“No Borders” Remittance

Money transfers to Piraeus Bank subsidiaries in Albania, Bulgaria, the Ukraine and Romania at a low cost. The beneficiary receives the money on the same day, even if they do not have a bank account.

How you benefit

  • Lower costs for both sender and the beneficiary (for free, except for Piraeus Bank Bulgaria AD)
  • Same-day value for the beneficiary
  • The beneficiary does not need to have an account with a Piraeus Bank subsidiary

Where you can send a “No Borders” Remittance

The “No Borders” Remittance applies to countries where Piraeus Bank owns subsidiary banks:

Albania

Tirana Bank IBC


Bulgaria

Piraeus Bank Bulgaria AD


The Ukraine

OJSC Piraeus Bank ICB


Romania

Piraeus Bank Romania SA

How much money you can send with a “No Borders” Remittance

  • If the beneficiary holds an account with a Piraeus Bank subsidiary, there is no restrictions on the amount of money you send
  • If the beneficiary does not have an account, you may remit up to €10,000 or equivalent in US dollars or equivalent in each country’s local currency
     Same-day value for the beneficiary.

How to send a “No Borders” Remittance

Fill in the remittance form at a Piraeus' Bank branch. The employee will ask you for the beneficiary’s details:

  • Bank Account (if any)
  • Destination subsidiary bank
  • Beneficiary's Name

The service is provided under the current restrictions on capital transfers