Pay in advance the loan instalments maturing between June 30 and July 3 and stock up on cash to avoid any nuisances caused by the ATM and POS shutdown. This is the clear message sent to clients by the big commercial banks these days, before the shift to the new ROL, the RON.
"BCR recommends that, for the loan instalments due between June 30-July 3, the payment should be made until June 29," reads a release of Romania''s biggest bank.
In its turn, Raiffeisen Bank "advises the clients scheduled to pay their loan instalments between June 30-July 1 to make sure they have enough money in their accounts, to avoid penalties."
BCR and Raiffeisen also recommend their clients to stock up on cash to be able to meet all of their planned and unexpected financial needs, during those days when the card system is going to be shut down.
Those who are used to pay their loan instalments, bills or mobile phone cards through ATMs should be aware that this service will be unavailable in the BCR network for two whole days: starting Wednesday, June 29, 08.00hrs, until Friday, July 1, 08.00hrs.
BCR''s more than 920 ATMs will be completely shut down (meaning customers will not even be able to withdraw cash) starting Thursday, June 30, 08.00hrs until Friday, July 1, 08.00hrs, at the latest. During the same interval, no card payments will be made in stores, as the POS network will be shut down.
The bank also informs that ATMs will be reconnected gradually, starting July 1, 00.00hrs.
Raiffeisen Bank will also shut down the card system, for 24 hours at most, starting Thursday June 20, 10.00hrs.
Starting Friday, 08.00hrs, some 200 BCR ATMs will start issuing new bills - 10 RON (the equivalent of 100,000 ROL) and 50 RON (the equivalent of 500,000 ROL). razvan.voican@zf.ro
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