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Temporary account

The temporary account will help you to conveniently accumulate the share capital before registering your new company. You will be able to use this as the main account after establishing your company.

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Which companies need to open a temporary account?

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Advantages

  • Remote opening with e-Signature
  • Receipt of the certificate confirmed by e-Signature
  • Easy conversion to a permanent bank account via video meeting
  • A fee for temporary current account does not apply if transforming temporary account to a permanent current account

Price list

Service Fee
Opening 15.00 EUR1
Servicing per month Free of charge
Transforming into the Current account Free of charge
Closing Free of charge

1 Transforming temporary current account to a permanent current account and applying for an Entrepreneur service plan (S, M, L, XL) fee for temporary current account is not charged.
If you need a statement on the share capital payment to the current account, an additional fee for preparing a standard statement will be charged.

How to open a temporary account

With e-signature

You can remotely open the temporary account for the company to be founded, as well as make the required contributions and receive the bank’s certificate confirmed by e-Signature on the contribution of the share capital to the account for the submission thereof to the Register of Enterprises, along with the company’s foundation documents.

  1. Fill in the application for opening of a temporary current account.
  2. Sign the completed application, as well as the company foundation agreement or decision on the foundation of the company with your e-Signature.
  3. E-mail the application, the company foundation agreement or the decision on the foundation of the company, and the name of the person authorised to open a temporary account with the bank to: info@seb.lv.
  4. You will receive a confirmation of receipt of the application by the bank to your e-mail address. The temporary current account will be opened within two business days, and a certificate signed electronically by the bank with the number of the temporary account specified therein will be sent to your e-mail address.
  5. Upload the certificate signed electronically by the bank to the portal www.eparaksts.lv and verify the e-Signature.
  6. Transfer the amount of the share capital as well as the commission fee for the account opening to the newly opened temporary current account via internet bank.
  7. After the payment of the share capital and commission fee, send a message to info@seb.lv with a request to issue a certificate confirmed by the bank on the contribution of the share capital of the company to be founded.
  8. Within two business days, you will receive a certificate signed by the bank on the payment of the share capital to the e-mail specified in the application.

At any branch of SEB bank

You can open a temporary account at any branch of SEB bank after submitting the following documents:

  • The foundation agreement or the decision on the foundation of the company and opening of a temporary account with the bank, and the name of the authorised person to carry out the named activities.
  • A document proving the identity of the representative (passport or ID card).

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More about the temporary account

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