Relaxation of capital controls in Greece scheduled for September 1

Written by on August 30, 2017 in Europe - Comments Off on Relaxation of capital controls in Greece scheduled for September 1

Starting from September 1, capital controls in Greece are being relaxed, with the new limit on withdrawals with from ATMs to be set at a cumulative withdrawal of 1800 euro a month for each account.

The relaxation of restrictive terms also includes new measures for companies and freelancers and it will be possible to open a bank account by creating a new customer code.

Also, professional farmers will be able to open a bank account if another account is not already in place.

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