Business News Poland

For those seeking attractive returns on savings, VeloBank’s Flexible Savings Account has emerged as the top choice in a recent ranking. Offering a competitive 7% annual interest rate, this account stands out for its terms, which are geared toward new customers. The account can be opened via remote channels, provided the customer agrees to marketing consent. This rate applies to balances up to PLN 100,000 and is valid for 92 days. Securing second place is the Indexed Savings Account from Read more

The Polish Parliament is debating whether to allow Sunday trading or not. Since 2018, trade in Poland has been banned for several weeks, however, according to experts, at the request of consumers, this regulation should be revised. At the beginning of 2024, a bill was presented to the parliament, easing these restrictions. Employees had to work only twice a month on Sundays. However, traders are required to have the opportunity to rest every week. "I am in favor of not allowing trading Read more

While the terms "advance payment" and "deposit" are often used interchangeably, they have distinct meanings and legal implications. Misunderstanding these differences can lead to costly mistakes. This article breaks down how each works and when they are used. What is an Advance Payment? An advance payment is a partial prepayment made by a customer to confirm their intention to buy a product or use a service at a future date. For the seller, it signals the buyer’s commitment to the tran Read more