Daily limit to IRIS transactions doubles to 1,000 euros

The daily transaction limit via the IRIS interbank payment system will increase next year to 1,000 euros, from €500 today.

This is donevia a limit of up to €500 per day for the amount that an individual can send money to another natural person (person to person, P2P) and another €500 for the payment of services by a freelancer (person to business, P2B).

The technical implementation of the separation of these limits, and their activation, is scheduled to be completed within the first half of 2025.

The Board of Directors of payments platform DIAS S.A. announced that, with the full support of its shareholders - the Bank of Greece and the Greek banks - it expresses its commitment to the continuous development of IRIS, the national account-to-account (A2A) payment product.

As stated, this support reflects the trust in the vision of DIAS and its members to...