Hi Graham,

I am very glad to hear of your positive discussions with the Lateko rep
and I hope your great debit card deal keeps on going for ever!!! Lateko
is a good bank. And we are offering their cards too in case you hadn't
noticed :)

However, whatever the rep says is one thing... sometimes bank management
think differently when confronted with international pressure. I have
seen this exact situation before with another bank in another country.

I did not intend to suggest that other Latvian banks were immediately
affected, and but now I see my posting could have been misunderstood to
imply that.

What I will say is that I would give Lateko cards maybe 6 months, maybe
a year. Then they will follow Parex. That's just my personal opinion but
I would be prepared to bet good money on it. I'm not a doom and gloom
person, but I am realistic. The writing is on the wall.

Best wishes
Nick



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