Letter to Editor

Greek Banks Are From Hunger

To the Editor:

We have a couple of properties in Greece that we maintain from the United States. As with any business there are expenses that have to be made and we arrange payments through electronic

funds transfers. However, what we take for granted through years of paying via electronic funds transfers (EFT) in the U.S. is Byzantine in the Greek banking system. Two banks that I will not name, have multiple steps to pay, one uses a clicker that you have to input within a 120 second time limit. It’s a joint account and if person (A) is designated for the online service and is not available on the phone then person (B) is out of luck and will be refused assistance. Bank B has recently added an added layer by requiring some kind of ______-code registration. Same thing if the account holder that is declared at time of opening the account is not present, then the secondary account holder on the phone is refused further assistance. Bottom line: Don’t do business in Greece because of its Byzantine banking system. Sell everything in GRE and invest elsewhere if you’re living abroad.

Kosmas Patikoglou

Astoria, NY



To the Editor:What a disgrace that the government of Greece let the palace of the royals fall apart and then had to fix it up fast after the former king Constantine’s death.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.