1.Current account

In force from 01.08.2026.

Applies to a natural person who has the right to reside in the Republic of Latvia and whose permanent place of residence is in the Republic of Latvia.

¹ If the Bank declines to open an account, the fee for the consideration of documents will not be refunded.
² For customers who make a deposit, the consideration of documents is free of charge. Customers with an active deposit agreement are exempt from current account maintenance fees during the term of the agreement. 
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 No current account servicing or maintenance fee will be applied if the total average balance across all customer's current accounts for the month exceeds 10 000 EUR or its equivalent in another currency, based on the Bank’s exchange rate.
⁵ For customers using both the Internet Bank and Payment Card services, the current account servicing is EUR 1.00 per month.
⁶ A connection to a high-risk country exists if the Customer’s is a national of a high-risk country or receives regular income in a high-risk country. The list of high-risk countries is available on the Bank’s website. 
⁷ 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.
⁸ The 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.
⁹ Interest is not accrued on funds held in blocked accounts. Interest calculations commence from the start of the next calendar month following the unblocking of the account.
¹⁰ When a customer’s status changes from non-resident to resident, interest will be calculated beginning from the next calendar month after the Bank has registered the status change.
¹¹ 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.
¹² All other fees are in accordance with the Bank's price list for legal entities who are residents of Latvia.
¹³ At the Customer's request, an additional current account is opened free of charge for use with the payment card.
¹⁴ 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).
¹⁵ 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 risk.
¹⁶ The Bank unilaterally determines the fee for due diligence or verification procedures, based on the actual time incurred.