Opening a bank account in the Baltic States

In most cases, banks require a personal presence in one of the bank’s offices, but this depends on the bank’s policy. Often, bank forms can be signed with the help of an intermediary with a notarized right, so personal attendance at the bank is not required. We support cooperation with a large number of banks and have extensive experience in providing advice for opening a bank account. We will help you choose the right bank, quickly assemble an accurate package of documents, fill out bank forms, provide recommendations and arrange meetings. In certain situations, we can certify documents and carry out client identification procedures on our own, which will speed up the process of opening a bank account. When working with non-residents, Latvian banks encounter many problems in the legislation and the required procedures. For this reason, many banks refuse to work with such clients. Due to legislation to counter money laundering and prevent terrorist financing, a number of complications arise. These are the main reasons why the bank wants to know exactly its client and for which the financial sources of the client are checked, as well as the activities of the branch of the company and its beneficiaries. The process of opening a bank account in a Latvian bank will become much simpler if you: - you know exactly which bank you are going to apply to; - prepared all the necessary documents; - agreed to meet with the manager, and not just went at random; - Have a letter of recommendation from the company with which the bank cooperates. In this case, we can help you. Our company works with the majority of Latvian banks and has established a trusting relationship with them.