BACK
Convert Swiss franc loans into euro
Get the information you need
What Greek Law 5264/2025 specifies
Greek Law 5264/2025 establishes a uniform process for converting Swiss franc (CHF) mortgage loans into euro (EUR) with significant discounts.
Apply to convert your mortgage loan from Swiss franc (CHF) into euro (EUR) under the favourable terms of that Law by:
- 19.08.2026, if you fall under categories 1-3.
- 19.06.2026, if you fall under category 4.
If you choose to make use of the provisions of Greek Law 5264/2025, you secure:
- From 15% to 50% discount on the conversion rate, depending on the borrower category you fall under.
- 2.30%–2.90% fixed interest rate for the remaining term of the loan.
- €0 loan conversion fee.
- Option to extend your loan for up to 5 years, provided the younger borrower is up to 80 years old at loan maturity and the term with the extension does not exceed half of the remaining term before the extension.
This way, you can improve your financial planning, as you get:
- Fixed monthly instalments until maturity.
- Protection against the exchange rate and interest rate risk in the future.
What are the borrower categories
You are included in 1 of 4 categories, depending on your asset and income criteria.
Category 1
Convert your loan into euro with:
- 50% lower exchange rate compared to the current euro-Swiss franc exchange rate
- 2.30% fixed interest rate (+ Law 128/1975 levy) for the remaining term
| Household composition |
Income | Real estate | Deposit limits |
| Single-person household | €7,500 |
€125,000 | €7,500 |
| 2-person household | €11,000 | €140,000 | €11,000 |
| 3-person household or single-parent family with 1 minor or family with 1 non-dependent child |
€14,500 | €155,000 | €14,500 |
| 4-person household or single- parent family with 2 minors or family with 2 non-dependent children |
€18,000 | €170,000 | €18,000 |
| Household with ≥ 5 members or single-parent family with ≥ 3 minors |
€22,000 |
€185,000 | €22,000 |
Category 2
Convert your loan into euro with:
- 30% lower exchange rate compared to the current euro-Swiss franc exchange rate
- 2.50% fixed interest rate (+ Law 128/1975 levy) for the remaining term
| Household composition |
Income | Real estate | Deposit limits |
| Single-person household | €9,375 |
€156,250 | €9,375 |
| 2-person household | €12,875 | €171,250 | €12,875 |
| 3-person household or single-parent family with 1 minor or family with 1 non-dependent child |
€16,375 | €186,250 | €16,375 |
| 4-person household or single- parent family with 2 minors or family with 2 non-dependent children |
€19,875 | €201,250 | €19,875 |
| Household with ≥ 5 members or single-parent familywith ≥ 3 minors |
€23,375 |
€216,250 | €23,375 |
Category 3
Convert your loan into euro with:
- 20% lower exchange rate compared to the current euro-Swiss franc exchange rate
- 2.70% fixed interest rate (+ Law 128/1975 levy) for the remaining term
| Household composition |
Income | Real estate | Deposit limits |
| Single-person household | €11,250 |
€187,500 | €11,250 |
| 2-person household | €14,750 | €202,500 | €14,750 |
| 3-person household or single-parent family with 1 minor or family with 1 non-dependent child |
€18,250 | €217,500 | €18,250 |
| 4-person household or single- parent family with 2 minors or family with 2 non-dependent children |
€21,750 | €232,500 | €21,750 |
| Household with ≥ 5 members or single-parent familywith ≥ 3 minors |
€25,250 |
€247,500 | €25,250 |
Category 4
If you do not fall under any of the previous categories you may be included in category 4 and convert your loan into euro with:
- 15% lower exchange rate compared to the current euro-Swiss franc exchange rate
- 2.90% fixed interest rate (+ Law 128/1975 levy) for the remaining term
How you repay your loan
With equal fixed interest-bearing monthly instalments
Once we sign the additional deed for converting your mortgage loan, we open a new account in euro for you to pay your instalment by standing order.
You pay equal, fixed interest-bearing monthly instalments, i.e. instalments that gradually repay interest and principal.
Early loan repayment
You may repay your loan at any time without any charges.
Find out how you can repay your loan earlier in full or in part.
Can I convert a Swiss franc loan into euro?
Have at hand...
- The classification certification through gov.gr, provided you fall under categories 1-3.
- Your income tax clearance certificate (latest).
- Your Taxisnet credentials, if you haven’t updated your details and want to do so through eGov-KYC.
- The supporting documents you’ll need, if you haven’t updated your details and choose to do so by uploading the documents.
Apply to convert your mortgage loan
1. Get a certificate of classification of borrowers
Log into gov.gr and apply to get a certificate of classification in one of categories 1-3.
If you fall under category 4, you do not need a certificate of classification.
2. Complete the application
Once you get the certificate of classification, book an appointment to visit a branch near you.
Bring along the:
- Certificate of classification.
- Latest income tax clearance certificate.
We complete your loan conversion application together.
Find useful documents
Any questions?
Find the answers you need about converting your Swiss franc mortgage loan into euro.
How is the euro-Swiss franc conversion rate calculated?
The conversion rate is calculated based on:
- The reference exchange rate published by the European Central Bank on the date you apply.
- The discount (15%-50%) on the exchange rate you are entitled to depending on the category of the Law you fall under.
You do not pay a conversion fee.
I have taken out a mortgage loan with collateral. What happens with the mortgage lien?
In the future, can I convert my loan from euro into Swiss francs?
Is it mandatory for all co-beneficiaries to consent to the conversion of the loan into euro?
No. However, the consent of the parties is desirable with:
- Physical presence when signing the application
- Written authorisation