Phone
+371 6701 9393
E-mail
info(abols)industra.finance
Legal Entities
1. Current account
In force from 01.09.2026
1.1. Opening and closing
| No. | Service | Service fee |
| 1.1.1. | Consideration of documents1 and opening of a current account2: | |
| 1.1.1.1. |
fee for initial document assessment |
50,00 EUR |
| 1.1.1.2. |
opening of a current account |
free of charge |
| 1.1.2. | Maintaining a minimum balance in a current account3 | 50,00 EUR or an amount equal to a 1-month's account maintenance fee, as determined individually for each Customer |
| 1.1.3. | Opening of a temporary account | 50,00 EUR |
| 1.1.4. | Closing of a current (incl. temporary) account4 | 25,00 EUR |
| 1.1.5. | Obtaining information from the Commercial Register or any other register for customer compliance verification and account opening | actual costs (min 5,00 EUR, max. 500,00 EUR) |
1.2. Maintenance
| No. | Service | Service fee |
| 1.2.1. | Maintenance of a current (incl.temporary) account3;5;6 | 10,00 EUR/ per month |
| 1.2.2. | 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. 500,00EUR) |
| 1.2.3. | Maintenance of an inactive7 account | 100,00 EUR/ per month |
| 1.2.4. | Fee for holding funds after the Bank has notified the Customer of the termination of cooperation | 200,00 EUR/ per month |
| 1.2.5. | Fee for the storage of funds for customers who do not hold a current account with the Bank8 | 50,00 EUR/per month |
1.3. Commercial Activity Income Account9
For an individual merchant, sole proprietorships, farming or fishing enterprise registered or planning to register with the State Revenue Service as micro-enterprise taxpayer and carrying out economic activity.
| No. | Service | Service fee |
|
1.3.1. |
Opening of a current account6 |
15,00 EUR |
|
1.3.2. |
Maintenance of an account6 |
5,00 EUR/ per month |
|
1.3.2.1. |
Account maintenance where no incoming transactions have been recorded between the date on which the previous account maintenance fee was charged and the last business day of the current month |
1,00 EUR/ per month |
| 1.3.3. | Maintenance5 of an inactive7 account | |
| 1.3.3.1. | up to the 24th month inclusive | 10,00 EUR/per month |
| 1.3.3.2. | starting from the 25th 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. | Service | Service fee, incl.VAT |
| 1.4.1. | Receiving the Customer's independently prepared account statement in the Internet bank | free of charge |
| 1.4.2. | Receipt an account statement prepared by the Bank at the Bank, via Internet Bank, or by e-mail | |
| 1.4.2.1 | for a period of up to 12 months (inclusive) | 0,50 EUR for copy (min. 5,00 EUR) |
| 1.4.2.2. | for a period of over 12 months | 0,50 EUR for copy (min. 10,00 EUR) |
| 1.4.3. | Preparation of an account statement for a closed account | 1,00 EUR for copy (min. 20,00 EUR) |
1.5. Enforcement actions provided for in the law
| Nr.p.k. | Services | Service fee |
| 1.5.1. | Acceptance for execution of a bailiff's order, a collection order issued by the State Revenue Service, an enforcement document (decision) issued by a court, a decision of the tax administration, or a document issued by another State or local government institutions and official entitled to perform uncontested recovery | 50,00 EUR |
| 1.5.2. | Compulsory transfer of funds in accordance with a bailiff's order, a collection order issued by the State Revenue Service, an enforcement document (decision) issued by the court, a decision of the tax administration, or a document issued by another State and local government institution or official entitled to perform uncontested recovery, in accordance with the procedures laid down in laws and regulations | according to the Bank's Transfers Price list |
1.6. Activities related to the management of money laundering, terrorism financing and proliferation financing (ML/TF/PF) risk and sanctions risks
| No. | Service | Service fee |
| 1.6.1. | Customer enhanced due diligence10 | 25,00 - 1000,00 EUR |
| 1.6.2. | For reviewing a payment or transaction for compliance with AML/ CTF/ CPF requirements (anti-money laundering, counter-terrorist financing and counter-proliferation financing) and sanctions requirements (incl. in cases involving links to a high-risk country, cross-border transactions involving multiple jurisdictions, complex transactions, and checks requested by the Bank, correspondent bank, beneficiary’s bank, an intermediary bank or other institution involved in processing the payment), depending on the complexity of the review and the associated risk factors | up to 3% of amount (min. 100,00 EUR) |
1 Even if the account is not opened, the fee document review shall not be refunded.
2 Individual tariffs for a current account opening and maintenance are applied for a legal entity whose main business activity/ partners are related to foreign countries and/or whose ownership structure is complex and/or whose ultimate beneficial owner /authorized person is a person from a foreign country/ is a politically exposed person or if there is, in the view of the Bank, any other indicator of an increased risk.
Individual fee for current account opening and maintenance are applied to a non-profit organization or an insolvent legal entity.
3 The account must have the minimum balance that is blocked and not available to the Customer during the entire period of cooperation between the Bank and the Customer. The minimum balance is not applied to the CAI account, Economic activity performers and Temporary account.
4 The fee is also charged in cases where the cooperation with the Customer has been terminated and the balance has not been transferred to another credit institution within the specified period.
5 The fee shall be charged for the current month on the last business day of the month. Upon closure the account the fee shall be charged on the date of account closure. If the Gateway service is activated, its subscription fee is added to the current account maintenance fee.
6 For a Customer with an CAI account opened with the Bank, the account required for the use of a payment card shall be opened and maintained free of charge.
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 6 months (12 months for a Commercial Activity Income Account), and where the account’s activity is not connected to other banking operations. The temporary account has not been converted to a permanent account within 3 months.
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 All other fees are in accordance with the Bank's price list for legal entitles who are residents of Latvia.
10 The amount of the fee shall be determined unilaterally by the Bank in accordance with the complexity of the Customer/activity and the risk factors to be assessed.