Banks to Conduct New Studies on Cash Management Due to EU Regulation

Banks in Greece will conduct new studies on cash management, responding to strict warnings from the European Central Bank (ECB).

The new European regulation is expected to affect how the public sector, banks, and merchants manage cash, as the ECB points out that the promotion of digital payments should not lead to the abolition of cash.

Banks will need to revise their policies regarding cash management to ensure citizens have unhindered access to it.