Caretaker govt to loosen intl E-shop transactions

Paypal, E-bay previously ‘verboten’ for Greek bank account holders

Greece is slowly extricating itself from a … North Korean-style banking environment as a looming ministerial decision, by the caretaker government, envisions a further relaxation of capital controls, imposed in late June by the previous SYRIZA government, with the signatures of ex-PM Alexis Tsipras and his FinMin, Yanis Varoufakis.

Amongst others, Internet purchases via international e-shops, such as ebay, Paypal, Money Transfer etc., will be allowed for Greek bank account holders.

Conversely, the 420-euro weekly limit on cash withdrawals will remain, for the time being. Bank transfers for purchases within the country are allowed, and growing rapidly.