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Sweden's ATMs to be run by one company

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Sweden's ATMs to be run by one company
07:40 CEST+02:00
All of Sweden's Automatic Teller Machines will soon be available to all banking customers and will be run by one company, which is promising a more user-friendly and consistent model together with all the services customers already have.

Bankomat, a Swedish company, will be taking over all the 2,220 ATMs in Sweden this year. The company has promised transactions to run more smoothly than they currently do, with many customers seeking out machines from their own banks to make withdrawals.

"The customers get access to all the services that the card-providers offer in all our ATMs nationwide, regardless of which bank you're a member of," Stefan Bergelind, the CEO of Bankomat, told the Dagens Nyheter newspaper.

"We've also made the machines more accessible for people with disabilities. The machines will have a speaking function, among other things."

The new ATMs will recognize which bank the customer belongs to and accordingly print a detailed statement, something which has so far been impossible when using other banks' machines around Sweden.

Customers will also be able to make account transfers, change PIN, and make cash deposits.

Bankomat AB is owned by Danske Bank, Handelsbanken, Nordea, SEB, Swedbank and Sparbankerna.

TT/The Local/og

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