Major Reform in Greece: ATM Withdrawals and Account Checks to Become Free

The Greek Minister of National Economy and Finance, Kyriakos Pierrakakis, announced a new set of regulations aimed at strictly limiting ATM fees across the country, according to Greek state broadcaster ERT.

Under the proposed measures, cash withdrawals from ATMs belonging to the same bank or any other bank connected to the DIAS system will be completely free of charge. For bank transfers, fees will be capped at 50 euro cents for transactions up to 5,000 euros.

...