Greek banks eye higher charges for ATM inter-bank transactions; one report points to 3€ charge

Thursday, 30 May 2019 12:07
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Greek banks are expected to announce higher rates for inter-bank withdrawals from ATMs, with some reports pointing to an "astronomical" surcharge of three euros per inter-bank transaction.

The new rates are expected to be implemented within July.

Analysts point to yet another effort by Greece's thrice bailed-out banks to increase revenues and to better deal with the cost of maintaining a very large ATM network in Greece.

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