FAQ

Question
Rounding of cash payments
	For consumers
	From when does rounding of cash payments apply?
	Who must apply rounding?
	What is to be rounded?
	How is rounding applied?
	Why rounding is introduced? What is the purpose of rounding cash payments?
	Does rounding apply to the price of each good? Will the prices of all goods be rounded to the nearest 5 or 10 cents, e.g. the price of €0.99 to €1?
	Does rounding apply when goods are returned? Does rounding apply to refunds for services not provided, sub-standard services provided?
	If several goods purchased at the same time were paid for by a payment card, what is the amount to be refunded to a buyer who decides to return only one good and asks for a cash refund?
	Does rounding apply when goods are bought in?
	Does rounding apply to cash payment of invoices?
	Does rounding apply to cash payments for various services (e.g. utilities, telephone, internet, cable TV, insurance and leasing premiums, tuition, kindergarten fees, clubs, etc.)?
	Does rounding apply to cash payments for ride-hailing services?
	How is rounding done in the event of a non-cash payment?
	Does rounding apply to payments by payment card?
	Does rounding apply to payments made with gift vouchers (cheques, cards), money accumulated on loyalty cards, social cards?
	Does rounding apply to online sales?
	Does rounding apply to payments for meals ordered online?
	Is rounding applied to pensions and other social security benefits?
	Does rounding apply to salaries, daily allowances and posting expenses?
	Does rounding apply to taxes, tax-related amounts, levies, fines and other pecuniary obligations?
	Does rounding apply to currency exchange?
	Does rounding apply when depositing cash to a payment account or withdrawing cash from a payment account?
	Does rounding apply to cash remittances?
	Does rounding apply when depositing cash to a payment account or withdrawing cash from a payment account?
	How does rounding apply to premiums for reimbursable medicines?
	Does rounding apply to payments between legal persons?
	Can the buyer demand payment of the exact amount instead of a rounded amount?
	Can a buyer ask for a rounding of a non-cash payment?
	Where can I use an accumulated stock of 1 and 2 cent coins?
	With rounding, is the buyer entitled to pay for the purchase in 1 and 2 ct coins only?
	Can a retailer (service provider) refuse to accept 1 and 2 cent coins from a buyer when rounding?
	Can the change be given in 1 and 2 cent coins when rounding? In which cases?
	Can the buyer refuse to take change in 1 and 2 cent coins?
	Can change of €1 be given in 1 and 2 cent coins when rounding?
	Will 1 and 2 cent coins be abolished and no longer available for payment? Do I need to rush to exchange 1 and 2 cent coins? For how long will 1 and 2 cent coins remain in circulation? For how long will 1 and 2 cent coins be available for making payments and giving change?
	How is the amount to be paid rounded if the buyer wants to pay part of the amount in cash and part by payment card, or vice versa – part by payment card and part by cash?
	How is rounding applied when using accumulated loyalty points for payment?
	How is rounding applied when part of the amount is paid in gift vouchers (cheques, cards) or social cards and the remainder in cash?
	Will rounding increase prices?
	Will the plastic bags cost 5 cents because of rounding?
	How will consumer spending increase as a result of rounding?
	Where can I get advice on rounding?
	Which authorities monitor compliance with the Republic of Lithuania Law on the Rounding of Cash Payments?
	How will rounding changes be explained to people?
	Which services offered at Lietuvos bankas cash offices are subject to rounding?
	How is rounding applied when the buyer pays for goods/services in instalments (multiple payments)?
	In the case of online purchases, where the moment of payment is postponed, leaving the consumer the possibility to pay in cash at the time of collection of goods (without knowing, at the time of placing an order, which method of payment the consumer will ultimately choose at the time of collection), is the merchant obliged to provide the consumer with information on rounding before concluding a distance contract?
	Is rounding applied to repayment of credit or leasing?
	How is rounding applied when the buyer pays multiple invoices issued on different dates at the same time, and how many cash receipts must be issued? Should the amount of each invoice be rounded and three cash receipts be issued? Should the total amount of the three invoices be rounded and one cash receipt be issued?
	For merchants (service providers)
	From when does rounding of cash payments apply?
	Who must apply rounding?
	What is to be rounded?
	How is rounding applied?
	Why rounding is introduced? What is the purpose of rounding cash payments?
	Does rounding apply to the price of each good? Will the prices of all goods be rounded to the nearest 5 or 10 cents, e.g. the price of €0.99 to €1?
	Does rounding apply when goods are returned? Does rounding apply to refunds for services not provided, sub-standard services provided?
	If several goods purchased at the same time were paid for by a payment card, what is the amount to be refunded to a buyer who decides to return only one good and asks for a cash refund?
	Does rounding apply when goods are bought in?
	Does rounding apply to cash payment of invoices?
	Does rounding apply to cash payments for various services (e.g. utilities, telephone, internet, cable TV, insurance and leasing premiums, tuition, kindergarten fees, clubs, etc.)?
	Does rounding apply to cash payments for ride-hailing services?
	How is rounding done in the event of a non-cash payment?
	Does rounding apply to payments by payment card?
	Does rounding apply to payments made with gift vouchers (cheques, cards), money accumulated on loyalty cards, social cards?
	Does rounding apply to online sales?
	Does rounding apply to payments for meals ordered online?
	Does rounding apply to salaries, daily allowances and posting expenses?
	Does rounding apply to taxes, tax-related amounts, levies, fines and other pecuniary obligations?
	Does rounding apply to currency exchange?
	Does rounding apply to cash remittances?
	Does rounding apply when depositing cash to a payment account or withdrawing cash from a payment account?
	How does rounding apply to premiums for reimbursable medicines?
	Does rounding apply to payments between legal persons?
	Can the buyer demand payment of the exact amount instead of a rounded amount?
	Can a buyer ask for a rounding of a non-cash payment?
	Where can I use an accumulated stock of 1 and 2 cent coins?
	With rounding, is the buyer entitled to pay for the purchase in 1 and 2 ct coins only?
	Can a retailer (service provider) refuse to accept 1 and 2 cent coins from a buyer when rounding?
	Can the change be given in 1 and 2 cent coins when rounding? In which cases?
	Can the buyer refuse to take change in 1 and 2 cent coins?
	Can change of €1 be given in 1 and 2 cent coins when rounding?
	Will 1 and 2 cent coins be abolished and no longer available for payment? Do I need to rush to exchange 1 and 2 cent coins? For how long will 1 and 2 cent coins remain in circulation? For how long will 1 and 2 cent coins be available for making payments and giving change?
	How is the amount to be paid rounded if the buyer wants to pay part of the amount in cash and part by payment card, or vice versa – part by payment card and part by cash?
	How is rounding applied when using accumulated loyalty points for payment?
	How is rounding applied when part of the amount is paid in gift vouchers (cheques, cards) or social cards and the remainder in cash?
	Will rounding increase prices?
	Will the plastic bags cost 5 cents because of rounding?
	How will consumer spending increase as a result of rounding?
	Where can I get advice on rounding?
	Which authorities monitor compliance with the Republic of Lithuania Law on the Rounding of Cash Payments?
	How will rounding changes be explained to people?
	Which services offered at Lietuvos bankas cash offices are subject to rounding?
	How is rounding applied when the buyer pays for goods/services in instalments (multiple payments)?
	In the case of online purchases, where the moment of payment is postponed, leaving the consumer the possibility to pay in cash at the time of collection of goods (without knowing, at the time of placing an order, which method of payment the consumer will ultimately choose at the time of collection), is the merchant obliged to provide the consumer with information on rounding before concluding a distance contract?
	Is rounding applied to repayment of credit or leasing?
	How is rounding applied when the buyer pays multiple invoices issued on different dates at the same time, and how many cash receipts must be issued? Should the amount of each invoice be rounded and three cash receipts be issued? Should the total amount of the three invoices be rounded and one cash receipt be issued?