Open a Bank Account in Latvia
We can help you open a business account in Latvia.
- Account type: Corporate Current Account
- Currencies Available: EUR, USD
- Minimum Initial Deposit / Monthly Average Balance: EUR 10,000.00
- EUR Debit Card
- Internet Banking
- Personal Visit Not Required
- Time to open the account: 2-3 weeks
There are no specific restricted jurisdictions other than those that face international sanctions. However, eligible companies are those that submit financial reports to the local tax authorities; have real office in the country of registration with at least one employee; and have a Tax ID number. A business connection with Europe, and preferably the Baltic region, is required.
Our banking support services include introductions to payment processors and merchant accounts to better support our e-commerce clients. Whether you just need standard credit card processing or specialized services for high risk processing, we are happy to help you with introductions that can empower your business.
Bank Account opening requirements are subject to change at the discretion of the bank. There might be additional fees charged by the bank itself. Bank account opening is not guaranteed and is subject to the bank policies and compliance department. There might be restrictions on UBO nationalities, business activities and/or jurisdictions. A refund is guaranteed if the account is not successfully opened, but a 15% administrative fee applies.