Piraeus Bank

The Piraeus Bank branch on Paraliaki in Plaka is the most accessible banking point on Milos for visitors who need cash or in-branch services. It operates both a staffed branch and an ATM, making it a practical stop whether you need a quick withdrawal or a more involved transaction. The address places it on the main road through Plaka, the island's hilltop capital, within easy reach of most accommodation in the area.

Piraeus Bank is one of Greece's largest retail banks, so its ATM accepts the full range of international debit and credit cards including Visa, Mastercard, and Maestro. If you're spending a week on Milos, sorting out your cash supply here early in the week makes sense — the branch closes on weekends, and the island's more remote beaches and tavernas rarely accept cards.

The branch phone number is +30 2287 027000 if you need to speak with staff before visiting. The official website at piraeusbank.gr provides access to online banking, card management, and branch information in Greek.

What to Expect

The Piraeus Bank location on Paraliaki sits in Plaka, Milos's main administrative village perched above the port of Adamas. The branch operates standard Greek banking hours — weekdays only, 8:00 AM to 2:00 PM — which is a pattern consistent with virtually all bank branches across the Greek islands. The ATM, however, is accessible outside of these hours, so you can still withdraw cash in the evening or on weekends.

The machine dispenses euros and accepts most internationally issued cards. PIN-based transactions are standard; contactless card use at the ATM is not typically supported. Withdrawal limits depend on your home bank's daily cap, not the ATM itself, so check with your card issuer before travel if you anticipate needing larger sums.

The branch interior handles account services, currency-adjacent transactions, and card-related issues during opening hours. In practice, most visitors only need the ATM. The rating on Google is low (2.6 from 10 reviews), which is not unusual for a utility bank branch — reviews at this type of location typically reflect wait times or specific transaction frustrations rather than the ATM's reliability.

Note that Milos has a limited number of ATMs across the island. The main concentration is in Adamas, the port town, with this Plaka branch serving the upper village and surrounding areas. If you're traveling to the southern or eastern parts of the island, withdraw enough cash before you go.

How to Get There

Plaka sits roughly 4 km north of Adamas by road. From Adamas, follow the main road uphill toward Plaka — the journey takes about eight minutes by car or scooter. The branch is on Paraliaki, the main through road in the lower part of Plaka village.

If you're on foot from the Plaka village square or the kastro area, the branch is a short walk downhill on the main road. Street parking is available along Paraliaki, though it can fill quickly in July and August when the village is busy.

There is a local bus service connecting Adamas and Plaka, running several times daily in summer. Check the current timetable locally, as schedules vary by season. Taxis from Adamas to Plaka are available and inexpensive given the short distance.

Best Time to Visit

The branch is open Monday through Friday, 8:00 AM to 2:00 PM. Arrive before 11:00 AM to avoid any midday queue, particularly in peak summer months when more visitors are on the island. The ATM is available at any hour.

If you arrive on Milos on a Friday afternoon, Saturday, or Sunday, the branch will be closed for the weekend. In that case, the ATMs in Adamas — including at the port — are your alternative for cash. Plan ahead if you're heading into a long weekend or a public holiday, as Greek bank branches observe national holidays.

Milos sees its highest visitor numbers between late June and early September. During this period, ATMs across the island experience heavier use, and machines occasionally run low on notes by late evening. Earlier in the day is more reliable.

Tips for Visiting

• Withdraw cash early in your stay. Many beaches, boat trips, and smaller tavernas on Milos are cash only, and the island has relatively few ATMs outside Adamas and Plaka.
• Check your card's foreign transaction fees before you travel. Greek ATMs often offer dynamic currency conversion; always choose to be charged in euros to avoid unfavorable rates.
• The ATM operates 24/7 even when the branch is closed. If you only need cash, you don't need to time your visit to branch hours.
• Bring ID if you need in-branch help. Greek banks require photo identification for most counter transactions, and a passport is preferable to a driver's license.
• Avoid peak branch hours (roughly 10:00 AM to noon) if you need to speak with staff. Early morning visits move faster.
• Have a backup plan. If this ATM is out of service or out of cash, the Alpha Bank and other ATMs in Adamas are approximately 4 km away.
• The branch phone number is +30 2287 027000 if you need to confirm whether a specific service is available before making the trip up to Plaka.
• Contactless and mobile payments are increasingly accepted in Milos Town and Adamas restaurants, but less so at beach bars, smaller cafes, and boat operators — cash remains essential for full flexibility on the island.

Practical Information

Detail	Information
Address	Paraliaki, Plaka 848 00, Milos
Phone	+30 2287 027000
Branch Hours	Monday–Friday: 8:00 AM – 2:00 PM
Saturday	Closed
Sunday	Closed
ATM Hours	24 hours, 7 days
Website	piraeusbank.gr

The ATM is part of the Piraeus Bank network, which is one of the four systemic banks in Greece. Cards on the Visa, Mastercard, Maestro, and Cirrus networks work at Piraeus ATMs. American Express cards are generally not accepted at Greek bank ATMs.

If you experience a card issue at the ATM — such as a retained card — contact the branch immediately during opening hours, or call your home bank's emergency line outside of those hours. The branch phone line connects to local staff who can assist with machine-related problems during working hours.