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505 business sight account in foreign currency
Transactions in foreign currency
Discover the features
What is the interest rate and what are the fees
0% interest rate
The interest rate for the business account is 0%.
Have a look at the deposit and loan interest rates.
€5 fee a month
You pay €5 a month for your business account. The fee is charged automatically to your account in the 2nd fortnight of each month. So make sure there is sufficient balance in it.
Have a look at the commissions and other charges.
What you get
Overdraft option in foreign currency
You can overdraw your account in foreign currency to meet any unexpected business expenses.
The overdraft interest rate is floating and depends on your account balance. It includes the 0.60% Law 128/1975 levy.
Chequebook in foreign currency
Get a chequebook in foreign currency, in your business name, for added convenience in your transactions.
Free e-statements
Every month you can view an e-statement, i.e. an electronic copy of your account activity, on your business digital banking. You are notified by email when a new e-statement is issued, free of charge. Through digital banking you can access the e-statements for the last 18 months.
How you bank securely
Notifications in real time
With alerts for businesses you are notified free of charge of any transactions and any activity through your business digital banking, in real time, by email or Viber / text message.
Protection with strong customer authentication
In addition, through strong customer authentication with the 6-digit verification code you receive with Viber / text message, we safeguard the transactions you carry out through business web banking.
What you need to open a 505 sight account
Apply provided you...
- Are the legal representative of the business.
- Book an appointment at a branch near you to sign the relevant documents.
- Make a minimum initial deposit equivalent to €2,000.
Have at hand...
The supporting documents to start banking with us or to update your details, if you:
- Are a freelancer / own a sole proprietorship.
- Own an SA, OE, PC, LTD or EE.
- Want to update your personal details.
New to Alpha Bank?
For freelancers
For registered companies with 1 representative
For businesses with 2+ legal representatives
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Get business credentials
For freelancers or companies with 1 representative
Get business credentials, provided you already have personal ones or hold an active Alpha Bank card.
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Get personal digital banking credentials in a flash through your mobile or computer.
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Any questions?
Find the answers you need about the 505 business sight account in foreign currency.
In what currencies can I open a business sight account in foreign currency?
Open a 505 business sight account in foreign currency in:
- US dollar (USD)
- Pound sterling (GBP)
- Swiss franc (CHF)
- Canadian dollar (CAD)
I hold a business sight account in foreign currency with Alpha Bank. Can I make transfers from that account as well?
Yes, through your business digital banking you can make transfers:
- In the currency of your account, to any account you hold with Alpha Bank.
- In euro, up to the equivalent of USD 500,000, to any account your business holds with Alpha Bank, after converting your currency online through Web FX for businesses. To convert currency online, your FX account must be held in US dollar (USD), Pound sterling (GBP), Swiss franc (CHF) or Japanese yen (JPY).
- Up to USD 500,000 or the equivalent amount in another currency to other banks through direct money transfers with currency conversion.
How can I add accounts to my business digital banking profile?
- Log into business web banking with the digital banking credentials of your business.
- On the home page (Overview), choose “Accounts”.
- Click on the gear icon on the right.
- Choose the “Alpha Bank”, “Other banks in Greece” or “Other banks abroad” tab, depending on the account you want to add.
- Choose “Add account” from the top right.
- Enter the remaining details to complete the process.