The cost of opening an account: From 450 USD

General information

Name:Rietumu Banka AS


Faunded:1 992
History:Rietumu is one of the largest banks in the Baltic States, specializing in serving businesses and private clients. The Bank operates widely in the international markets and provides a full range of financial services to its clients in the Baltics and in Russia, Belarus, Ukraine, Europe and other regions.
Employees:More than 600 employees, 17 of them working in the Moscow office of the bank. Languages: Russian, English, French, Latvian, German, Spanish
Shareholders:In 2010, one of the wealthiest businessmen in Hong Kong - Balram Chainrai - became the owner of 5% stake of Rietumu.

Presentation Rietumu


Terms of opening for admission (days):4
Opening terms for cancellation (days):10
Recommendations:Not required
Description of activity:Detailed and comprehensive
Account type:Settlement and Savings
Types of accounts:Personal; Corporate; Savings; Settlement
Departure to the bank:Not required
Required documents:Copies of apostilled founding documents of the company, copy of the passportos of director / attorney (authorized representative / beneficial owner, the description of client's business, completed application form
Account opening, probability:Calculated and perceived


Rating in the world:2 188
Country Rating:6
Rating on loans:N/R


Balance, minimum:0 €
Limit of transfers (per month):No restrictions
An initial fee :0 €
Annual turnover (minimum):1 200 000 €
Transaction speed:2-3 business days

Services and costs

Cost of translation:See rates
Cost of enrollment:See rates
Cost of account maintenance:20 EURO per month
Credit card restrictions:VISA / МС Light, Classic, Business - 3 000 USD / 2 500 EUR; VISA / MC Gold, Platinum: 4 000 USD / 3 000 EUR / 2 500 GRB; MC World Signia: 6 000 USD / 4 500 EUR / 4 000 GRB
Insurance for credit cards:VISA / MC Light - without security; VISA / MC Classic - 250 EUR; VISA / MC Business - 250 EUR; VISA / MC Gold - 450 EUR; VISA / MC Platinum - 750 EUR; MC World Signia - 30,000 EUR
Access to the account:Free internet banking system, which allows to fully manage your account via the Internet. Universal set of identification and authorization (RID + digital certificate (for online banking) + test table + DigiPass OTP) - 50 EUR
Bank services:Payment cards, e-commerce (merchant accounts), escrow, brokerage, loans, deposits, deposit boxes, asset management, assistance in obtaining a residence permit in Latvia and others.
Bank cards:VISA / MasterCard Light
Cost of extracts storing:No information
Download Tariffs:

Card Rietumu

Chose bank, where you would like to open an account and press "Order"Введите свой номер телефона и ожидайте входящего звонка по указанному Вами номеру,
our Lawyer will contact you and provide answers on all your questions Chose bank, where you would like to open an account and press "Order", our Lawyer will contact you and provide answers on all your questions.
Select Bank's name sort descending Price of account opening Terms of account opening (days) Established World Ranking
AS "NORVIK BANKA" 450 USD 5 1992 3310
AS DNB banka 450 USD 10 2000
AS Expobank 450 USD 7 1991
Baltic International Bank 450 USD 5 1993
Baltikums Bank 450 USD 7 2001
Danske Bank (Latvia) A/S 590 USD 7 2007
JSC Citadele banka 450 USD 10 2010 2064
Latvijas pasta banka (LPB) 450 USD 7 2008
Meridian Trade Bank 450 USD 7 1994
Nordea Bank AB 690 USD 7 1992 27
PrivatBank AS 450 USD 0 1992
Rietumu Banka AS 450 USD 4 1992 2188
SEB banka 450 USD 7 1993
Swedbank (Latvia) AS 450 USD 5 1820