Opening an Account with Baltic International Bank in Latvia

A Latvian bank that proved itself excellently at a difficult time for the Latvian banking system. Since 1993 it has been serving non-resident clients, and it still does. The bank provides a classic range of banking services and focuses on clients who are non-residents of the Republic of Latvia.

Advantages of opening an account with a Latvian bank:

  • a simple account opening procedure
  • moderate fees
  • Russian-speaking staff
  • the account can be opened without travelling to Latvia

The opening procedure is standard for Latvian banks and consists of the following stages: preliminary review, signing the agreement with the bank, and account activation after a check by the bank's analysts — compliance.

Account opening support fee

500$

Account types

  • Multi-currency
  • Personal and corporate

Account opening cost (bank fee)

450 EUR
(an additional fee may apply depending on the client's business and other parameters)

Bank presence in other countries

None

Service fees

50 -250 EUR per month

Account opening time

3 weeks.

Banking products

  • Current accounts
  • Deposits
  • Wealth management
  • Payment cards
  • Investments

Staff

Russian-speaking staff

Account management

Internet banking

Bank website

https://www.bib.eu