Why us
Helping you pay
You borrow in Euros – we collect in Sterling
Whereas when borrowing from a local bank in Euros, you are left all alone when it comes to making your monthly payments, if your income and your bank account is in sterling we exchange your Euro instalment to sterling each month without charging a commission and advise you well in advance so that you can budget for your monthly expenses.
It is worth remembering that whether your Piraeus Bank mortgage is denominated in Euros or not, you will need to convert a certain amount from Sterling to Euros even if it is for just your deposit and the various local expenses associated with purchasing property.
Being a major bank and trading in the inter-bank market, we are able to offer you highly competitive rates similar to those that a bank receives from another and not the usual rates that retail banks or foreign exchange brokers provide.
In addition, we do not charge a fee for making the transfer although we have a minimum amount of €15,000 for each conversion and transfer you make.
Click for a comprehensive step-by-step guide or for a Retail Foreign Exchange Application Form.