Originally Posted by adultmobile

Final Cyprus deal:

None of the measures will affect desposits below ?100,000. Except the temporary withdraw limits (not yet defined, for the moment at 100 eur a day for ATM).
Note that deposits below ?100,000 of Popular Bank of Cyprus (Laiki) will be moved to the Bank of Cyprus, the "good bank".

For deposits with ?100,000 or above, it depends on what bank:

1) Popular Bank of Cyprus (Laiki) ones will be frozen and used to resolve debts (levy: early official was 40%+, informed bloggers say 90%), and the bank will be closed, all employees fired. This was the second largest bank, the "bad bank".