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Important Announcement from Swedbank on Changes in Card Terms and Cash Deposit Limits

Swedbank representatives distribute an important announcement to all their customers! Finally! Swedbank representatives emphasize that absolutely everyone should read this.

Swedbank’s operations are organized by the central management, which controls six structural units – Swedbank in Sweden, Swedbank in the Baltics, Swedbank’s financial market, General Services, Swedbank’s international operations and Swedbank’s asset management and insurance.

Swedbank representatives say that they are constantly improving their services, so they want to inform about some changes in the terms of use of debit and credit cards, which will make the use of cards even more convenient and safer.

At the same time, representatives inform that from October 1 this year, a new monthly limit for depositing cash at an ATM will come into effect – a total of 5,000 euros (previously 6,000 euros), regardless of the number and type of cards linked to the account.

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The changes are related to the control of the risks of cash transactions, as well as the tendency of recent years to reduce the use of cash on a daily basis – our data shows that only a little more than 1% of our customers tend to deposit an amount that is greater than the new monthly limit into ATMs per month.

2023-06-29 09:20:21
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