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.

In force from 14.04.2022.

The explanations regarding the terms for effecting payment orders depending on the time when the Customer has submitted it and priority chosen by the Customer.

Effecting the Customer's payment order the Bank applies value date depending on the priority (Standard, Urgent, Express), indicated by the Customer in the payment order and compliance with the Bank's Cut-off Times. Value date can be deferred to the latest date, taking into account banking holidays and days when national clearing system of the currency of the payment is closed.

Currency of the payment Type of operation Priority of the payment order Cut-off time for submitting a payment order in a certain currency to the Bank in the date D1 Value date1
EUR Domestic transfer Standard 13:00 D
16:002 D
Express 16:00 D (in one hour)
SEPA transfer Standard 13:00 D
International transfer Standard 17:00 D + 1
Urgent 15:00 D
Express 15:00 D (in two hours)
USD3   Standard 17:00 D + 2
CNY   Standard 17:00 D + 3
PLN, JPY, KZT, GBP   Standard 17:00 D + 2
RUB   Standard 17:00 D + 1

1 D – is the date, when the Customer has submitted the payment order to the Bank
2 If transfers are provided by a Bank, which is a member of the electronic clearing system of Bank of Latvia (List of participants)
3 The Bank can execute USD payment order faster, upon the request of the Customer, applying an individual tariff

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