Riksbank: everyone should be able to pay in cash
Bank welcomes government report calling for payments in physical currency to be facilitated
Sweden’s central bank has said that “concrete political decisions need to be made to preserve the possibility of paying with cash”.
In a press release today (May 19), the Sveriges Riksbank welcomed the findings of the government’s December 2024 report into cash’s diminishing role in the country’s economy.
The report found that many banks only aimed to meet the minimum requirements of a law passed in 2021, which obliged lenders to provide “basic services” in physical locations where individuals and
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