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All reports tagged with: "restrictive measures"

Overseas transfer limit raised to €1 million

The Cypriot authorities have increased the limit on the transfer of deposits/funds outside the Republic to €1,000,000/month/person/credit institution, up from the previous €50,000/month.

Cyprus raises overseas transfer limit

The Cypriot authorities have eased the restrictions on the movement of capital overseas; individuals will be able to transfer up to €50,000 a month out of the country from Monday 16th February.

Capital restrictions eased

The Cypriot authorities have eased the restrictions on capital movement imposed in April 2013 following the bailout crisis; individuals may now transfer up to €10,000 a month out of the country.

Cyprus relaxes most domestic capital controls

The Finance Ministry said in a statement Friday that a prohibition on cashing checks as well as caps on domestic transactions and payments that don’t require central bank vetting have been removed.

Restrictive measures road map unveiled

The restrictive measures on the movement of capital that Cyprus introduced in March could remain in place for a year or two and will only be removed gradually to safeguard financial stability.

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