Credit card

France, announcing fresh moves against terrorist financing, said on Nov. 23 it would target prepaid debit cards which it said were used in the recent Paris attacks.
 
"We will regulate more strictly the use of prepaid cards which were used in the November 13 attacks, in order to make it harder to remain anonymous," Finance Minister Michel Sapin told a news conference.
 

Transportations cards, which many Istanbul residents currently use to travel around the city, will soon also be used as debit cards for everyday purchases, according to a recent Istanbul Metropolitan Municipality (?BB) regulation.

Bulgaria's central bank on Friday warned of a scam involving potential misuse of personal data.

The Bullgarian National Bank (BNB) said that it has been tipped about unknown individuals making unsolicited phone calls, claiming to work as BNB employees and offering credit cards at preferential terms.

The volume of defaulted credit card and consumer loan debts reached 15.1 billion Turkish Liras ($5 billion) in July, according to figures from Turkey's banking watchdog. 

Defaulted credit card and consumer loan debts rose by 14.5 percent and by 20 percent, respectively, since the beginning of the year, according to data from the Banking Regulation and Supervision Agency (BDDK). 

The Turkish government plans to ease consumer loan conditions to revive the declining domestic demand just ahead of the upcoming elections, according to a report in daily Hürriyet.

n this vein, banking watchdog BDDK has been asked to prepare a revision to extend payment terms in consumer loans from 36 months to 48 months, sources said. 

Greek travelers will be able to take 2,000 euros (or equivalent in another currency) in cash, but the limit does not apply to foreign nationals.

Shipping companies can make cash withdrawals of up to 50,000 euros per day while abraod. A relevant banking committee can approve a daily limit for withdrawals so that the business needs of different companies can be met.

The Hellenic Bank Association (HBA) issued guidelines for capital controls in Greece. Here are 10 banking facts that borrowers should bear in mind:

Since the capital controls stormed into the everyday lives of ordinary Greeks it took us some time to adjust and find our footing. How to go about the mundane tasks of withdrawing some cash to visit the supermarket, or pay the private school for the kids etc. But to paraphrase the saying a little ‘necessity is the mother of inventiveness’.

Greek banks will remain closed until next Monday, with what comes next being anyone’s guess. The daily withdrawal limit remains at 60 euros per account.

While the Greek crisis won’t affect tourists, Greeks abroad – either on vacations or studying – are trapped as Greek banks interpret capital controls in different ways.