Phone
+371 6701 9393
E-mail
info(abols)industra.finance
Individuals
1.Current account
In force from 05.02.2024.
1.1. Opening and closing
| No. | Services | Price list in EUR |
| 1.1.1. | Consideration of documents1 and opening of a (multicurrency2) current account3;5 | 25,00 EUR |
| 1.1.1.1. | Additional commission fee for initial examination of documents for a person who is not a citizen of the EU, EEA or Switzerland1;4 | 300,00 EUR |
| 1.1.2. | Closing of a (multicurrency) current account | 5,00 EUR |
| 1.1.3. | Obtaining information from another source that is necessary for checking the Customer's compliance and account opening | actual costs (min. 5,00 EUR) |
1.2. Maintenance
| No. | Services | Price list in EUR |
| 1.2.1. | Maintenance of a current account5;6;7;16 |
3,00 EUR /per month (1,00 EUR/per month16) |
| 1.2.2. | Maintenance7 of an inactive8 account | |
| 1.2.2.1. | up to 24 months | 10,00 EUR /per month |
| 1.2.2.2. | starting from the 24th month | 20,00 EUR /per month |
| 1.2.3. | Obtaining information from another source that is necessary for checking the Customer's compliance or processing the correspondent bank's request for customer or account servicing | actual costs (min. 5,00 EUR) |
| 1.2.4. | Fee for storage of funds for the Customer with whom the Bank terminates cooperation | 100,00 EUR per /month |
| 1.2.5. | Interest9;10;11 on current account balance balance for calculating interest for each current account |
|
|
1.2.5.1. |
up to 10 000 EUR |
not calculated |
|
1.2.5.2. |
from 10 000 EUR to 50 000 EUR |
0.25% per year |
|
1.2.5.3. |
from 50 000 EUR to 100 000 EUR |
0.35% per year |
|
1.2.5.4. |
from 100 000 EUR to 250 000 EUR |
0.50% per year |
| 1.2.5.5. | above 250 000 EUR | by agreement |
1.3. Commercial Activity Income Account12;13
| No. | Services | Price list in EUR |
|
1.3.1. |
Consideration of documents and opening of a account |
15,00 EUR |
|
1.3.2. |
Maintenance of a account |
5,00 EUR/ per month |
| 1.3.3. |
Closing of a account |
5,00 EUR |
|
1.3.4. |
Transfers to the single tax account (automatic payment of tax, simplified tax payment solution) |
free of charge |
1.4. Account statements
| No. | Services | Price list in EUR |
| 1.4.1. | Receiving the Customer's independently prepared account statement in the Internet bank | free of charge |
| 1.4.2. | Issuance of an account statement prepared at the Bank via Bank, Internet bank or e-mail | |
| 1.4.3. | for a period of up to 12 months | 0,50 EUR for one copy (min. 5,00 EUR) |
| 1.4.4. | for a period of over 12 months | 0,50 EUR for one copy (min. 10,00 EUR) |
| 1.4.5. |
Issuance of an account statement, upon Customer's request, if the account is closed |
1,00 EUR for one copy (min. 10,00 EUR) |
1.5. Enforcement actions provided for in the law
| No. | Services | Price list in EUR |
| 1.5.1. | Acceptance of a bailiff's order, a collection order of the State Revenue Service, an enforcement document (decision) issued by a court, a decision of the tax administration for enforcement and other State and local government institutions and officials who are entitled to perform collection on a no contestation basis | 50,00 EUR |
| 1.5.2. | Compulsory transfer of funds, in accordance with the Order of bailiffs, the collection order of the State Revenue Service, an enforcement document (decision) issued by the court, a decision of the tax administration and a document issued by other State and local government institutions and officials who are entitled to perform collection on a no contestation basis laid down in laws and regulations | according to the Money transfers price list in the Bank |
1.6. Other tariffs related to the management of ML/TF/PF (money laundering, terrorism financing and proliferation financing) risk and sanctions risk
| No. | Services | Price list in EUR |
| 1.6.1. | Penalty for failure to submit documents or information, as requested by the bank and required for the management of the customer's ML/TF/PF (money laundering, terrorism financing and proliferation financing) risk and sanctions risk, within the term or in the amount specified by the bank | 25,00 - 500,00 EUR |
| 1.6.2. | Fee for each case when the bank has to perform customer due diligence or enhanced customer due diligence14 | 10,00 - 500,00 EUR |
| 1.6.3. | Fee for additional due diligence/ compliance check of the customer/ activity/ transaction / payment partner/ documents15 | 100,00 EUR/per hour |
1 In case of refusal by the Bank to open an account, the fee for consideration of documents will not be paid back.
2 It is possible to handle funds in several currencies specified by the Bank.
3 The Bank has the right to charge an additional commission fee for opening an account in an accelerated order (opening an account in an accelerated order is possible within 2 business days after submitting the full set of documents to the Bank).
4 Does not apply to a person who has a permanent residence permit issued by the Republic of Latvia, except for citizens of Russia or Belarus.
5 For customers, if they place a deposit, opening a current account is free of charge. To customers with whom a deposit agreement has been concluded the fee for maintenance of a current account is not applied during the term of the agreement.
6 The account maintenance fee is charged on the last business day of the month for the current month. If the account is closed, the Bank shall deduct the above-mentioned commission fee for the current month on the date of closure of the account.
7 The current account servicing and maintenance fee is not applied if the average balance of funds within the current month in all the customer's current accounts in total exceeds 10,000 EUR or its equivalent in another currency according to the exchange rate set by the Bank.
8 Inactive Current account is an account in which no incoming or outgoing non-cash payments or cash transactions are made within 6 months, and the operation of the account is not related to the performance of other operations in the bank.
9 Interest is not calculated for funds in blocked accounts.
10 Interest is not calculated on funds in blocked accounts. Interest is calculated starting from the next calendar month after unblocking the account.
11 When the status of a customer changes from a non-resident to a resident, interest is calculated starting from the next calendar month after registration of the change of the customer's status with the Bank.
12 For private individuals registered with the State Revenue Service as a performer of economic activity in the micro-enterprise taxpayer regime and not registered as a value added tax payer and the turnover does not exceed EUR 50 000 per year.
13 All other tariffs are according to the Bank's price list for legal person customers - residents of Latvia.
14 The amount of the fee is unilaterally determined by the Bank, depending on the complexity and risk factors of the customer/ activity. Higher fees are charged for higher risks.
15 The amount of the fee for due diligence or the conduct of verification is unilaterally determined by the Bank according to actual time used.
16 Simultaneously using the following banking services: Internet Bank and Payment Card, Current account servicing is 1.00 EUR/month.