The Bank of Greece today announced changes in the capital control restraining orders, which help more the greek companies having interstates transactions.
The new development are:
Transfer of funds using debit, credit and prepaid cards abroad for cross-border payments
It is clarified that now it is permitted the use of cards for purchasing transactions and payments:
A. Via Internet or Telephone to enterprises (e-shops) abroad except for the following categories:
– Clothes and footwear
– Home Furnishing
– Electronics / equipment
– Cosmetic
– Financial services (transfer money abroad)
– Works of art, auctions, pawnshops, stamp collections / coin
– Gambling, betting companies and video games
– Jewellery, watches and silverware shops
– Telemarketing services
– philanthropic organizations
– Dating services
B. In physical stores abroad except the categories of traders associated with handling money like: Securities-Brokers / Dealers, Gambling Transactions, Money Transfer, etc
