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Legal Entities
12. Escrow Account
In force from 01.04.2025
12.1. Application
| No. | Service | Price, EUR |
| 12.1.1. | Consideration of application | by agreement (min. 50,00 EUR)1 |
12.2. Execution of agreement
| No. | Services | Price, EUR |
| 12.2.1. | Execution of standard agreement2 | |
| 12.2.1.1. | according to the normal procedure (within 3 business days) | 0,3% from transaction amount (min. 500,00 EUR) |
| 12.2.1.2. | according to the expedited procedure (within 24 hours)3 | 0,6% from transaction amount (min. 500,00 EUR) |
| 12.2.2. | Execution of non-standard agreement | by agreement (min. 500,00 EUR) |
| 12.2.3. | Amendments to the agreement (for each time) | by agreement (min. 50,00 EUR) |
12.3. Closing
| No. | Service | Price, EUR |
| 12.3.1. | Closing an account | free of charge |
12.4. Other services
| No. | Services | Price, EUR |
| 12.4.1. | Preparation of a printout from the State Unified Computerized Land Register | 15,00 EUR, incl. VAT |
1 The fee is payable for processing the application. If an Escrow account agreement is concluded, the fee for executing the Escrow account agreement will be reduced by this amount. If the Bank declines to open an account, the document review fee is non-refundable.
2 For unpledged real estate sale and purchase transactions between a single buyer and a single seller, the contract is executed in Latvian.
3 The Escrow account agreement can be executed after the full set of documents has been submitted to the Bank.