What legislative action did Sweden take to ensure access to physical cash?

The correct choice, which states that banks must provide access to cash services, highlights a significant legislative measure taken by Sweden to ensure that citizens, particularly those who may not have access to digital payment options, can still conduct transactions with physical cash. This action acknowledges the importance of cash in the economy and aims to safeguard its availability for individuals who rely on it.

Sweden has experienced a notable shift toward digital payments, with many consumers opting for card and mobile payment solutions. However, this has raised concerns about the potential exclusion of vulnerable groups, such as the elderly or those living in rural areas, who may not use digital services. By requiring banks to maintain cash services, the government addresses these concerns, ensuring that all individuals have the opportunity to access and use cash as a means of payment.

Other options, while related to cash management, do not accurately capture the essence of the legislative action taken. For instance, while some businesses may be encouraged to accept cash, there is no blanket requirement for all businesses to do so, nor has cash been removed as legal tender. Ensuring that banks provide cash services is a more targeted approach to maintaining the availability and functionality of cash in the economy, reflecting a balance between modern payment systems and the right to use cash.