With the replacement of the physical Token by the LuxTrust Mobile application, borrowing the Token from your parents or any other person to make their payments or bank transactions is no longer possible. It is simply not legal. Using someone else's Token, even with their consent, is comparable to borrowing an identity card, which is strictly forbidden. Payments can still be made, but in a more secure and legal way. We give you some advice on how to do this in this article.
Banks support the national economy in the wake of COVID-19
Alongside five other Luxembourg banks, Spuerkeess is providing financial support to its professional clients, particularly to those who are facing a lack of liquidity due to the COVID-19 health crisis.
Spuerkeess has been providing special financing and payment deferrals for existing financial commitments since the very start of the pandemic.
One of the first initiatives was to offer a deferral of up to six months on loan payments or leasing expenses. Over 2,500 deferrals have been requested at Spuerkeess to date with a 98% approval rate.
- Partial unemployment pre-financing, subject to approval by the employment agency (ADEM)
- State guarantees for new loans with a maximum duration of six years
- Guarantees through the Office du Ducroire - Luxembourg Credit Export Agency
- Guarantees and Special Anti-Crisis Financing (SACF) with the SNCI
- Guarantees and financing through La Mutualité des P.M.E. and La Mutualité de Cautionnement for a maximum duration of five years
- InnovFin SME Guarantees by the European Investment Fund (EIF)