Business accounts
A Multicurrency account for legal entities of Baltic International Bank will allow you to access your funds at any time and quickly make the required financial operations in Euro, US dollars and other currencies.
A Multicurrency account of Baltic International Bank is a comfortable possibility to make payments both in Euro and other currencies.
To conveniently segregate your company’s funds intended for other purposes, you may open one or several additional current accounts enhancing the transparency of your cash flow.
To manage your accounts remotely, Baltic International Bank offers safe and convenient Internet Banking and its mobile application.
To successfully perform a transaction on the sale or purchase of real property, business or any other transaction, we offer to open a transaction account with Baltic International Bank getting the Bank’s guarantee that the buyer’s and seller’s obligations specified in the trilateral contract will be fully performed.
Business account in Baltic International Bank
POSSIBILITIES
A company can enhance the transparency of its cash flow by opening additional current accounts
SPEED
Safe and convenient Internet Banking and its mobile application are available for remote account management
SAFETY
A transaction account guarantees that the buyer’s and seller’s obligations specified in the trilateral contract will be fully performed
Pricelist
| Consideration of the account opening package, opening of account | |
|---|---|
| Consideration of the account opening package (legal entities, residents of Latvia, with beneficial owners, residents of Latvia)* | EUR 150 |
| Consideration of the account opening package (legal entities, residents of Latvia, when one of the beneficial owners is non-resident of Latvia)* | EUR 350 |
| Consideration of the account opening package (legal entities, non-resident of Latvia)* | EUR 450 |
| Special fee charged for consideration of the account opening package**, *** | EUR 300-3000 |
| Opening of account plus Internet Banking service, including the issuance of DigiPass identifier (one piece) or a one-time connection of DigiPass for Mobile application | Free of charge |
| Opening of account plus Internet Banking service (including the issuance of DigiPass identifier (one piece) or a one-time connection of DigiPass for Mobile application in an urgent manner (within 5 full working days after submission of all required documents to Bank)** | EUR 300 |
| Opening of temporary account | EUR 30 |
* The fee once paid is not refundable if the account is not opened
** The fee is charged in addition to consideration of the account opening package and is not refundable if the account is not opened
***Special fee will apply where a client meets a set of specific criteria established by the Bank (available at the Bank upon request)
| Service | Fee |
| Processing of application (standard transaction*) | EUR 250 |
| Processing of application (non-standard transaction) | as agreed (min. EUR 500) |
| Opening and maintaining of the account (standard transaction*) | 0.50% of the transaction value (min. EUR 50) |
| Opening and maintaining of the account (non-standard transaction) | as agreed (min. EUR 1000) |
| Modification of the agreement (standard transaction*) | 0.20% of the transaction value (min. EUR 100) |
| Modification of the agreement (non-standard transaction) | as agreed (min. EUR 150) |
* A ‘standard transaction’ means a transaction to purchase real estate (having a clear title, i.e. one which is not encumbered or otherwise burdened) or any other asset in the Republic of Latvia, as sealed between a single buyer and a single seller, on the understanding that the amount will be paid out against the relevant industry-recognized title document (a document transferring ownership). Also, a ‘standard transaction’ means any other transaction of a similar nature.
