Phone
+371 6701 9393
E-mail
info(abols)industra.finance
In force from 01.04.2025.
The price list 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.
No. | Services | Price, EUR |
1.1.1. | Consideration of documents and opening of a current account1 | |
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 Switzerland2 |
25,00 EUR |
1.1.1.1.2. |
who is not a citizen of the EU, EEA, or Switzerland |
325,00 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 |
free of charge |
1.1.2. | Closing of a (multicurrency) current account | 5,00 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) |
No. | Services | Price, EUR |
1.2.1. | Maintenance of a current account2;3;4 |
5,00 EUR /per month (1,00 EUR/per month5) |
1.2.2. | Maintenance4 of an inactive6 account | |
1.2.2.1. |
up to 24 months |
10,00 EUR /per month |
1.2.2.2. |
starting from the 24th month |
20,00 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 |
100,00 EUR per month |
1.2.5. | Commission fee for the storage of funds for individuals who do not hold a current account with the Bank7 | 50,00 EUR per month |
1.2.6. | Interest9;10;11 on current account balance balance for calculating interest for each current account |
|
1.2.6.1. |
up to 10 000 EUR (excluding) |
not calculated |
1.2.6.2. |
from 10 000 EUR to 50 000 EUR |
0.25% per year |
1.2.6.3. |
from 50 000 EUR to 100 000 EUR |
0.35% per year |
1.2.6.4. |
from 100 000 EUR to 250 000 EUR |
0.50% per year |
1.2.6.5. |
over 250 000 EUR |
by agreement |
No. | Services | Price, EUR |
1.3.1. |
Opening of a current account12 |
15,00 EUR |
1.3.2. |
Maintenance of an account |
5,00 EUR/ per month13 |
1.3.3. | Maintenance4 of an inactive6 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 |
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. 10,00 EUR, incl. VAT) |
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 |
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 | 25,00 - 500,00 EUR |
1.6.2. | Fee for each case when the bank has to perform customer due diligence or enhanced customer due diligence14 | 10,00 - 500,00 EUR |
1.6.3. | Fee for additional due diligence/ compliance check of the customer/ activity/ transaction / payment partner/ documents15 | 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 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 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.
7 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.
8 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.
9 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.
10 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.
11 All other fees are in accordance with the Bank's price list for legal entities who are residents of Latvia.
12 At the Customer's request, an additional current account is opened free of charge for use with the payment card.
13 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).
14 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.
15 The Bank unilaterally determines the fee for due diligence or verification procedures, based on the actual time incurred.