Athens, June 29 – On Monday, June 29, 2015 banks will be closed until Monday, July 6, in accordance with relevant PNP published in the Government Gazette. Deposits are fully secured, as he and the Prime Minister himself. Here you will find all the answers to questions and questions about this difficult period, which recommended temper and patience.Also, tourists will not have any restrictions on the use of their cards .

The payment of pensions exempt from banking restrictions hereof. The management of credit institutions will announce its mode of payment.

Electronic transactions within the country will not be affected. That is, you are normally conducted all transactions using a credit or debit card and other electronic means of payments (web banking, phone banking).Prepaid cards (prepaid cards) can be used up to the limit that existed before the start of bank holiday.

At the same time, by noon on June 29 will operate a daily ATM withdrawal limit 60 €  per card, corresponding to 1.800 € per month. The foreign tourists will be able to make regular cash withdrawals from ATMs with their cards, if issued abroad.

It sets up special Approval Committee Banking, the General Accounting Office in cooperation of the Ministry of Finance, the Bank of Greece, the Greek Banks Association and SEC. This Committee will treat requests for urgent and necessary payments, which can not be satisfied with the cash withdrawal limit or via electronic transactions (eg payments to abroad for health reasons).

The salaries paid electronically through bank accounts have no problem.

Questions and Answers

For the information of citizens shall be indicative list of answers to frequently asked questions.

What does a bank holiday?

Bank holiday means that all banks will be closed for a few days.

When will the banks open again?

Banks will reopen Tuesday, July 7.

I may lose my money or “haircut” my deposits?

Deposits are safeguarded. The Greek banks are solvent and have recently successfully passed the evaluations of the European Central Bank.

While it lasts, the ATMs will be open?

The site will be opened no later than noon Monday, and will remain open during the short bank holiday.

How much money will I get from the ATM?

The daily withdrawal limit is 60 – per card.

If on one card connected more accounts that apply?

In cards with more online accounts daily limit is 60 euros.

If an account has more holders of what is true?

Accounts with more beneficiaries more cards the daily limit is 60 euros for each card holder. For example in one account with two beneficiaries who have a card, the daily limit is 60 € per card, ie 120 € for the account.

If an account is a beneficiary but more linked debit cards that apply?

In this case the daily limit of 60 € in total respect all cards. For example, an account with a payee and two connected cards have daily limit of 60 €.

Can I withdraw cash with my credit card?

Cash withdrawal by credit card is done by the daily limit (60 €). This transaction bears interest rate and fee established by the contract with the bank that issued the credit card.

Will I be able to make current account overdrafts or consumer loan account?

Overdraft is based on the daily limit if allowed by the contract with the Bank.

Will I use my credit or debit card to make purchases?

Credit and debit cards can normally be used for purchases in Greece, until the threshold of my contract with the Bank.

Will I use my credit or debit card to make purchases online?

Credit and debit cards can normally be used for purchases from online stores that maintain Greek bank account.

Will I be able to pay with a prepaid card (pre-paid);

Payments with prepaid cards will be up to the limit as before the adoption of legislative act. Prepaid cards can not be recharged, and will not be issued new ones.

Will I be able to transfer money via the internet / web banking, or by phone (phone banking, etc.)?

Money transfers via Internet or phone will be normal if the account to which the money is transferred to Greece.

I can make payments via internet / web banking, or by phone (phone banking, etc.)?

Payments via internet or phone will be normal and unlimited if the account to which the money is transferred to Greece.

What will apply for permanent payment orders (utilities bills, loan, rent)?

The standing payment orders will be executed properly, they concern payments to accounts in Greece.

Can I make interbank payments?

Interbank payments are made correctly, if they concern payments to accounts in Greece.

What if I can not pay my bills / the IRS / my loan etc?

These payments will be made electronically via web banking, phone banking, or ATMs. In any case if payments are not made, it will be due interest on arrears.

If there are delays in payments to the State or banks within set doses, there will be loss of regulation?

These payments will be made electronically via web banking, phone banking, or ATMs. In any case if payments are not made, there is no loss of regulation.

I risk to lose my insurance policy (car insurance, health contracts)?

These payments will be made electronically via web banking, phone banking, or ATMs.

How will I be able to send remittance abroad (transfer students, money for health reasons)?

For this case will be the competent Committee for Banking Transaction Approval at the General Accounting Office.

Credit foreign bank cards will be used properly?

Credit and debit cards of foreign banks if issued abroad will be used properly. For credit and debit cards of foreign banks issued in Greece applies whatever for cards of Greek banks.

Pensions will be paid properly? I can get my money?

Pensions will normally be credited to the accounts. Withdrawals will be made based on the daily limit.

The salary will be paid properly?

Yes, if the employer pays the payroll electronically. “