Piraeus Bank Account Types

Piraeus Bank offers various types of accounts tailored to different client needs. The primary account types include:

• Corporate Account: Designed for businesses, this account typically takes 3-4 weeks to open and has an associated cost of approximately 700 EUR. It provides access to a range of banking services suitable for corporate clients.

• Forex Trading Account: This account allows clients to trade in the forex market, featuring raw spreads starting from 0.0 pips and 0% commission. Clients can leverage their trading with ratios of up to 1:500 and trade micro lots starting from 0.01.

• Personal Accounts: Available for individual clients, these accounts include savings accounts, current accounts, and other financial products. The specific terms and conditions may vary based on the type of account selected.

Piraeus Bank Broker Account Opening Process

The process to open a broker account with Piraeus Bank is straightforward, involving the following steps:

• Documentation Preparation: Clients need to gather necessary documents, including:
• Personal identification (passport or ID)
• Proof of address
• Tax identification number (if applicable)
• Other relevant documents as specified by the bank.

• Application Submission: Clients can start the application process either online or by visiting a bank branch. It is recommended to consult with a personal manager for assistance throughout the process.

• Personal Visit: A personal presence may be required for verification purposes. Clients must visit the bank branch to finalize the account opening and provide signature samples.

• Account Activation: Once the application is approved and all necessary documents are verified, the account will be activated, allowing clients to start trading or managing their finances.

• Initial Deposit: Depending on the account type, an initial deposit may be required to activate the account fully.

By following these steps, clients can successfully open a trading account with Piraeus Bank and access a wide range of financial services tailored to their needs.