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Announcement about foreign payments made to beneficiaries holding bank accounts in the Republic of Cyprus (Cyprus)

Dear Sirs,In view of the current economic instability in the Republic of Cyprus, BRE Bank SA advises you to pay special attention to foreign payments made to beneficiaries holding bank accounts in Cyprus.Under the current circumstances, such foreign payments may be: delayed by intermediary banks or beneficiary's banks, returned by intermediary banks or beneficiary's banks. Therefore, caution should be exercised when settling your obligations towards beneficiaries holding their accounts in Cyprus.

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SME and Corporates