In case of a crisis, Swedish and Dutch banks already appealed to citizens in December to withdraw money and keep it at home. This is only in case of a failure of banking systems or a cyberattack – reports Infor.pl.
Already in December, banks in the Netherlands and Sweden recommended withdrawing cash and keeping it at home in case of a crisis. This is due to the threat of cyberattacks, which may become more severe in 2025, explains Infor.pl.
Cash can come in handy
This year, the biggest concerns are so-called energy blackouts, when using ATMs or payment terminals may be impossible. It turns out that in Poland, too, it is worth preparing for such threats and having cash at home, just in case, and preferably in several currencies.
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How much money do you need for a rainy day?
Dutch experts recommend having 200-500 euros in cash, while in Sweden they recommend 170 euros, reports the telepolis.pl service. This is the estimated value of weekly expenses for basic needs. Although in Poland there are no top-down recommendations regarding cash reserves, experts recommend having around 500-1000 zlotys at home.
Storing money at home will allow you to be independent from electronic systems, have quick access to funds during a blackout or financial panic, and avoid fees for withdrawing money from foreign ATMs. Having cash also allows you to control your own spending more effectively.
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