Payroll Account

A euro current account for the payroll/pension payment of Civil Servants, Pensioners or employees whose companies are contracted with Piraeus Bank.
Semi - annually
Tiered split balance
  • Payroll or Pension Payment
  • Privileges in banking products
  • Overdraft
  • Online Beneficiary Addition
Semi - annually
Tiered split balance
  • Payroll or Pension Payment
  • Privileges in banking products
  • Overdraft
  • Online Beneficiary Addition

How you benefit

Preferential interest rate

Payroll Account offers a preferential interest rate. There is no limit on the amount you can deposit or withdraw. You do not need to maintain a minimum balance, at any time.

Preferential rates

By receiving your salary through the Payroll Account you enjoy preferential rates for:

 1.   Banking products

    • Overdraft limits
    • Credit cards
    • Personal loans, open personal loans
    • Mortgage loans

 2.   Banking transactions

    • Free of charge standing orders (direct debits) to pay your utility bills (electricity, water supply, telephony/internet), as long as you are the main (first) beneficiary of the Piraeus Payroll Account and your salary/pension is credited in Piraeus Bank
    • Free of charge payment of your personal cheques

 3.   Online account management

You can manage the Payroll Account without visiting a branch. Through winbank web banking and the new winbank mobile app, you can:
    • Add Beneficiary
    • Close the account

See the privileges of the Payroll services in detail.

Interest Rates

Tiered interest rate

Payroll Account pays interest from the first cent that you deposit. Tiered interest rate applies.

Interest is paid semi-annually, on June 30 and December 31.

You may find the interest rates here.

Account’s Balance/Transactions Inquiry

Your account’s statement is available in digital form (e-statement) through winbank.

Additionally, you can be real-time informed about your account’s balance and the most recent transactions, 24/7:

  • by phone, through winbank Phone Banking service
  • at any Piraeus Bank ATM using your debit card
  • via winbank web banking and winbank mobile app
  • via email or SMS (with charge), with winbank alerts


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 (only deposits) – using the number of your account

Wire transfers

Within Greece and abroad

Money transfer

One-off or via standing order among your accounts or to someone else’s account


One off or via standing order:

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

Payments of Piraeus Bank credit cards and loans

Automatically via standing order.

Special banking needs

  • Cheque issuance
  • Cheque cashing
  • Issuance of cheque book
  • Overdraft option
The overdraft amount and rate is relative to your salary.


Debit card “Piraeus Visa/MasterCard Debit”

Use your debit card for all your transactions, without charge of interest:

  • Shop at any store displaying the Visa/MasterCard logo in Greece or abroad and via internet
  • Withdraw cash and make bank transactions at Piraeus Bank ATM, DIAS ATM and Visa/MasterCard ATM.
You may simply alter your debit card’s daily transaction limit at any Piraeus Bank branch or through winbank.

Piraeus Visa or MasterCard credit card

No annual fee as long as you receive your salary through Piraeus Bank.

Although it is not obligatory to set an automatic payment of your card to your account, it is highly recommended to do so.

How to open this account

If you wish to become a Piraeus Bank customer

With Piraeus Bank's new service, Digital Onboarding for Individuals, you can easily and quickly start your banking relationship from your mobile phone and get Payroll Account.

If you are already a Piraeus Bank customer

Via winbank web banking and winbank app.

Alternatively, you can visit any Piraeus Bank branch

Read the "Have you introduced yourself" brochure, to find out which identification documents you are required to submit according to the current regulatory framework.

The above features and interest rates are valid for new accounts.

You get the preferential rate and benefits of the account as long as it is credited with your salary via DIASPAY or electronic payroll system. Otherwise, you get the rates and benefits of Current Account.