As of now, the banks are still expected to open tomorrow; some of the details of the capital controls to be put in place have been leaked (via Phileleftheros):
*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 (Pluto Standard Time?); furthermore, talk is that carrying cash of over EUR3,000 across the border wil be banned.
Zero Hedge
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