High charges for cash withdrawals with foreign-issued cards

ProtoThema / Bank of Greece

eKathimerini — Greek banks are charging holders of debit and credit cards issued abroad 2-3 euros every time they withdraw cash from an ATM.

The new commission fee came into effect at the end of July and was immediately noticed by both tourists and Greeks who have accounts at banks outside Greece.

The banks notify the cardholder about the new charge with a message that appears when the person uses a cash machine.

Holders of Greek bank debit cards who use ATMs of a different bank are also charged between €1.30 and €2.20, depending on issuing bank and withdrawal amount.  Checking an account balance at different bank’s ATMs also carry a charge of 14 to 18 eurocents.