Rietumu BankPersonal Account

Bank account opening in Latvia with Rietumu Bank.

Personal bank account with full internet-banking facilities and personal debit or credit card with Rietumu Bank in Latvia. Rietumu bank is one of the largest bank in Baltic States, well represented on global market and provides wide range of services (including multicurrency accounts and premium cards) to clients from EU, Russia and CIS countries.

About this Product >


  • Assistance with establishing of personal bank account including full e-banking facilities
  • Verifying your personal documentation
  • Completion of the bank forms which will be forwarded to you for signing with relevant instructions
  • Arranging personal meeting with bankers
  • Sending the full package to the bank for approval
  • Monitoring the account opening process until account allocation and banking package is received

We consider our service completed once you obtain the bank account number. Due to the bank-customer relationship, we will no longer be able to contact the bank on your behalf after the bank account is opened.



Assistance with obtaining of one Debit or Credit Visa card.


Assistance with obtaining of one additional Debit or Credit Visa card.
TOTAL: $400

Facts & Info for Rietumu Bank

About the Bank

Rietumu Bank is one of the largest banks in the Baltic States, specialized in corporate banking and affluent individuals.

The Bank is well represented in the global market, providing services to customers all over Europe, the Baltic States, Russia, Ukraine, Belarus, and other regions.

Rietumu bank is one of the first private banks in Latvia

Over 20 years of operation in the Baltic States, Russia, Ukraine, Belarus, and numerous European markets.

Representative offices in France, Russia, Romania, Ukraine, Belarus and Kazakhstan.

Financial leasing services in Russia, Ukraine, and Belarus.



  • Full range of banking services.
  • Multicurrency accounts
  • Multilingual customer support
  • iRietumu - modern internet-bank in English, Russian and French
  • MasterCard/Visa Business, Gold and Platinum.
  • Standard payments in all major world currencies are processed on the same day (T+0) without additional commission.
  • International express payments in EUR and USD in one business hour.
  • Wide net of correspondent banks.
  • Payments in more than 90 different currencies.
  • Immediate currency exchange.
  • Special exchange rates for amounts exceeding EUR 5,000.
  • Hedging of currency risk (Fwd/Swap/Order).
  • Favourable fees for loyal clients.
  • App for iPhone, iPod & iPad
  • E-commerce services (merchant account)
  • Deposits
  • Lending
  • Asset management
  • Investment funds
  • Financial market instruments
  • Advisory services & support in obtaining a residence permit in Latvia
  • The approximate timeframe for account allocation from 7 to 10 business days receipt of the original documents by the bank.


Rietumu Bank can be considered as a medium-cost bank with respect to incoming/outgoing payments and account maintenance. The incoming payment charge is nil and the outgoing payment charges vary from EUR 2-EUR 10, depending on the currency and how the transfer is made. The account maintenance fee for a personal account is nil.

  • PLEASE NOTE that bank tariffs may be changed anytime at the sole discretion of the bank, we therefore suggest to contact us or visit the bank’s website for updated details on specific fees and charges.
  • Agent Legal professional service fee for the assistance of bank account opening does not include any bank charges and commissions, account maintenance fees, transaction fees, initial deposit or minimum balance.

  • Our Services & Requirements


    • It is highly preferable to visit the bank personally for identification purposes. The meeting can be arranged in the bank's head office in Latvia or any of representative offices in Russia, Kazakhstan, Belarus, Ukraine, Romania and Israel. The bank may also arrange a meeting in other countries.
    • No minimum balance requirements, however a minimum balance of EUR 10,000 is recommended.
    • Account opening fee of EUR 250.
    • Account opening timeframe. The account will be activated within 7 - 10 business days, upon receipt by the bank of all duly completed forms and relevant information.


    • Notarized copy of valid passport. The passport must be signed and signature must match the signature in the application form. The photograph must be clear and of good quality.
    • Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
    • Original or notarized copy of Banker's reference letter dated within 3 months.
    • Personal CV


    Documents that are not in English must be accompanied by a certified translation.

    U.S. citizens or residents are accepted for account opening.


    Shipping of banking kits to your destination requires an extra charge and will be automatically added to the invoice during checkout. Shipping costs for international courier services are set automatically and can vary from USD 75 to USD 95. The fees depend on the jurisdiction where the bank is based as well as your destination country.

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