Insurance Coupons
Insurance Coupons are mandatory so as to pay people you employ on a regular or casual basis for private work or services. Employees may include domestic cleaners, private tutors, childcarers, caregivers, gardeners and landscapers. The Insurance Coupons are issued online through Piraeus e-banking and can be cashed by employees at any Piraeus Bank branch. Any relevant social insurance contributions (25% for IKA and 10% for OGA) are withheld from the amount payable written on the Insurance Coupons. The withheld amount is then paid to the corresponding social insurance fund.