Digital Release of a Seized Bank Account is Now Available through myAADE
Digital Release of Seized Bank Account through myAADE is one of the latest initiatives introduced by the Independent Authority for Public Revenue (AADE), making it easier for individuals and businesses to regain access to their bank accounts after taking substantial steps to settle their tax debts.
Until recently, the process of lifting a bank account seizure involved lengthy administrative procedures and communication with the competent tax authorities. Today, eligible taxpayers can submit their request electronically through the myAADE platform, without visiting a tax office, provided that specific legal requirements are met.
This new digital service aims to reduce bureaucracy, accelerate the review process, and support taxpayers who are consistently complying with their tax obligations.
What is the Digital Release of a Seized Bank Account through myAADE?
The digital release of a seized bank account allows eligible taxpayers whose bank accounts have been seized due to overdue tax liabilities to apply electronically for the lifting of the seizure.
The application is submitted entirely online through myAADE, eliminating the need for an in-person visit to the tax authorities and significantly speeding up the processing of the request.
Who Can Apply?
The application for the Digital Release of a Seized Bank Account is submitted exclusively through the myAADE online platform.
To qualify for the release of a seized bank account, all of the following conditions must be satisfied:
- At least 25% of the principal tax debt must have been paid, together with the corresponding interest and surcharges.
- The remaining balance must be included in an active payment arrangement or be under a legally approved payment suspension.
- The taxpayer must not have any other overdue and unregulated tax debts at the time the application is submitted.
Failure to meet even one of these requirements may result in the rejection of the application.
How Does the Process Work?
Applications are submitted exclusively through the myAADE platform using the “My Requests” electronic service.
The entire procedure is completed digitally, offering several important advantages:
- Faster processing of applications.
- Reduced administrative burden.
- No physical visit to the tax office.
- Quicker restoration of access to the taxpayer’s bank account.
What Are the Benefits?
Once the request is approved, taxpayers regain access to their bank accounts while continuing to comply with their tax settlement obligations.
The release of the seized account enables them to:
- Carry out everyday banking transactions without seizure-related restrictions.
- Better manage their financial obligations.
- Continue servicing their regulated tax debts under the agreed payment arrangement.
What Should You Check Before Applying?
Before submitting your application, it is essential to ensure that:
- The required percentage of the debt has been paid.
- Your payment arrangement remains active and up to date.
- No additional overdue and unregulated tax debts exist.
- All applicable interest and surcharges relating to the seized debt have been settled.
Before requesting the Digital Release of a Seized Bank Account, applicants should carefully review their tax status to ensure that every requirement has been fulfilled.
Important: The Opportunity Is Available Only Once
One of the most important aspects of the new procedure is that the digital release of a seized bank account may be granted only once per taxpayer.
For this reason, applicants are strongly advised to verify that all legal requirements have been fulfilled before submitting their request.
Frequently Asked Questions
Can I apply if I have not yet paid part of my tax debt?
No. At least 25% of the principal debt, together with the corresponding interest and surcharges, must be paid before the application can be considered.
What if I have an active payment arrangement but new overdue tax debts?
The existence of additional overdue and unregulated tax liabilities may lead to the rejection of your application.
Do I need to visit the tax office?
No. The application is submitted entirely online through the myAADE platform.
Can I apply for the release again in the future?
No. The opportunity to obtain a digital release of a seized bank account is granted only once for each taxpayer.
Conclusion
The introduction of the digital release of a seized bank account through myAADE marks another important step in the digital transformation of Greece’s tax administration. By simplifying the process and reducing unnecessary bureaucracy, the new service enables compliant taxpayers to restore access to their bank accounts more quickly while continuing to meet their tax obligations.
Since this opportunity is available only once and approval depends on meeting all legal requirements, careful preparation before submitting the application is essential.
Link Consulting is by your side, offering expert tax advisory services and personalized guidance to help you assess your eligibility, review your tax obligations, and successfully complete the application process with confidence.
