Cyprus Withdrawals Limited To 300 Euros Per Day

[HuffingtonPost]

NICOSIA, March 27 (Reuters) - Cypriots will be unable to  cash cheques or withdraw more than 300 euros per day under  capital controls in place when the island's banks reopen on  Thursday, a Central Bank official told the Cypriot state  broadcaster.                

Yiangos Demetriou, head of internal audit at the Central  Bank, said the controls would allow unlimited use of credit  cards within Cyprus, but set a limit of 5,000 euros ($6,400) per  month abroad.

Via: HuffingtonPost