UK government: No guarantee to exchanging sterling for euros in Greece

The updated foreign travel advice by the UK government in relation to Greece specifies that “there’s no guarantee that you’ll be able to exchange sterling for euros in Greece.”

The Foreign Office document also notes the following: 

The EU Referendum held on 23 June delivered a clear vote for the United Kingdom to leave the EU. The Prime Minister has made a statement. In his statement, the Prime Minister reassured British people living in the EU, and European citizens in the UK, that there would be no immediate changes to their circumstances, and that there would be no initial change to the way people can travel. Until it leaves, the UK remains a full member of the EU. The period for exit, under the EU Treaties, is two years unless the other Member States agree to extend it.

The currency of Greece is the euro. When travelling outside the UK you should take more than one means of payment with you (cash, debit card, credit card).

Greece imposed capital controls on 28 June 2015 and there are still restrictions on some banking services in Greece. The Greek government continues to limit withdrawals using cards issued by Greek banks to €60 per day. However, these daily amounts can now be withdrawn cumulatively on a weekly basis.

You can withdraw cash using your UK card up to the daily limit imposed by the Greek banking system (usually €600), or the daily limit imposed by your card issuer – whichever is the lower amount. The system for paying with debit and credit cards for retail transactions continues to function.

There’s no guarantee that you’ll be able to exchange sterling for euros in Greece. There are no restrictions on taking unspent euros out of Greece at the end of your stay.”

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

 

 

 

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