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Greek banks will most likely open on Monday

16 July 2015 / 19:07:02  GRReporter
1415 reads

All branches of Greek banks will open on Monday, the Greek news agency AMNA reported, referring to sources from the banking circles. The daily 60-euro limit on withdrawals however will remain in force.

According to the same sources, depositors will be able to avoid going to ATMs on a daily basis, as they will have the right to withdraw the amounts for two consecutive days at once. For example, if a depositor has not used his or her debit card for one or two days, he or she will be entitled to receive 120 euro from an ATM or counter the third day.

The measure aims to reduce queues at ATMs that have become common since the imposition of capital controls on 29 June.

According to the Greek news site bankingnews.gr, money from abroad was delivered to Greece yesterday to supply Greek banks. The publication indicates that a C130 plane of the Greek military aircraft transported the delivery.

The site refers to unnamed sources according to which there have been another three such supplies in recent weeks. They point out that following the increase of emergency liquidity on the part of the European Central Bank today, the amount of additional liquidity in the Greek banking is almost 1.5 billion euro and of public reserves 2.9 billion euro.

Tags: EconomyBanksATMs 60-euro daily limit
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