Free business accounts in Greece: what no monthly fee really means

Snapshot

A free business account in Greece usually means no monthly fee, not no cost. N26 Business Standard is advertised at no monthly fee for self employed people, and Wise Business has no monthly fee though it charges a one off registration fee. Both still price transfers, cards, cash and currency conversion separately, so compare the items you use, as of 20 November 2025.

No monthly fee options: N26 Business Standard for self employed people, and Wise Business with a one off registration fee, as of 20 November 2025.
What is still charged: Transfers beyond an allowance, extra cards, ATM withdrawals above a limit, cash handling and currency conversion.
Sole traders: Yes with providers that accept self employed people. Revolut Business onboards registered companies only.
Traditional banks: Usually a monthly or quarterly maintenance fee, so a fully free account is unusual.

Fees and features as of 20 November 2025Last reviewed 20 November 2025

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

In Greece, free usually describes the monthly fee rather than the whole cost of running the account. N26 Business Standard is advertised at no monthly fee for self employed people, and Wise Business has no monthly fee but charges a one off registration fee to set up the account. Both still charge for things like transfers beyond an allowance, extra cards, cash handling and currency conversion. Revolut Business offers a free plan but onboards registered companies only. Traditional Greek banks generally charge a maintenance fee. Figures are shown as of 20 November 2025, so confirm the current schedule with the provider.

What free means for a Greek business account

No monthly fee is the most common meaning of free, and it is a real saving for low volume businesses. But the running cost of an account is the monthly fee plus everything charged per use. Two accounts with the same zero monthly fee can cost very different amounts once you add transfers, card use, ATM withdrawals, cash handling and any foreign currency conversion. The fair way to judge a free account is to total the charges for the activity you expect in a typical month.

Accounts with no monthly fee

N26 Business Standard is advertised at no monthly fee and is built for self employed people trading under their own name, with paid tiers from EUR 4.90 a month if you want extra perks. Wise Business has no monthly fee but charges a one off registration fee to open the account, then prices transfers and currency conversion per use. Revolut Business has a free plan as well, though it onboards registered companies only, so a sole trader would need to incorporate first. All figures are as of 20 November 2025, so verify the current plan details with the provider.

What a free account still charges for

Even with no monthly fee, expect possible charges for euro transfers beyond a monthly allowance, additional cards, ATM withdrawals above a limit, cash handling and currency conversion on foreign payments. As an example, the Wise Business card gives two free ATM withdrawals a month up to EUR 200, then charges 1.75 percent above that, as of 20 November 2025. Read the fee schedule for the items you use most.

What to check on a free account

Before you choose a free account, check the charges that apply to your usage, since these decide the real cost. Verify with the provider

Whether the no monthly fee plan fits your legal status. N26 Business Standard is for self employed people, while Revolut Business onboards registered companies only, as of 20 November 2025.
Any one off or setup charge. Wise Business has no monthly fee but charges a one off registration fee, as of 20 November 2025.
Per use charges for transfers, extra cards, ATM withdrawals, cash handling and currency conversion, since these are where a free account earns its keep. Verify current figures with the provider.

How to compare free accounts fairly

Confirm you are eligible for the no monthly fee plan, since some are limited to self employed people and others to registered companies.
List your typical monthly activity: transfers, card spend, ATM use, cash and any foreign currency. Total the per use charges on top of the zero monthly fee.
Compare that total across providers and confirm the current schedule with the provider before opening, since pricing changes.

Compare free business accounts available in Greece

These providers accept business customers in Greece and publish a no monthly fee option for eligible users. Fees and eligibility shown as of 20 November 2025. Confirm current terms with the provider before applying.

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Questions about free business accounts in Greece

Is there a truly free business account in Greece?

Some accounts have no monthly fee. N26 Business Standard is advertised at no monthly fee for self employed people, and Wise Business has no monthly fee although it charges a one off registration fee. No monthly fee does not mean no cost, since transfers, cards, cash handling and currency conversion may still be charged. Verify the current fee schedule with the provider, as of 20 November 2025. This is general information, not advice.

What do free business accounts still charge for in Greece?

Even with no monthly fee, you may pay for transfers beyond an allowance, extra cards, ATM withdrawals above a limit, cash handling and currency conversion. For example, the Wise Business card gives two free ATM withdrawals a month up to EUR 200, then charges 1.75 percent above that. Add the items you use to see the real cost, as of 20 November 2025.

Can a sole trader in Greece get a free business account?

Yes for providers that accept self employed people. N26 Business Standard is built for self employed people trading under their own name and has no monthly fee, and Wise Business accepts sole traders with no monthly fee but a one off registration fee. Revolut Business onboards registered companies only. Confirm current eligibility with the provider, as of 20 November 2025.

Do traditional Greek banks offer a free business account?

Traditional Greek banks such as National Bank of Greece, Piraeus Bank, Eurobank and Alpha Bank generally charge a monthly or quarterly maintenance fee on business accounts, so a fully free account is unusual there. Pricing was not confirmed here, so check the current fee schedule with the bank, as of 20 November 2025.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 20 November 2025. Confirm current terms with the provider before applying.