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Banks will not be opening in Greece on Monday morning.

If you didn't get your money out of Greek banks already, it's too late. Lisa Pollack of the FT tweeted two photos showing what happened when a friend tried first to withdraw €100, then went to another machine to try withdrawing €40.





From BBC coverage of the bank closure:
Greek banks are expected to stay shut until 7 July, two days after Greece's planned referendum on the terms it had been offered by international creditors for receiving fresh bailout money.

Greece's capital controls
  • A maximum of €60 (£42; $66) can be withdrawn from an account in one day

  • Overseas transfers of cash prohibited, except for vital, pre-approved commercial transactions.

(no subject)

Date: 2015-06-29 03:50 am (UTC)
From: [identity profile] r-ness.livejournal.com
(I actually have some drachmae left, but I bet they won't use the same notes and I'm sure what I have has been devalued into nothing anyway.)

From http://www.bankofgreece.gr/Pages/en/Euro/drachma.aspx:

"The period during which the Bank of Greece exchanged drachma banknotes for euro expired on 1 March 2012."

There is a third-party dealer offering a really crappy rate on line, if you really care to change them: http://www.leftovercurrency.com/banknotes/greece/greek-drachmas.php

Any new currency (if any) which is introduced will unquestionably use different notes. You might have a small chance with the old coinage. Countries from Suriname to Zimbabwe have reintroduced old coins after changing their currencies but it's not at all common.

(no subject)

Date: 2015-06-30 12:25 am (UTC)
From: [identity profile] frotz.livejournal.com
Hey, if they keep the coinage, 2 drachmae will always be worth $0.25!

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