Straticator
MetaTrader 4
Vertex FX 10

Cypriot Capital Controls

Cypriot capital controls will be in place for 7 days, starting Thursday and apply to all accounts irrespective of currency or if the bank is part of the bailout agreements:

Suspension of cashing cheques, allow check deposits

All card transactions are capped at €5,000 per person, per month

A ban has been imposed on leaving the country with more than €3,000 per person

Interestingly an exception is for student tuition payments, though these are payments which happen usually termly or quarterly. These capital controls are only in place for 7 days…


EURUSD currently trading 1.27712

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