About the payments to Russia and Belarus.
Considering the international sanctions imposed in connection with the Russian government's invasion of Ukraine, please note that further transfers to and from Russia and Belarus may be delayed or not possible. 
Please also note that due to additional monitoring, the processing of any payment may take longer than usual, and the bank may charge an additional fee for checking payments in accordance with the Price List (in connection with ML/TF/PF risk and sanctions risk management - fee for additional due diligence/ compliance check of the customer/ activity/ transaction / payment partner/ documents).

Up-to-date information on sanctions imposed on Russia and Belarus is available on the FCMC website
Here is also the information about the impact of the Russian aggression in Ukraine on our services.



Industra Bank has opened accounts for 251 Ukrainian citizen by the end of April

We offer account opening and payment card processing for Ukrainian citizens also in Liepaja, Ventspils, Jelgava and Daugavpils, but the largest part of applications - approximately 90% are received in Riga.

Uģis Vorons, Member of the Board of Industra Bank, responsible for the bank's business development area, says: “Already in the first days of the war it became clear to us that we can support the citizens of Ukraine very practically – creating a simplified process for drawing up accounts and payment cards for Ukrainian citizens who have found a safe asylum in Latvia. 

Thus, we can help these people to regain control of their lives, at least to some extent. At the same time, we decided that we will provide document review, account and card processing, as well as use during the first year for Ukrainian refugees free of charge.”

With the influx of war refugees in Latvia, the number of applications for an account with our bank also increased. Currently, the number of applications has stabilized - we receive an average of 30 applications per week. Since February 28, when we announced the simplified procedure for opening accounts for Ukrainian citizens, Industra Bank has opened accounts and issued payment cards to 251 Ukrainian citizen.

Due to the high demand, before coming to the bank, please book your visit to avoid queuing and to receive a smooth service. Please take your Ukrainian passport with you.

How to apply for an account to Ukrainian nationals (information in Latvian and Ukrainian).

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Open an account and apply for a payment card!