Attica "Payroll" Current Account

Features:

On demand current account that serves the payment of salaries to salaried workers, employees and pensioners. The account strengthens cooperation with municipalities, public organizations and enterprises, public institutions and private companies, providing a package of products. The employee payroll data are given by employers to the Bank electronically. Customers are informed by monthly and bi-annual statements.

Interest charge:

The account is interest bearing. 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.    Overdraft of up to 2 wages.

3.    Issue of an Attica Visa Electron Card, 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.    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

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

7.    Free payment of bills by standing order

8.    Free bank checkbook

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.

Who is this product addressed to:

Ideal for individuals (public servants, employees of large companies, employees of companies that have special agreements with the Bank, pensioners), who wish to have their wages or pension paid through a bank account. They may use their funds at any time and make payments for goods and services using checks.