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Forums Living In Crete Your Money, Forex, Banking WARNING! Greek government seizing bank accounts.

Your Money, Forex, Banking
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  • #45248
    cakeordeath
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        • BIC Junior Member
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        Member since: 20th May 2014

        If you owe any back taxes(like we did). The government of Greece will contact the bank(Trapeza Pireaus was ours), and without notifying you at all they will drain the account. Imagine my surprise when attempting to use the ATM only to find out my account was negative several thousand euros.

        #45551
        admin
        Keymaster
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            cakeordeath

            Your comment is for real?

            Normally I thought a court order was required for any government to go after delinquent payments in the manner you state?

            Perhaps you were issued a final notice and it did not arrive, or a Greek policeman did not arrive on your doorstep with that "final notice" cause he could not find you?

            A puzzler this one…..

            #45744
            footscapes
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                • BIC Full Member
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                Member since: 6th April 2006

                The law changed in March allowing direct confiscation without any reference to the taxpayer. There are some protections and limits, mainly relating to salary or pension payments, but the taxman essentially has fairly free access. They can’t take from accounts with balances below Eur 1000.

                http://www.keeptalkinggreece.com/2014/03/05/greek-tax-offices-to-confiscate-bank-account-savings-without-previous-notice-to-debtor/

                Paul

                #45875
                admin
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                    Footscapes

                    thank you. Now we all know.
                    So the trick would be to keep only €999 in an account and the rest under the pillow, if that is the case.

                    Gerald

                    PS. After reading the article page in the link, I note there is a possibility that the action by the tax office may be unconstitutional …
                    Edited:Added the post script note

                    #45964
                    barbary_coaster
                    Participant
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                        Member since: 15th November 2005

                        No different to the UK – from 2015 HMRC can raid UK bank accounts without a court order. i.e if they think you owe them money, they just take it

                        #46021
                        cakeordeath
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                            • BIC Junior Member
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                            Member since: 20th May 2014

                            well there was only 650 in our account and they took that. no notices, no letters nothing.

                            #46067
                            cakeordeath
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                                • BIC Junior Member
                                • ★★★
                                Member since: 20th May 2014

                                well to clarify, they placed a charge on the account for several thousand euros. Which changed our balance from 650 euros to show a negative balance. When we went to the bank to ask what the charge was, we were informed it was from the tax office and there was nothing we could do about it and to consider that 650 euros that we had in the bank gone.

                                I was shocked, to simply go into someones account with no warning, and to empty it, leaving them nothing to live on, no money for rent, or for medicenes(thank god i keep my wife with a 2 month supply). Just sickens me.

                                #46106
                                latsida
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                                    no more cake then :D :D :D

                                    #46141
                                    footscapes
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                                        • BIC Full Member
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                                        Member since: 6th April 2006

                                        Update on legality of deposit seizure from today’s Ekathimerini

                                        Paul

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