Now, IN Feimaņu parish, cash with Swedbank card can be removed

A new service is now available in Rēzekne municipality, Kafers ko, and cash withdrawals with Swedbank card are now available. Swedbank offers a service - a customer with his bank card can cash cash in the store (similar to how to pay for a purchase). Such trading venues can also be recognized by a special label on the shop door.
In Latvia, people are increasingly paying with bank cards – 77% of all transactions with Swedbank cards are already billing, not cash withdrawals. However, in the day-to-day business of private individuals, cash is still needed. In many places where there is no atm, there is now an alternative to removing small amounts from your account. Companies, while offering such a solution to their customers, also reduce their costs for inscription.
A list of all places where such a service is available can be found on the Swedbank website, under “contacts”.
How is cash disbursed in trading venues?
Cash withdrawals are presented as a separate transaction before or after shopping at the trader. The minimum cost is 1 euro cent, a maximum of 75 euros.
The Customer has the right to perform several successive cash withdrawals. Money can be paid in both banknotes and coins. Each transaction is subject to the commission fee laid down in the bank price list. The trader has the right to refuse the payment of cash if it is not possible to ensure that it is executed, for example, there is no adequate cash in his cash.
Although the cash withdrawals are paid by the Commission (EUR 0,71), it outweighs time consumption and transport costs if the person is only travelling after cash to a atm.
Other information: Christine Jakubovska
Swedbank Communication Direction Manager
Tel. 67444560,
email: kristine.jakubovska@swedbank.lv