Cyprus banks to open with €300 cash curb

Banks in Cyprus will open today for the first time in more than a week – with tough restrictions to prevent people from draining their accounts.

Cyprus banks to open with €300 cash curb

Banks in Cyprus will open today for the first time in more than a week – with tough restrictions to prevent people from draining their accounts.

Cash withdrawals will be limited to €300 per person each day. No cheques will be cashed, although people will be able to deposit them in their accounts, according to a ministerial decree released last night.

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