In force from 01.04.2025.

The price list applies to a natural person whose permanent place of residence is outside the Republic of Latvia or to whom, for other reasons, the resident price list does not apply.

1.1. Opening and closing

No. Services Price, EUR
1.1.1. Consideration of documents1 and opening of a current account  

1.1.1.1.

Initial examination of documents for a person:

 

1.1.1.1.1.

who is a citizen of the EU, EEA, or Switzerland

250,00 EUR

1.1.1.1.2.

who is not a citizen of the EU, EEA, or Switzerland

300,00 EUR

1.1.1.2.

Opening of a current account for a person:

 

1.1.1.2.1.

who is a citizen of the EU, EEA, or Switzerland

free of charge

1.1.1.2.2.

who is not a citizen of the EU, EEA, or Switzerland

250,00 EUR

1.1.2. Closing of a current account2 100,00 EUR
1.1.3. Obtaining information from another source that is necessary for checking the Customer's compliance and account opening actual costs (min. 5,00 EUR, max. 500,00 EUR)

1.2. Maintenance

No. Services Price, EUR
1.2.1. Maintenance of a current account3 30,00 EUR / per month
1.2.2. Maintenance of an inactive4 account  
1.2.2.1.

   up to 24 months

100,00 EUR / per month
1.2.2.2.

   starting from the 24th month

200,00 EUR / per month
1.2.3. Obtaining information required for checking the Customer's compliance or processing the correspondent bank's request for Customer or account servicing from another source.  actual costs (min. 5,00 EUR, max. 500,00 EUR)
1.2.4. Commission fee for the storage of funds for a Customer with whom the Bank terminates cooperation  
1.2.4.1.

up to 3 months

200,00 EUR/per month
1.2.4.2.

as from the 4th month

700,00 EUR/per month
1.2.5. Commission fee for the storage of funds for individuals who do not hold a current account with the Bank5 50,00 EUR/per month

1.3. Commercial Activity Income Account6;7

No. Services Price, EUR

1.3.1.

Opening of a current account8

15,00 EUR

1.3.2.

Maintenance of an account

5,00 EUR/ per month9

1.3.3. Maintenance of an inactive4 account   
1.3.3.1.

up to 24 months 

10,00 EUR/per month 
1.3.3.2.

starting from the 24th month

20,00 EUR/per month 
1.3.4.

Closing of an account

5,00 EUR

1.3.5.

Transfers to the single tax account (automatic payment of tax, simplified tax payment solution)

free of charge

1.4. Account statements

No. Services Price, EUR

1.4.1.

Receiving the Customer's independently prepared account statement in the Internet Bank

free of charge

1.4.2.

Receiving an account statement prepared at the Bank via Bank, Internet Bank, or e-mail

 

1.4.2.1.

for a period of up to 12 months

0,50 EUR for one copy (min. 5,00 EUR), incl. VAT

1.4.2.2.

for a period of over 12 months

0,50 EUR for one copy (min. 10,00 EUR), incl. VAT

1.4.3.

Issuance of an account statement, upon Customer's request, if the account is closed

1,00 EUR for one copy (min. 20,00 EUR), incl. VAT

1.5. Enforcement actions provided for in the law

No. Services Price, EUR
1.5.1. Acceptance of a bailiff's order, a collection order of the State Revenue Service, an enforcement document (decision) issued by a court, a decision of the tax administration for enforcement and other State and local government institutions and officials who are entitled to perform collection on a no contestation basis 50,00 EUR
1.5.2. Compulsory transfer of funds, in accordance with the Order of bailiffs, the collection order of the State Revenue Service, an enforcement document (decision) issued by the court, a decision of the tax administration and a document issued by other State and local government institutions and officials who are entitled to perform collection on a no contestation basis laid down in laws and regulations according to the Bank’s Transfers price list

1.6. Other tariffs related to the management of ML/TF/PF (money laundering, terrorism financing and proliferation financing) risk and sanctions risk

No. Services Price, EUR
1.6.1. Penalty for failure to submit documents or information, as requested by the Bank and required for the management of the customer's ML/TF/PF (money laundering, terrorism financing and proliferation financing) risk and sanctions risk, within the term or in the amount specified by the Bank 50,00 - 1000,00 EUR                                                                                              
1.6.2. Fee for each case when the bank has to perform Customer due diligence or enhanced Customer due diligence10 25,00 -1000,00 EUR
1.6.3. Fee for additional due diligence/ compliance check of the Customer/ activity/ transaction / payment partner/ documents11 100,00 EUR/per hour

1 If the Bank declines to open an account, the fee for the consideration of documents will not be refunded.
2 For non-resident individuals who receive a pension of the Republic of Latvia in their current account with Industra Bank, the fee for closing a current account is 5,00 EUR. Minimal account balance of 30,00 EUR (Funds in the amount of the minimum balance are blocked and are not available to the Customer during the entire period of cooperation between the Bank and the Customer).
3 The account maintenance fee is deducted on the last business day of the month for that month. Should the account be closed, the Bank will apply the applicable commission fee for the current month on the date of account closure.
4 An inactive current account is one in which no incoming or outgoing non-cash payments or cash transactions have been made within a period of 6 months (12 months for a Commercial Activity Income Account), and where the account’s activity is not connected to other banking operations.
5 The commission fee is charged starting from the 13th month of storage and is deducted on the last business day of each month. The maximum commission cannot exceed the total amount of funds being stored.
6 For private individuals registered with the State Revenue Service as performers of economic activity under the micro-enterprise taxpayer regime, who are not registered as value-added tax (VAT) payers and whose turnover does not exceed EUR 50 000 per year.
7 All other fees are in accordance with the Bank's price list for legal entities who are residents of Latvia.
8 At the Customer's request, an additional current account is opened free of charge for use with the payment card.
9 If there has been no incoming turnover during the settlement period*, an account servicing fee of EUR 1.00 per month is applied (*Settlement period is defined as the period from the last account servicing fee deduction until the last business day of the current month).
10 The Bank unilaterally determines the amount of the fee, based on the complexity and risk factors associated with the Customer or activity. Higher fees are applicable in cases of elevated risks.
11 The Bank unilaterally determines the fee for due diligence or verification procedures, based on the actual time incurred. 

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