Thousands of customers are expected to visit banks in Cyprus as they open their doors for the first time in almost a fortnight.
Queues grew outside branches across the country, but there were no signs of panic as employees served customers from midday local time.
Cash withdrawals and other transactions are subject to tough restrictions, introduced by the country's Finance Ministry in an effort to avoid a run on the bank.
The country's crippled banking system was effectively closed down on March 16 while the terms of the controversial 10bn euro (£8.5bn) bailout were agreed and implemented.
Large depositors face losses of as much as 40% of their savings as part of the deal, leading to fears that customers would attempt to withdraw large amounts of money when the banks reopened.
As a result, strict capital controls include a withdrawal limit of 300 euros (£253) a day and a ban on cashing cheques.
Travellers leaving the country can only take up to 1,000 euros (£845), or the equivalent in foreign currency, with them in cash - significantly less than expected.
Police and security staff were deployed to maintain order at branches, and G4S employees worked to ensure cash machines were filled up overnight.
The giant global firm was the contractor that failed to meet their promises over security at the London Olympics prompting the British military to step in.
G4S's managing director in Cyprus, John Arghyrou, told Sky News: "I feel we have the resources, I feel extremely confident as a security company that we can undertake and meet the requirements of our customers."
Some 180 guards were deployed to banks across Cyprus to work alongside police officers and other security firms.
Mr Arghyrou added: "It is not really guarding it is assistance services ... but close co-operation with the police is essential."
With just 860,000 people, Cyprus has around 68bn euros (£57bn) in its banks.
This outsized financial system attracted deposits from foreigners but has struggled since investments in neighbouring Greece went sour.
people, you are responsible to keep and manage your own money. corrupt politicians and greedy bankers are doing the robbing and looting all over the world.
you have been warned again and again! if you think this kind of situation won't happen closer to home, think again.
the truth is out there. what you see and hear is what you must believe.
Brokerage fee amount by transaction value 1.
Trade online and settle your trade to a CDIA or CommSec Margin Loan 2.
Trade online and settle into a bank account of your choice.
Share Trades over the Phone 3.
CommSec Share Packs online 4.
CommSec Share Packs over the phone 4.
Trades requiring settlement through a third party 6.
1 For GST rounding reasons, the final brokerage fee may vary from the stated or expected brokerage fee by a couple of cents.
4 Normal brokerage will apply when a stock acquired through CommSec Share Packs is subsequently sold.
5 Amount per share will be noted as brokerage on each confirmation issued. There will be no substitution should a stock have a trading halt placed on it.
6 Includes third party Margin Lending, and where the Commonwealth Bank exercises its rights under the loan Terms and Conditions.
Other fees may apply. Please see the CommSec Financial Services Guide.
Open a CommSec Share Trading Account.
Buy and sell shares using a CommSec Share Trading Account with our cash account - with it you can seamlessly settle trades, transact and earn interest.
Buy and sell shares using a CommSec Share Trading Account with your existing bank account.
Frequently asked questions.
Shares held with another broker.
For the transfer to be successful the name and address registered on your issuer holdings must match your CommSec account.
Your request will be completed within 72 hours.
Shares held with the share registry To transfer shares held with the share registry into your CommSec Trading Account you need to complete an Issuer Sponsored Holdings to CHESS Sponsorship Transfer Form.
Your request will be completed within approximately 48 to 72 hours of receipt.
When you have bought and sold shares on the same day and the next trading day, your payment may be partially or wholly offset. For more information refer to the New Client Guide.