Banks / Atm
from January 2002 the accepted currency unit in Greece
will ...is the EURO, as indeed in every participating
European Union county (apart from United Kingdom). Since
the EURO is a new "thing" for all of us, I will give
here some basic information, which I think it will be
useful to have.
EURO will circulate in banknotes of 500 (lilac), 200
100 (green), 50 (orange), 20 (blue), 10
(red), 5 (grey) EURO. All EURO banknotes of the
participating countries will look identical. They show
different architectural styles, with the emphasis on
windows, doors and bridges, which symbolise the
communication and cooperation between the Nations of the
European Community. The word EURO appears on the notes
in both the Latin and Greek alphabet.
Euro will circulate in coins of 1, 2 EURO, 50 lepta or
euro-cents, 20, 10, 5, 2 & 1 cent equal with 3 GDR.
One Euro has 100 cents and its equal to 340,75 GDR.
However the coins will be identical only on one side.
The other side will carry images, which are
representative of the national identity of each country.
Therefore in the case of Greece:
cent - Treiris - light boat of the Ancient
· 2 cents - Dromon - heavier boat with four
· 5 cents - Oil Tanker
· 10 cents - Rigas
Fereos - Hero of 1821
· 20 cents - Ioannis
Kapodistrias - First Governor of Greece
· 50 cents -
Eleftherios Venizelos - Politician
· 1 EURO is the
exact copy of the Athenian Fourdrachma of the 5th
Century B.C. depicting the classical owl, symbol of
· 2 EURO shows the abduction of Europa by Zeus
appearing like a bull
Irrespective of this difference they will be
equally accepted in every other participating country,
as indeed is their coin in Greece.
banking facilities in Vatera are not what you might
expect. There is no bank or cash point in Vatera at the
moment but concerted efforts are being made to change
Of course there is always the option of the Commercial
Bank of Greece in Polychnitos, (9 km away), where you
can exchange your travellers cheques, or foreign
currency and use the cash point if you wish. If you are
stuck for transportation, mention it to the
accommodation owner where you are staying. If they can
help, they will be glad to do so.
If you plan to visit Agiasos,
there is a Commercial Bank of Greece you can visit
9 am- 1 p.m.) Or you can use a cash
point, which is installed by the entrance of
Anagnostirion (library), just after the bus station on
Kalloni, Plomari and Mytilene all full of Banks of every
description, providing all possible banking facilities.
In conclusion you can find ATM machines at the following
Polychnitos, Agiasos, Kalloni, Skala Kallonis, Plomari,
Molyvos, Skala Eressos and Mytilene.
Generally speaking, don't expect to settle your
bills with credit cards. They are not widely accepted.
If they are accepted in some places, processing is very
expensive. CASH is the best policy.