ATMs will be equipped to become operational by 12 noon today. Of course, it will apply the reduction of 60 euros. Tsismosaonline.com team answer critical questions such as: what will apply for pensioners? What about their joint accounts? How exactly will apply the threshold of 60 euros?
It is clear-and the content of the Act but also by the responses that effort will be not affected pensioners and tourists. For the first PNP says: "The payment of pension is exempt from banking restrictions hereof. The management of credit institutions shall communicate the arrangements for payment of pensions and the specific area per branches, which will work for this purpose. " So expected instructions from banks. For tourists, it becomes clear that for cards issue abroad no limit comes. Also, it becomes clear that credit cards, debit cards and the Banking Web will operate normally.
Specifically, the questions and answers are as follows:
What about pensions? Subject to restrictions (pp 60 withdrawals per day, etc.)
No. the payment of pensions exempt from banking restrictions hereof. The management of credit institutions will announce its mode of payment. To be announced list of branches that will serve pensioners and will be announced and the process. Probably within a day.
What about debit, credit and prepaid cards?
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, phonebanking). Prepaid cards (prepaid cards) can be used up to the limit that existed before the start of bank holiday.
What about tourists?
The foreign tourists will be able to make regular cash withdrawals from ATMs with their cards, if issued abroad. There will be no limit.
And if there is any urgent transaction that involves money transfer abroad (eg for health reasons?)
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).
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 secured support Maximos Mansion and continues "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 €.
If an account has more holders of what is true?
Accounts with more beneficiaries more cards the daily limit is 60 € 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 has 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, phonebanking, or from 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, phonebanking, or from 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, phonebanking, or from 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.
The salary will be paid properly?
Yes, if the employer pays the payroll electronically.