Foreign cardholders exempt from daily €60 Greek ATM limit

MARKETING GREECE has published a statement saying people planning to visit #Greece in the coming days and weeks should be aware that the daily €60 (£42.50) ATM withdrawal limit at Greek banks does not apply to withdrawals made with credit and debit cards issued abroad,. The daily withdrawal limits for these remain unchanged.

Visitors would, therefore, be able to use their cards as they would during any other visit to Greece, either at ATMs or through transactions at hotels and shops and for services.

In a statement on June 29, Greece’s tourism ministry said:

“The measures the Greek government has imposed, limiting the movement of capital within the country, do not affect those who wish to make cash withdrawals from ATMs or carry out bank transactions with debit and credit cards that have been issued abroad. 

“It should be noted that the country has ample fuel supplies and access to the products and services required to ensure that visitors to Greece’s urban centres, rural areas and islands fully enjoy their stay.”

The British Government’s advice for visitors is to take extra cash just in case they find ATMs empty or closed, or shops and restaurants unwilling to accept card payments.

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Be ready for Greek cash crisis, British tourists warned

PLANS to assist British people on holiday in #Greece are being made as the country moved closer to bankruptcy and exit from the #eurozone, the Daily Mail reports.

Tourists have been advised to take enough euro notes to cover emergencies in case Greek banks close cash machines. The Foreign Office advises them to take ‘enough money to cover emergencies and any unexpected delays’, and to avoid relying solely on credit cards or ATMs.

It came as Greece’s prime minister Alexis Tsipras refused to implement further austerity measures needed to unlock emergency funds to avoid a debt default.

British government sources said ‘contingency planning’ was under way involving ministers from across Whitehall departments. Experts believe the threat of a Greek default could lead to a run on the banks, which could result in cash machines being left without money or being turned off. There are also fears the situation could spark civil unrest.

UK officials have held talks with tour operators, who would have responsibility for getting stranded British tourists home. A source said they are also making sure they have the resources in place to provide consular assistance to British nationals who might get into difficulties.

See also previous blog posts on this matter
http://goholidayworldwide.blogspot.co.uk/2015/05/take-cash-greece-bound-travellers-told.html

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