Bank obtained the license in September 2001 and entered at the same month in the Register of enterprises of Republic of Latvia as a join-stock company.
In 2009, bank became an authorized member of international organization of payment system MasterCard Worldwide, upgrading into the new level of providing clients with security and service. The dominant shareholder of Regionala Investiciju Banka is the join-stock bank «Pivdennyi», PJSC, which concentrates 81,847% of the shares.
TO OPEN AN ACCOUNT IN REGIONALA INVESTICIJU BANKA
Opening an account:
- for individual residents – EUR 20;
- for individual non-residents – EUR 150;
- for legal entities residents – EUR 30;
- for legal entities non-residents – EUR 700.
This price also includes connection to Internet banking.
Digi Pass issuance fee – EUR 15-70.
The bank has representative offices in a few countries.
Via free software – Internet Bank.
Account maintenance:
- for individual residents – free of charge;
- for individual non-residents – EUR 10/month;
- for legal entities residents – EUR 5/month;
- for legal entities non-residents – EUR 50/month.
Account closure:
- for individual residents – free of charge;
- for individual non-residents – EUR 100;
- for legal entities residents – EUR 10;
- for legal entities non-residents – EUR 100.
The procedure of opening an account starts with a preliminary stage, which includes process of gathering and filing documents, which are required for opening an account. Term of the preliminary stage will depends precisely on you.
The procedure of consideration the documents and reaching the decision by bank regarding opening an account takes from 10 to 12 working days starting from in-person meeting with the bank’s manager.
Regionala Investiciju Banka has the rule of KYC policy and reserves the right to require additional documents what may lead to account opening term exceeding, as well as refusing of account opening without reasons explanation.
Russian/English speaking.
Maestro, MasterCard.
Deposits, investments, trade finance, loans.
Forms for signing are provided at the representative offices of the bank at the time of in-person meeting.
Company’s documents – originals of all company’s statutory documents need to be provided. In case that from the date of company incorporation has passed more than one year, the Certificate of Good Standing under apostil is required.
Documents for the nominal manager/shareholder (while using nominee services):
- copy of the passport (in case if the nominee is natural person);
- copy of the statutory documents (in case if the nominee is a legal entity).
Documents for the account holder:
- original of national passport;
- original of foreign passport (in case of presence of it).
Documents for the beneficiary:
- original of national passport;
- original of foreign passport (in case of presence of it).
Also, 2 documents as minimum from the list below are required:
- proof of employment;
- if beneficiary holds a resident company, the Certificate of Incorporation and Article of Association of the company are required;
- graduation certificate (mandatory);
- bank statement from the beneficiary’s account;
- documents that proves presence of immovable property (mandatory);
- bank reference letter.
You need to fill in the survey questionnaire, which is to be emailed to your email address. After filling it in, we will organize meeting of the attorney/beneficiary with the bank’s representative in order to sign the required forms and to certify the company’s documents, documents for attorney and beneficiary.
The requisites of the bank account may be provided by a bank before the real moment of account acceptance (opening).
For further consultation concerning the terms of account opening in Regionala Investiciju Banka (Latvia) please contact our office. We will respond to any questions you may have and will help you open an account in Latvian Regionala Investiciju Banka or any other bank out of 70 foreign banks you may choose from.
