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Well, they get a bank account and a debit card connected to that account. It's usually free/very cheap in Sweden. As far as I understand it, the 'underbanked'-
by occz 7y ago
Well, they get a bank account and a debit card connected to that account. It's usually free/very cheap in Sweden.
As far as I understand it, the 'underbanked'-situation present in the U.S. for poor people is not present in Sweden.
- concerned_user 7y agoIn europe in general debit accounts for residents are either free or very cheap, now if you are not a resident that is different story.
- hocuspocus 7y agoAlso people receiving any kind of welfare benefits in Europe need a bank account, there's no way they are unbanked.