Banking
Greece — Banking: International Transfers
EU rules that govern euro transfers to and from banks in Greece, per the European Commission. They set speed, name-check and charge rules for euro payments; fees for non-euro transfers and bank-specific prices are not covered.
VerifiedGovernment / official sourceEuropean Commission - Instant Payments Regulation: implementation questions and answersLast reviewed: 2026-10-27
Key facts
- The EU SEPA Regulation covers only payments in euro, so the rules below apply to euro transfers, not to transfers in other currencies.
- Payment providers in the euro area had to offer receiving instant euro credit transfers from 9 January 2025 and sending them from 9 October 2025.
- An instant euro credit transfer must be executed within 10 seconds of the time of receipt, around the clock, otherwise the payment is rejected and the payer is notified.
- Before the payer authorises a euro credit transfer, the payer's provider must offer a verification-of-payee check of the name against the account.
- Charges for an instant credit transfer in euro cannot exceed the charges for corresponding regular credit transfers in euro.