Attica "Payroll" Savings Account

Features:

A savings account for the payment of salaries of employees of companies/organizations. The account strengthens cooperation with municipalities, public organizations and enterprises, public institutions and private companies, providing, apart from the savings account, additional benefits to employees and businesses. The employee payroll data are given by employers to the Bank electronically.

Interest charge:

The account is interest bearing with tiered interest rates from 1.50% to 2.00%. The interest rate is applied to the entire amount. Interest income is calculated on the six-month average account balance and charged on the closure of the last day of each calendar half-year (30/06 and 31/12). Interest income is subject to tax (currently 10%).

Additional Information / Benefits:

1.          No minimum initial deposit required.

2.          Personal loans of up to 2 wages.

3.          Issue of an Attica Card Electron Visa , free of charge for life.

4.          The cards ATTICARD EXTRACASH and ATTICA CARD VISA (Dual Card) offer access the account through the Attica Bank ATMs and the ATMs of all banks in with the DIAS interbank system.

5.          Personal bank loans at reduced rates.

6.          Save 50% on pre-approval and disbursement costs for Repairing or Mortgage Loans; no disbursement costs for the transfer of Housing loans from other banks

7.          Bank Mutual funds without service commission and 50% discount on the payment commission

8.          Free payment of bills by standing order

9.          You may perform account transactions via ATMs and e-Banking. Currently, transactions through e-banking are free of charge.

Note: the provision of the above applies for the duration of the employment relationship. In the event of termination of the employment relationship, the payroll savings account becomes a simple savings account and some of the above benefits are eliminated.