OREANDA-NEWS  On 24 February was announced, that in the first month of unified ATM network of Parex banka and Mortgage bank, the transactions with Mortgage bank’s payment cards in Parex banka’s ATMs increased by 84%. In total transaction amount, carried out with the Mortgage Bank’s payment cards has increased by 95% in comparison to last year’s results. At the same the number of transactions with Parex banka’s payment cards in Mortgage bank’s ATM network has increased by 51%. The total number of transaction has increased by 47%.

The results confirm that the unification of Parex banka and Mortgage Bank ATM network was rational step to increase the customer service quality, and the new service has gained customer recognition. The ATMs of Parex banka are mainly located in Riga, largest shopping malls and major cities of Latvia, while Mortgage bank’s ATMs are mostly located in the regions, district centres and rural municipalities, for example, in Aizkraukle, Dobele, Kuldоga, Madona, Preiпi, Valka and etc. The common network comprises already 205 ATMs.

Parex banka is a member of common ATM service network with GE Money Bank and Latvian Savings Bank. Under this alliance the customers of respective banks using Parex banka’s ATMs for money withdrawals are not charged additional commission. The same conditions apply to the customers of Mortgage Bank withdrawing money at the ATMs of Latvian Savings Bank, Rietumu Bank and SEB, and to the customers of latter banks withdrawing money at Mortgage Bank’s ATMs.

All cash withdrawal machines of Parex banka and Mortgage Bank are a subject of the agreement signed by both banks. However, cash deposits into customer’s account will be allowed only at the cash machines of the account bank. Currently, Parex banka has 10 cash deposit machines operating in the largest shopping malls, Latvijas Pasts branch Sakta and the Bank’s customer service centres.