H Marfin Egnatia Bank has created an innovative product International Account, a pair of accounts opened in Greece and Cyprus in the future and in other countries where the Group operates.
INTERNATIONAL ACCOUNT The account is redeemable at either 35 days or 90 days for withdrawals and transfers to other accounts, except for transfers between two accounts, which take place immediately, without notice and without costs. Addressed to individuals of Greek nationality, residents and non residents of Greece, as well as legal entities with headquarters in Greece.
Thereby enabling opening an account abroad and also has the advantage of inexpensive money transfer between the two countries.
Due to its similar rate as other products of the bank, who is already a customer of Marfin, has no reason not to choose this product. Of course comparing the competition in Greece, Marfin gives significantly lower interest rates: the higher the International Account (currently 4.75%) distant enough from the competition (currently 6.5%). On the other hand, comparing the rate in Cyprus is in good shape, especially for small time commitment .
