“No Borders” Remittance

Money transfers to Piraeus Bank subsidiaries in Albania, Bulgaria, Cyprus, the Ukraine, Romania and Serbia 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


Cyprus

Piraeus Bank (Cyprus) Ltd


The Ukraine

OJSC Piraeus Bank ICB


Romania

Piraeus Bank Romania SA


Serbia

Piraeus Bank AD Beograd

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