Long queues have been formed outside of the nearly 1,000 banks that will open so that pensioners without bank cards may withdraw up to 120 euros from their pensions.
In a late night decision, Alpha Bank, Eurobank and the National Bank announced that they would serve customers on an alphabetical basis, while Piraeus Bank will serve customers on “first come, first serve” basis.
The Ministry of Finances has posted a list of banks that will open on Wednesday until Friday for the pensioners. Aside from withdrawing 120 euros, pensioners will also be able to have cash cards issued so that may withdraw funds from ATMs.
At first the Ministry was considering to allow pensioners to withdraw 240 euros, however due to the panic caused by the introduction of capital controls on Monday cash reserves have been dwindling and a lower cap was decided.
