21.10.2022
Hellenic Bank on Thursday announced a number of changes to its banking services aimed at expanding the capabilities of the reception service, which in turn will help customers feel more comfortable using alternative banking channels. At the same time, from December 15, 2022, changes will be made to the procedure for providing certain services in the store.
According to the bank, cash deposits and withdrawals of less than EUR 500 will be made exclusively at ATMs, while deposits from third parties for any amount will not be accepted at cash desks.
Hellenic Bank clarified that the above applies to accounts of individuals, and foreign currency deposits over €200 will be made exclusively in stores where there are Cash360 machines. It was noted that the unprotected segments of the population, who are not able to use ATMs, will continue to be served as usual through the bank’s cash desks.
Additionally, from November 1, 2022, individual stores, information about which will be posted on the bank’s website, will now offer the following services: operations with foreign banknotes (purchase, withdrawal, deposit), as well as the issuance of checks in foreign currency.
“Hellenic Bank customers can be served through Cyprus’ extensive new generation ATM network 24/7 and perform daily banking operations such as free cash withdrawals and cash deposits with direct deposit to linked accounts or credit cards, checkable deposits, view their account balances to print their IBAN, and much more,” the bank said in a statement.
“The Bank would like to remind its customers that there is also the possibility of depositing checks through ATMs or a free check collection service (courier) from customer service offices (more than six (6) checks),” the bank added.
In addition, the bank said its customers can subscribe to its online channels without having to visit a store by filling out a simple online application and transacting using their personal online passwords.
Finally, the bank revealed that it has 11 Cash360 coin machines and 5 Cash360 note machines in select stores in Nicosia, Limassol and Larnaca, which offer the option to deposit large amounts of coins using a special code.
The Cyprus Agricultural Payments Organization (Koap) on Thursday announced that it had paid €299,469 to a number of eligible recipients, with 100% of the payments coming from European Union funds.
“Financial assistance is provided to Recognized Fruit and Vegetable Producing Organizations for activities aimed at ensuring production planning and its adaptation to demand, especially in terms of quality and quantity,” the organization said in a statement.
“Funding also aims to improve or maintain product quality, improve marketing, environmental action, crisis prevention and management and training, exchange of information on best practices (other than those related to crisis prevention and management), and increase access to advisory and technical services. help,” Koap added.
The Cyprus Stock Exchange (CSE) closed Thursday 20 October with a profit.
The overall Cypriot stock market index ended the day at 74.69 points, reflecting an increase of 0.11% from the previous trading day.
The FTSE/CySE 20 index stood at 44.81 points, up 0.09%.
The total transaction value was 67,479 euros.
As for the sub-indices, the alternative index rose by 0.13%, while the investment company index and the main index fell by 0.95% and 0.02, respectively. The hotel index remained stable.
Bank of Cyprus (+0.74%), Logicom (+1.76%), Salamis Tours (+2.56%) and Atlantic Insurance (+0.67%) attracted the highest investment interest.
