As of now, the banks are still expected to open tomorrow; and the Cypriot government/central bank has just released some of the details of the capital controls top be put inplace: *CYPRUS CONTROLS APPLY TO ALL ACCOUNTS, CURRENCIES *CYPRUS BANK CONTROLS INCLUDE CURBS ON CASHING CHECKS *CYPRUS BANK CONTROLS TO BE IN FORCE FOR 7 DAYS *CYPRUS CURBS INCLUDE BAN ON ENDING TIME DEPOSITS *CYPRUS CURBS TO INCLUDE PAYMENTS ABROAD So no outflows allowed to a foreign country (cough Russia cough) and for only 7 days (hhmm); furthermore, talk is that carrying cash of over EUR3,000 across the border wil be banned. (full story)