Jovita Ambraziūnė, head of the Daily Banking Department at LCKU, has highlighted that cardholders often do not closely examine the terms and conditions of various payment cards. Regarding international transactions, she cautions that significant portions of funds can be lost when spending abroad, particularly due to currency exchange fees. While customers might assume the transaction amount is calculated solely based on the daily exchange rate, she notes that banks can sometimes apply additional fees.
In related financial discussions, the Lithuanian Central Credit Union’s subordinated bonds are mentioned, suggesting that the Credit Union may serve as a primary option for financing business ventures. Separately, discussions concerning the advancement of women in the workforce have identified key obstacles to professional careers. J.
Ambraziūnė also addressed support for entrepreneurs, noting that while the founders of the LKU are prepared to assist business owners, the success of these initiatives requires both trust and strong motivation. She advises that when planning for a holiday or making large purchases, individuals should be aware of the full cost structure, as your understanding of exchange fees is crucial. It is important to remember that thorough research into banking policies can prevent unexpected deductions from your funds.
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