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Fintech solutions can make payments more efficient
29/10/2020 -Over the last decade, a number of technology companies – known as Fintech companies – have become established on the payment market in Sweden. Several of these have introduced new, convenient ways of paying and have thus helped make payments in...
It is expensive if the recipient wants cash
29/10/2020 -Cross-currency payments, via institutions such as Western Union, for example, can be convenient and are occasionally the only solution if the recipient does not have a bank account. Payments of this kind are often used when guest workers and...
The Riksbank will presumably have greater responsibility for cash
29/10/2020 -At the end of last year, a new Sveriges Riksbank Act was proposed. According to the proposal, the Riksbank is to have overall responsibility for access to cash across the entire country. Among other things, this means that the Riksbank has the...
Dialogue on future cash handling
29/10/2020 -The Riksbank has opened a dialogue with relevant parties in the cash supply chain to discuss the form of future cash distribution and which allocation of roles between the Riksbank and other actors would be appropriate. These discussions have...
The banks too will have a broader responsibility
29/10/2020 -Even some of the larger banks will be given greater responsibilities regarding cash. At present, they are responsible for ensuring that cash withdrawals and deposits of daily takings function. In November 2019, the Riksdag adopted an amendment...
Payments in peacetime crisis situations and heightened alert
29/10/2020 -One of the Riksbank’s tasks is to promote a safe and efficient payment system. According to the proposed new Sveriges Riksbank Act, the Riksbank shall have a planning and control responsibility in relation to those private enterprises that are...
Sector responsibility for the financial sector
29/10/2020 -At present, the financial sector does not have a designated public authority in charge of leading the financial sector's planning for total defence or for coordinating operations in a critical situation. However, the Civil Defence Inquiry has...
Cooperation with the ECB for instant cross-currency payments
29/10/2020 -The increased international interest in cross-border and cross-currency payments has led the ECB and Riksbank to plan to investigate the possibility of using the ECB’s TIPS platform to implement instant payments between European currencies such...
Auction result 2021-03-23
23/03/2021 -Auction results of Riksbank certificate sale Auction Auction results Auction date 2021-03-23 Start date 2021-03-24 Maturity date 2021-03-31 Interest rate, % 0.00 Offered volume, SEK bn 380.0 Total bid amount, SEK bn 1867.3 Accepted...
Auction result 2021-04-13
13/04/2021 -Auction results of Riksbank certificate sale Auction Auction results Auction date 2021-04-13 Start date 2021-04-14 Maturity date 2021-04-21 Interest rate, % 0.00 Offered volume, SEK bn 380 Total bid amount, SEK bn 1906 Accepted...