The short answer for Moroccans in Greece
The short answer
The best bank account for Moroccans in Greece is Eurobank once you have your residence permit and AFM — one of Greece’s four systemic banks, with a real Greek (GR) IBAN for your salary, branches across the country and an English app. If you need an account this week, before your Greek paperwork is finished, open N26 first (free, German IBAN, about 10 minutes, passport only) and add Eurobank once you are registered. Keep Revolut as a multi-currency sidekick for cheap transfers home — its IBAN is Lithuanian, so pair it with a Greek account for salary and rent.
Moroccans in Greece are a growing community — students in Athens, agricultural and hospitality workers across the islands and the mainland, and families building a life between Greece and Morocco. The first money task is the same for all of them: a Greek bank account, because your employer pays your wages into a bank account, your landlord expects rent from a local account, and the immigration office wants to see salary landing in Greece when you renew a permit.
Below we compare the same four accounts every expat in Greece considers — Eurobank, N26, Alpha Bank and Revolut — judged for Moroccans specifically: English support, a Greek IBAN for salary, and cheap transfers home to Morocco. Fees and features change regularly, so always verify on the provider’s official site before applying.
→ Best Bank Accounts in Greece for Expats — the flagship Greece guide
ExpatMoneyEU answer
Greece’s statutory minimum wage is €920 gross a month from 1 April 2026 (Ministerial Decision 8934/2026, published in the Government Gazette FEK B’ 1759), paid in 14 instalments a year, and the government has set a target of €950 a month by 2027. A Greek bank account is therefore a first-week task, not a nice-to-have — your employer pays your salary into it, your landlord expects rent from it, and the immigration office wants to see salary landing in Greece when you renew a permit. Deposits at licensed Greek banks are protected up to €100,000 per depositor under the EU deposit guarantee scheme (European Commission).
Disclosure: some links on this page may earn us a commission at no extra cost to you. See our affiliate disclosure. Always verify current fees and rates with the provider before applying.
Quick comparison: bank accounts for Moroccans in Greece
| Account | Monthly fee | IBAN | Free ATM withdrawals | Branches | Best for |
|---|---|---|---|---|---|
| Eurobank | Basic account — fee on application | Greek (GR) | Free at Eurobank ATMs | Yes, nationwide | Settled expats, salary account |
| N26 (Standard) | €0 | German (DE) | 2 / month in EUR, then €2 each | No | New arrivals, English speakers |
| Alpha Bank | Basic account — fee on application | Greek (GR) | Free at Alpha ATMs | Yes, nationwide | Everyday banking + app |
| Revolut (Standard) | €0 | Lithuanian (LT) | €200 / month free, then 2% | No | Multi-currency complement |
→ Best Bank Accounts in Greece for Expats — the flagship Greece guide
Expert Score: how the four accounts rate
We scored each account from 0 to 10 on the criteria below, using only the facts stated on this page. A “—” means the attribute is not stated for that bank on this page, so it is excluded from that bank’s average. Scores are the editorial judgment of the ExpatMoneyEU Research Team — never ranked by commission. Scores measure the account on its own merits; the pick above reflects the newcomer journey — speed first, local IBAN second.
| Account | Monthly fee | Local IBAN | Free ATM access | Branches & cash | Deposit protection | English support | Expert Score |
|---|---|---|---|---|---|---|---|
| Eurobank | — | 10 | 8 | 9 | 10 | 8 | 9.0 |
| Alpha Bank | — | 10 | 7 | 8 | 10 | 8 | 8.6 |
| N26 (Standard) | 10 | 4 | 7 | 2 | 10 | 10 | 7.2 |
| Revolut (Standard) | 10 | 4 | 5 | 2 | 8 | 10 | 6.5 |
Scores by ExpatMoneyEU Research Team from the criteria above — not influenced by commissions.
Disclosure: some links on this page may earn us a commission at no extra cost to you. See our affiliate disclosure. Always verify current fees and rates with the provider before applying.
Send money home from Greece without the bank markup
Open a transfer account alongside your Greek bank and compare the total received in MAD before every transfer.
1. N26 — the fastest first account for newcomers
N26 Standard
N26 is a Berlin-based bank with a full German banking licence, and it operates in Greece — you can open an account while living in Greece with just a passport and a smartphone, in about 10 to 20 minutes, and you do not need a Greek residence permit or an AFM (tax number) to start. That makes it the standard recommendation for people in their first weeks in Greece, since employers and landlords often ask for an IBAN before your Greek paperwork is finished.
The free Standard plan genuinely costs nothing per month. The virtual Mastercard debit is free and works instantly; the physical card costs a one-time fee of around €10. You get a real German IBAN, Apple Pay and Google Pay, and sub-accounts (“Spaces”) for budgeting. Card payments in foreign currencies carry no N26 fee on any plan.
The limitations matter too. N26 issues a German (DE) IBAN, not a Greek one — under SEPA IBAN non-discrimination rules it must legally be accepted anywhere in the eurozone, but in practice some Greek employers, landlords and public offices still ask for a GR IBAN. There are no branches, and free ATM withdrawals are limited to two a month on Standard (then €2 each). Treat N26 as your fast first account, then add a Greek bank once your permit arrives.
2. Eurobank — the local bank with branches everywhere
Eurobank Greece
Eurobank is one of Greece’s four systemic banks, with branches in Athens, Thessaloniki and towns across the country, and it is the natural default once you are settled: a real Greek (GR) IBAN that every employer, landlord and public office accepts without question, a debit card, and an English-language app for everyday banking. If your employer or university already banks with Eurobank, salary day is simplest here.
Opening an account as a non-EU national means a branch visit with your documents — passport, residence permit, AFM and proof of address — and the bank’s compliance team will ask about your source of funds. That is normal in Greece, not a refusal. Ask for the bank’s current Fee Information Document: the fee for a basic payment account is capped by law under the EU Payment Accounts Directive, which Greece has transposed.
3. Alpha Bank — the solid everyday alternative
Alpha Bank Greece
Alpha Bank is another of Greece’s four systemic banks, with a nationwide branch and ATM network and an English-language app. It is a solid middle choice rather than a standout: a full-service Greek account with a GR IBAN, debit cards and online banking, at a price you confirm from the bank’s current Fee Information Document before you apply.
Alpha is the right pick when convenience decides it — if there is an Alpha branch on your street in Athens or Thessaloniki, or your employer banks with Alpha, there is no reason not to take it. Expect the same branch-visit document checks as at Eurobank: passport, residence permit, AFM and proof of address, plus source-of-funds questions for non-EU nationals.
4. Revolut — the multi-currency complement
Revolut Standard
Revolut is the account most expats in Greece open alongside a Greek bank, not instead of one. It issues a Lithuanian (LT) IBAN, not a Greek one — and while SEPA rules say that IBAN must be accepted everywhere in the eurozone, some Greek employers and landlords still ask for a GR IBAN for salary and rent. Treat Revolut as your multi-currency sidekick: free currency exchange up to €1,000 a month on the Standard plan, instant transfers between Revolut users, and balances in EUR, GBP, USD and other currencies you can hold and spend.
For sending money home it is genuinely useful — exchange at the interbank rate inside the free allowance, then send onward. Just remember the limits: free ATM withdrawals stop at €200 a month (then 2%), and weekend FX carries roughly a 1% markup. Revolut Bank UAB (Lithuania) holds the deposits under the EU deposit guarantee scheme.
How to choose: a 3-question shortcut
Do you already have a Greek residence permit and AFM? → Open Eurobank first — the fastest route to a GR IBAN with branches everywhere.
Do you need an IBAN this week, before your paperwork is finished? → Open N26 first (free, 10 minutes, passport only), then add Eurobank once you are registered.
Do you send money home every month? → Keep Revolut alongside and send with Wise — both beat Greek bank transfer fees for most corridors.
→ Free Greece Net Salary Calculator — check your take-home pay before you sign a contract
Sending money home from Greece to Morocco
Most Moroccans in Greece send money home every month, and the EUR→MAD corridor is where a bad choice costs real money: Greek banks charge high international transfer fees plus a poor exchange rate, so the standard advice is to receive your salary in your Greek account and send it onward with a specialist. Wise shows the fee and the real exchange rate before you send, and pays out to Moroccan bank accounts — check the live fee in the app before every transfer, because the dirham rate moves daily and all figures here are illustrative. Cash-pickup options exist too, but a direct bank payout is usually cheaper.
Send on payday, not at month-end, and keep the receipts — they double as proof of income at residence-permit renewal. Never use informal cash couriers: they are unregulated and uninsured, and a failed delivery leaves you with no receipt and no recourse.
→ Free Money Transfer Cost Calculator — compare the true cost of a transfer before you send
Documents you will need
As a non-EU nationality you will go through the full document checklist at the branch. Bring originals of everything below and expect questions about where your money comes from — that is normal, not a refusal:
- Passport — the bank verifies your identity in person at the branch.
- Greek residence permit — for non-EU citizens; if your permit is still being processed, bring the application receipt and ask what the bank can open in the meantime.
- AFM (Greek tax number) — apply at your local tax office (DOY); banks, employers and landlords all ask for it.
- Proof of address in Greece — usually a rental contract or a utility bill in your name.
- Proof of income or employment — your work contract, university enrolment letter or a salary slip; banks ask for it to satisfy source-of-funds checks.
- AMKA (social security number) — if you already have one from employment; otherwise the bank may ask for your home-country tax number for CRS reporting.
→ Best Bank Account for Moroccans in Italy — compare the Italian route
Practical tips for expats opening a Greece account
- Expect a branch visit for Greek banks. Online opening is built for residents with local ID documents; as a foreigner, plan one in-person appointment for ID verification.
- Get your AFM early. The AFM (Greek tax number) is asked for by banks, employers and landlords alike — apply at your local tax office (DOY) as soon as you have an address.
- Keep a second account for transfers. A Greek account pays your salary and rent; a multi-currency account handles cheap transfers home. That two-account setup is what most long-term expats in Greece actually use.
What changes in 2027
Re-check every figure on this page each January: Greek banks revise their price lists at least once a year, and the €920 minimum-wage floor from April 2026 stays in force, with the government’s stated target of €950 a month by 2027. For Moroccans, the 2027 watch item is the residence-permit renewal cycle: keep your salary slips and transfer receipts, because they are the cleanest proof of legal employment at renewal time.
→ Best Bank Account Egyptians Greece
How we compared: the methodology
How we compared
Fees and features checked: the providers’ official websites and published price lists — including N26’s Standard plan terms and the Greek banks’ Fee Information Documents — plus Greece’s 2026 account-opening rules. Criteria: monthly fees, ATM access, IBAN type, opening requirements (residence permit and AFM), English support and deposit protection. Verdicts are the editorial judgment of the ExpatMoneyEU Research Team — not financial advice. Figures are illustrative; always verify the current terms with the provider.
Disclosure: some links on this page may earn us a commission at no extra cost to you. See our affiliate disclosure. Always verify current fees and rates with the provider before applying.
Ready? Open your Greece accounts
Free to open, minutes to set up — start with the fast first account and add the Greek bank once your permit arrives.