Author Topic: Bank charges  (Read 824 times)

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Offline Maik

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Bank charges
« on: Saturday, 02 November, 2019 @ 03:02:46 »
Greek banks freeze plans to raise commission charges

Greek banks will freeze plans to further raise commission charges from November 1 for a number of services offered through ATMs, government sources said on Thursday.

National Bank will freeze a number of charges it had announced, such as a 15 cent charge on account reports from ATMs, banking sources said.

Gov't expects second wave of charge reductions by systemic banks, Georgiadis says

"Three systemic banks today and the fourth one on Monday will announce not only the suspension of planned charges on banking services but also reductions to charges already introduced," Development and Investments Minister Adonis Georgiadis said on Friday.

National and Piraeus Banks suspend selective customer fees at ATMs

National Bank and Piraeus Bank announced adjustments to their transaction fees on Friday, following a call by the government to either cancel or suspend them.

In a statement, Greece's largest bank, National Bank, said that it would return fees charged by use of ATMs of other banks in location when it did not have either a branch or an ATM. It also said it would not apply a fee for printing out recent transactions, a choice available at ATMs, and it would cancel the fee for the reissuing and dispatch of a new PIN number to customers.

Taxpayers must boost card use or face fine

Taxpayers who fail to make online payments (by credit/debit card or e-banking) amounting to an increased rate of 30 percent of their declared incomes will pay a fine equal to 22 percent of the shortfall, Finance Minister Christos Staikouras told Skai TV late on Thursday.

He added that, as of 2020, the measure will apply not only to salary workers, pensioners and farmers, but also to freelance professionals and taxpayers who earn a living by renting out properties.

For example, a property landlord with an annual income of 10,000 euros will have to make online payments of 3,000 euros. If his online payments only come to 2,000 euros, the fine due will be 22 percent of the 1,000 euros of difference – i.e. 220 euros of extra tax.