The USA has established legislative provisions on the tax compliance of foreign accounts (FATCA). According to the provisions, any individuals that pay taxes in the USA and maintain assets in financial institutions outside the USA may have to produce tax documents and be taxed in the USA.
L. 4493/2017 on Tax Compliance of Foreign Accounts validates the memorandum of understanding, the agreement between the Governments of Greece and the USA concerning the improvement of international tax compliance and the implementation of FATCA, the agreement of the respective authorities together with the relevant application provisions.
According to FATCA, the financial institutions outside the USA:
As the Bank may not provide tax consultancy services, you can further be informed by the following entities about FATCA and the details you have to provide: