What You Can and Can’t Do Under Greece’s Capital Controls

How Is Greece Shutting Banks Impacting Business?

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Greece decided to impose capital controls in the early hours of the morning on Monday. Also, Greek banks will be closed for a few days and are scheduled to reopen July 7. As the Cyprus precedent shows, the reopening of banks will largely depend on whether an accord with creditors is in place.

The capital controls will limit what you can and can’t do if you live in Greece or are just visiting. Here are responses to questions you might have.