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Money transfer limit increases to €1 mn

13/03/2015 16:42
The 35th Decree on the enforcement of restrictive measures on transactions has been published today in the Gazette with the following significant relaxation:

The decree provides for an increase of transfer of deposits/funds outside the Republic, per person for each institution, from €50.000 to €1.000.000.

The decree will be effective for 21 days.

No change has been introduced in the 28th Decree on international banks.