No Borders remittances for Businesses

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

How you benefit

  • Low cost for sending No Borders remittances

  • Funds are received on the same day at the branch of 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

  • If the recipient is an individual, he/she does not need to hold an account with a Piraeus Bank’s subsidiary

Where cash can be sent

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

Albania

Tirana Bank IBC


Bulgaria

Piraeus Bank Bulgaria AD


Ukraine

OJSC Piraeus Bank ICB



How much money can be sent

  • 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 doesn’t have an account with a Piraeus Bank subsidiary but he is an individual, you can send up to €10,000 or the equivalent amount in 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 or business name



The service is provided under the current restrictions on capital transfers