Coins: 5c, 10c, 20c, 50c, 1€, 2€ (1c & 2c coins are not used in Finland, but can be used for payment).
Notes: 5€, 10€, 20€, 100€, 200€, 500 €.
Money can be exchanged at banks or local exchange places.
Bank and credit cards are commonly accepted, even in smaller stores. When paying with cash, it is worthwhile to use bills under 50€ as many shops do not accept bigger bills for small purchases.
Bank and credit cards are commonly accepted, even in smaller stores. Cash is generally needed on public transport and in market places. Credit card terminals are, however, constantly increasing in popularity, so one can almost manage on a daily basis simply by using one’s bank/credit card.
Online banking is the most common way of paying bills. Invoices can also be received electronically as e-invoices directly to online banks. Banks also have their own terminals from which invoices can be paid.
In practice, foreigners can open a new bank account in Finland just as Finns can. According to Finnish law, banks need to be able to identify its customer, which can cause certain obstacles in the case of foreigners. In addition to personal identification and address details, banks often also require a social security number. Some banks may also require a work permit or letter of recommendation from a reliable foreign bank and an explanation of the intended use of the account.
In addition to Finnish and Swedish, most banks offer service in English.
Generally no, but it also depends on what services you need.
10:00 a.m. – 4:30 p.m.
Yes. Bills available are 20€ and 50€ only. ATMs are commonly indicated by yellow signs reading “Otto.” (spelled with the period). There are some 1700 Otto. ATMs all over the country. Otto. ATMs provide services in English, Swedish or Finnish, according to your selection.
There are two separate slots. The blue one is for international (EMV) standard chip cards. The yellow one is for non-chip cards that only have a magnetic stripe.
It is always good to have some cash for urgent situations but, in general, credit cards are accepted everywhere. At smaller sales stands (such as ice cream stands) or at the local market, it’s generally worthwhile to check if credit cards are accepted or not, as one easily becomes accustomed to using cards everywhere.
Crown Relocations has made every effort to present accurate information. However, regulations, rates and other variables are subject to change and Crown Relocations cannot accept responsibility for the errors that might result. Please contact your closest embassy or consulate for confirmation.