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The new decree of Cyprus Ministry of Finance control over the movement of funds

The new decree of Cyprus Ministry of Finance control over the movement of funds

02.09.2015
Tags: Economy, Banks

In accordance with the decrees of the Ministry of Finance of Cyprus, the State capital controls remain unchanged for another 21 day.

25-th decree on domestic banks and 16 decree on foreign banks entered into force, 20 January and will be valid for 21 day.

The last time the capital constraints have been weakened by the Ministry in November, then an opportunity to open current accounts for service credits, which can also be used by clients for continuous use, but not for the deposit.

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