Your code card will become a souvenir

From 1 September 2019 code cards will no longer be used to log in to the Swedbank Internet Bank and carry out other banking operations.

In order to make this process of code card elimination smooth and unhurried, we will gradually limit code card functionalities until September 2019. They can no longer be used to log in to the Swedbank app, and the day limits for transfers authenticated by code cards will be shortly decreased.

This means that the amount of money transfers to be authenticated by a code card will not be able to exceed the following day limits:

  • From 7 March 2019 – EUR 100 per day
  • From 18 April 2019 – EUR 50 per day
  • From 30 May 2019 – EUR 30 per day

We have taken measures in order to assure that these changes do not cause any inconveniences for you, and we encourage you to start using a smart and free-of-charge login tool “Smart-ID”.

These changes take into account the significant increase in the use of e-banking by customers and the associated need to use only the most up-to-date and secure security standards for customer identification. A further focus on this area is the introduction of higher security requirements in the Payment Services Directive (2015/2366), which will enter into force next September. At present, using part of the code cards, additional SMS codes need to be confirmed, making the process longer and less convenient. In order to ensure that the code cards in the future provide the security level we want, additional security solutions should be introduced that would make complications and prolongation of connection and approval of operations even more difficult.

What should you do if you cannot download and use “Smart-ID”?

It is important to know that you will not be able to download and use “Smart-ID” if:

  • You do not have a smart phone and do not intend to buy it;
  • You are under 6 years of age;
  • If you do not have a Lithuanian personal number.

In this case, you should replace your code card with a code generator. We recommend not to wait until code cards become void next year and replace them with another login tool as soon as possible.

Standard price for the issuance of the code generator for private clients – EUR 8.69

Code generators to users of the “Swedbank” Service Plans of the “Youth Programme” and the “Senior Programme” and users of the Service Plan “Basic Payment Account Service” are issued without any additional charges.

Standard price for the issuance of the code generator for corporate clients – EUR 8.69

Users of any Service Plan called “Business” is issued a free-of-charge code generator.

You may obtain a code generator in the nearest branch of “Swedbank”.

Register on-line and arrive to the chosen subdivision of the bank at the time most suitable for you.
Register

Keep in mind that you can login to our Internet bank and mobile application by using mobile signature and your ID card. More information on these tools is available in the Internet bank here.

Should you have any questions or uncertainties regarding the end of use of code cards and replacement thereof with other tools of login, contact us by calling 1884 or via e-mail: info@swedbank.lt. We will readily help and advice you.