National and Alpha slash commissions

National Bank and Alpha Bank are reducing commissions in selected categories of transactions.

The reductions also include the charges for direct remittances - i.e. those executed in real time - for which both National and Alpha announced the commission reduction up to a certain amount.

However, it should be noted that individuals can transfer money from bank to bank up to 500 euros per day through IRIS free of charge. More than 3 million individuals have already activated IRIS (person to person) and the number of those using the service is increasing daily.

With regard to the reduction in charges announced by National, they come into effect from September 20 and concern: reduction of bill payment commission, through ATM and APS using card, by 50%; zeroing of prepaid card discharge commission from €2; reduction of commission for instant payment via internet and...