Cash Manager Deposit Program

Combination of a euro current account and a short-term time deposit. You choose the amount you wish to be available in the Cash Manager current account and the remaining amount is automatically transferred to a one-week time deposit with a fixed interest rate.
on the time deposit

on the current account
  • Yield and liquidity
  • Easy access to your money
  • Everyday transactions free of charge

How you benefit

Interest rates, while having available the amount of money you need every week

The deposit program Cash Manager offers you the benefits of a current account (e.g. instant access to your money) and a time deposit, at the same time.

When you open the Cash Manager current account, you specify the amount of money you wish to have available for your everyday transactions. Once the balance of the current account is over this amount, the excess funds will be deposited on the Cash Manager one-week time deposit.

The time deposit requires a minimum amount of €3.000 and is automatically renewed every week.


You have the option to:

  • Change the amount you want available in the Cash Manager current account
  • Disable the automatic process of the time deposit opening (i.e maintain all your money in your current account)

Interest Rates

Time deposit

You may find the interest rates here.

Interest, is paid weekly when the time deposit matures.

Current account

There is no limit on the amount you can deposit or withdraw and there is no need to maintain a minimum balance at any time. Interest is paid semi-annually, on June 30 and December 31.

You may find the interest rates here.

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.


Everyday Transactions

Cash deposits and withdrawals

All channels at your disposal:

  • At Piraeus Bank branches
  • At ATMs – using your Visa/MasterCard Debit card
  • At easypay kiosks (deposits only accepted) – using the number of your account

Money Transfers

Fast procedure, at preferential rates:

  • Within Greece
  • Abroad

Money transfers within Piraeus Bank

One-off or via standing order:

  • Among your accounts
  • To someone else’s account


One off or via standing order:

  • Electricity
  • Water
  • Telephony/Internet
  • TV services etc

Payment of your Piraeus Bank credit cards and loans

Automatically via standing order.

Other banking needs

  • Cheque book
  • Overdraft 
When an overdraft limit is approved, you get a range of transactions free of charge for all your Piraeus Bank accounts.