How to open a business bank account in Greece: steps and documents

Snapshot

To open a business bank account in Greece you generally need a Greek tax number, the AFM, along with identification, proof of address and your business registration documents. Neobanks such as N26 Business, Wise Business and Revolut Business onboard eligible customers online, while traditional Greek banks often require a branch visit. Requirements vary by provider, as of 20 November 2025.

Key prerequisite: A Greek tax number, the AFM, a nine digit number issued once and valid for life. It can be issued to non residents.
Typical documents: Passport or EU national ID, proof of address, and business registration such as GEMI details and TAXISnet credentials.
Online or branch: Neobanks onboard online for eligible customers. Traditional banks often require a branch visit.
Company capital: Company forms set a starting capital, for example EUR 1 for an IKE. Verify with your advisor and the registry.

Requirements 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.

Opening a business account in Greece starts with a Greek tax number, the AFM, which is generally required to bank in Greece and can be issued to residents and non residents. You then choose between a neobank, which onboards eligible business customers online, and a traditional Greek bank, which often asks for a branch appointment. You prepare identification, proof of address and your business registration documents, complete the bank verification checks, and the account is opened once approved. Steps and document lists vary by provider, so confirm the current process with the bank, as of 20 November 2025.

Who can open a business account in Greece

Greek residents and registered Greek companies can open a business account, and non residents can too, though traditional banks may add checks and often require an in person visit. Self employed people trading under their own name can use neobanks that accept them, such as N26 Business and Wise Business, while Revolut Business onboards registered companies only. The first practical step for most applicants is obtaining an AFM, the Greek tax identification number, because it is generally needed to open a bank account in Greece.

The AFM and your documents

The AFM is a nine digit tax number issued once and valid for life, and it can be issued to people without permanent residence in Greece. To apply you typically present a valid passport or EU national ID and proof of your home address, such as a recent utility bill or bank statement. For the bank account itself you generally add your business registration documents. A company registered in Greece will have a GEMI registration and TAXISnet credentials, which the bank may ask to see. Confirm the exact list with your chosen provider, since requirements vary.

Neobank or traditional bank

Neobanks such as N26 Business, Wise Business and Revolut Business onboard eligible business customers online, which can be faster and avoids a branch visit. Traditional Greek banks such as National Bank of Greece, Piraeus Bank, Eurobank and Alpha Bank typically offer a fuller branch relationship, including cash services, but often require an appointment and, for applicants without an AFM, an in person visit. Choose based on whether you need cash handling and a local branch, or prefer online onboarding and multi currency features.

Before you apply

Get these in order before you start, because missing items are the most common cause of delay. Verify with the provider

Your AFM, the Greek tax number, since it is generally required to open an account and can be issued to non residents, as of 20 November 2025.
Identification and proof of address, such as a passport or EU national ID and a recent utility bill or bank statement.
Your business registration documents, for a company the GEMI registration and TAXISnet credentials, plus any minimum capital your company form requires. Confirm the current list with the provider.

Steps to open the account

Obtain your AFM if you do not already have one, since it is generally needed to bank in Greece. It is usually issued within a few business days.
Choose a provider that fits your legal status and needs, then gather identification, proof of address and your business registration documents.
Apply online with a neobank or book a branch appointment with a traditional bank, complete the verification checks, and confirm the account is open before relying on it. Verify the current process with the provider.

Compare business accounts you can open in Greece

These providers accept business customers in Greece and onboard eligible applicants. Fees and eligibility shown as of 20 November 2025. Confirm current terms with the provider before applying.

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Questions about opening a business account in Greece

What do I need to open a business bank account in Greece?

You generally need a Greek tax number, the AFM, plus identification such as a passport or EU national ID, proof of address, and your business registration documents. Companies registered in Greece also have a GEMI registration and TAXISnet credentials. Requirements vary by provider, so confirm the current document list with the bank, as of 20 November 2025. This is general information, not advice.

Do I need an AFM to open a business account in Greece?

An AFM, the Greek tax identification number, is generally required to open a bank account in Greece, and it is a nine digit number issued once and valid for life. It can be issued to non residents as well as residents. Confirm the exact requirement with the provider, as of 20 November 2025.

Can I open a Greek business account online?

Neobanks such as N26 Business, Wise Business and Revolut Business onboard eligible business customers online. Traditional Greek banks often require a branch visit, and applicants without an AFM usually cannot open an account online. Check the current process with the provider, as of 20 November 2025.

How long does it take to open a business account in Greece?

Timing varies. Neobank onboarding can be quick once your documents and verification are in order, while a traditional bank may take longer because of a branch appointment and document checks. Getting an AFM first is typically issued within a few business days. Confirm timing with the provider, 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.