The new provisions on cash withdrawals, which had been announced in a legislative act on capital controls in early August, become applicable as of September 1st, 2017. As stated in the latest announcement by the Hellenic Bank Association, as of 1.09.2017 bank account holders may withdraw up to 1,800 euros as cash per month, either with one or more transactions; until late August, the limit was 840 euros cash every two weeks.

Translation: Eleni Gogou