No Borders Remittances for Businesses

Using the No Borders remittance service your business can transfer funds to Piraeus Bank's subsidiaries in Albania, Bulgaria and the Ukraine on the same day at a low cost. Payments can be in euro, dollars or the local currency of every country. The funds are directly credited to the beneficiary’s account or are available on the same day if the recipient doesn’t have a bank account.

How you benefit

  • Special pricing is applied to your business’ remittances
  • Funds are received on the same day at the branch of the Piraeus Bank’s subsidiary in the country of destination
  • Free of charge for incoming payments credited to accounts for beneficiaries at Piraeus Bank Greece
  • Preferential pricing is applied by the other subsidiaries banks for crediting beneficiary accounts
  • The recipient does not need to have an account with a Piraeus Bank subsidiary, in case he/she is an individual

Where can you send cash

You can send No Border Remittances to countries where Piraeus Bank owns subsidiary banks:

Albania

Tirana Bank IBC

 

Bulgaria

Piraeus Bank Bulgaria AD

 

The Ukraine

OJSC Piraeus Bank ICB

 


 

How much money can you send

  • If the recipient has an account with a Piraeus Bank subsidiary, then you have no restrictions on the amount of money you send
  • If the recipient does not have an account with a Piraeus Bank subsidiary, you can send up to €10,000 or the equivalent amount in US dollars or the local currency of that country

How to send remittances

  • Via winbank
  • Via your business’ local Piraeus Bank branch

    You will be asked to fill in the remittance form with the beneficiary’s details:
          
    • Bank Account (if any)
    • Destination subsidiary bank
    • Recipient’s Name

The service is provided under the current restrictions on capital transfers