Banks to open with £255 cash curb

Updated
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Euros

Banks in Cyprus are set to open for the first time in more than a week - with tough restrictions to prevent people from draining their accounts.


Cash withdrawals will be limited to 300 euros (£255) per person each day. No cheques will be cashed, although people will be able to deposit them in their accounts, according to a ministerial decree released last night.
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