they are required to offer opt-out through all channels (phone, branch, digital). Reported opt-out rates are tiny, mostly because customers don’t know they can. If you don’t want the package, you can leave it — check your e-banking settings or ask at the branch.

The consumer win — capped transfer fees

from the 2025 reforms, for individuals and freelancers, both outgoing and incoming transfers are capped at €0.50 for amounts up to €5,000 each. This is a genuine reduction from the old per-transfer charges.

Other charges to expect (verify per bank)

debit-card annual fee is usually small or bundled; using another bank’s ATM can cost a few euros (see ATM fees); deposit interest is very low (don’t bank for yield). Non-resident accounts may require periodic branch re-verification.

How not to get cheated

read the tariff (Τιμολόγιο) before you sign, and actively opt out of any package you didn’t choose. Also ask about the EU basic payment account, a low-fee standard account banks must offer to eligible applicants.

opening an account · the basic payment account right · ATM fees · neobanks in Greece

This is general information, not financial advice. Fees change and vary by bank — confirm the current figures on the bank’s official tariff page. WTP Finance is informational only.

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