Anger over Bank of Cyprus raising charges on transactions

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Anger over Bank of Cyprus raising charges on...
Added: 07-08-2018 09:15

Bank of Cyprus clients have voiced disapproval over significant increases in charges on transactions introduced from 1 August.

The array of fee hikes follows those of Hellenic Bank implemented in March.

BoC is believed to be looking for ways to enter the digital era and to cut costs by promoting online transactions.

It has virtually raised all charges on transactions made at its branches, with a typical example being the introduction of a charge on cash withdrawals made with the assistance of a bank cashier. Cash withdrawals at the till are now charged up to €2.

Bank of Cyprus has also introduced a fee...




Anger over Bank of Cyprus raising charges on transactions


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