Fewer 1 and 2 cent coins in your pockets and wallets from December 1st Rounding will be mandatory for all cash payments

Posted on 30.11.2019

Financial institutions, Private Banking, Investments

The total amount payable in cash is rounded up or down to the nearest 0 or 5 cents, depending on the case.
 
• If the total amount payable in cash ends in 1 or 2 cents, it is rounded down to 0 cent.
• If the total amount payable in cash ends in 3, 4, 6 or 7 cents, it is rounded to 5 cents.
• If the total amount payable in cash ends in 8 or 9 cents, it is rounded up to 10 cents.
 

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