The network of ATMs grew five times for LHV clients

2. september 2019

Today, the joint ATMs of LHV and Luminor have received a new setup and appearance. All 125 ATMs of the joint network are now ready for free use by LHV Bank's clients.

"We opened the ATM network of LHV Bank four years ago. During that time, we have placed 25 ATMs across Estonia. The number of LHV Bank's clients has increased 2.5 times in that time and reached 180,000 customers. The expansion of the ATM network became increasingly necessary and more demanded by clients," said Chairman of the Management Board of LHV Bank Erki Kilu. "When we had the chance to replace Danske Bank in the joint network, we decided to immediately take this opportunity. As of today, an additional 100 ATMs in the joint network are available to our clients. A total of 125 ATMs cover the whole of Estonia."

In cooperation with Luminor, the withdrawal of cash is more accessible to LHV clients:

  • Free cash withdrawal was added in Võru, Rapla, Haapsalu, Paide, Kohtla-Järve, Kiviõli, Jõhvi, Saku, Saue, Tabasalu, Maardu.
  • Cash withdrawal opportunities improved in Tallinn, Tartu, Kuressaare, Narva, Rakvere, Viimsi, Viljandi, Pärnu.
  • In the near future, it is planned to additionally analyse the locations and usability of ATMs and expand the network even more by relocating some of the ATMs.
     
    Information about the ATMs ready to use for LHV Bank's clients is available on the LHV home page and mobile bank. LHV offers its clients free withdrawal of cash from its ATMs. A cash withdrawal charge of 0.3% of the amount is added to the sum that exceeds €3,000 per month. Cash deposits are free for LHV’s clients.
     
    While in the past, all LHV ATMs could be used for both withdrawals as well as the deposit of cash, with these new ATMs, it is worth observing which features are offered by a particular ATM.
     
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    LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. LHV employs over 420 people. LHV’s banking services are used by 182,000 clients, and pension funds managed by LHV have 177,000 active clients.
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