Peter Lee: "Foreign Bank cards are subject to their own national limit. So, no need to Panic"
From the Greek Press, Capitol controls announced, banks closed till 6th July. ATMs will be operational with 60 euro a day withdrawal. Foreign Bank cards are subject to their own national limit.
So no need to panic, makes sure everyone has a chance of getting some money out. Don't draw unless you absolutely have to, that way, the tourists will be able to get some money too.
Talks will be ongoing between the EU and Greece up until the referendum.
So the Banks may open sooner than 6th. So on a positive note, Greece may well get offered some debt relief and stay in EMU.
Peter Lee
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