All results 43
| Question | |
|---|---|
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Rounding of cash payments
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For consumers
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| 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? | |
| 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), money accumulated on loyalty 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? | |
|
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? | |
| 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), money accumulated on loyalty 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? | |
Last update: 26-07-2024