A current account is used to receive money transfers, for safekeeping thereof as well as to make various payments via Internet banking and engage in cash transactions.
New business account can be opened via internet bank or in any SEB banka branch.
If you have a current account you can:
Information about transactions in your account
You can get statements of all of the transactions carried out in the company’s account most conveniently is via Internet banking or Telebanka.
Information on transactions in the current account is available in the form of an account statement and a regular extract from an account.
Account statements and extracts from an account via Internet banking and Telebanka are prepared electronically and are valid without signature.
You can receive information about transactions in the account at any branch of SEB banka.
To open a current account for a resident legal entity, the following documents are required:
SEB may request additional documents if necessary (account statement, documents proving the origin of the money, etc.).
To open a current account for a non-resident legal entity, the following documents are required:
SEB may request additional documents if necessary (account statement, documents proving the origin of the money, information about the group’s structure, true beneficiaries etc.).
The original documents or their notarial approvals must be submitted. All documents require a translation into the Latvian, English or Russian language with a notarial certification.
One of the most important conditions to open the current account in SEB Latvia is that the customer (company) must have connection with Latvia.
Only a limited range of services is available for non-residents.
Please view the pricelist for legal entities.
If you have the internet bank’s administrator rights, you can open an additional current account in the section of internet bank for business: Accounts/Cards → Current accounts → Open account.
If you do not have administrator rights, you can open an additional account at any branch of SEB or during a video meeting.
Deposit Guarantee Law of the Republic of Latvia stipulates guaranteed compensation to the amount of the deposit (but not exceeding 100,000 EUR) per depositor, if the deposit is not available. Additional compensation up to 200,000 EUR is possible for the following deposits of the private person within the period of three months from the date when the initial deposit was made:
If the depositor has several guaranteed deposits, they are added up and considered as one guaranteed deposit.
The guaranteed compensation is paid only to those depositors whose claim has been recognised by the liquidator or administrator. Unavailability of deposit occurs upon judgement of the court regarding insolvency of the credit institution and initiation of bankruptcy proceedings. The guaranteed compensation is not paid for certain statutory customer deposits, such as deposits of financial institutions, persons associated with the credit institution, their relatives, etc.
Basic information about state guaranteed deposit protection
Deposit Guarantee Law
Services | Fees |
---|---|
Opening:1 | |
• for residents (the first account) | 15.00 EUR/free of charge2 |
• to non-residents (per each account) | 35.00 EUR |
• in SEB Group outside Latvia3 | By agreement, min 50.00 EUR |
First verification of documents: | |
• for residents whose holders, true beneficiaries or signatory persons have their identity document or residence permit issued in Latvia | Free of charge |
• for residents – legal entities registered in Latvia, whose owners, beneficial owners or signatory persons have not received an identity document or residence permit in Latvia; • for non-residents – legal entities which are no registered in Latvia |
By agreement, min 500.00 EUR |
Servicing per month: | |
• for residents4 | 5.00 EUR/free of charge5 |
• for non-residents legal entities (taxpayers) established in the EEA and outside the EEA | 30.00 EUR |
• for Payment and Electronic money institutions | 300.00 EUR |
Closing (including transfer of the account balance to another account at SEB bank) | Free of charge |
Customer's funds administrating monthly fee for Customer with whom SEB bank is terminated cooperation6 | 50.00 EUR per month |
Current account balance fee (hereinafter – ABF)7 | |
ABF for Legal entities (EUR) (Fee, applicable to total current account balances in EUR exceeding 1 000 000 EUR) |
ECB deposit facility rate/360 (Days) |
ABF for Legal entities (SEK) (Fee, applicable to total current account balances in SEK exceeding 9 500 000 SEK) |
Sveriges Riksbank repo rate/360 (Days) |
ABF for Legal entities (DKK) (Fee, applicable to total current account balances in DKK exceeding 7 500 000 DKK) |
Danmarks Nationalbank Certificates of deposit rate/360 (Days) |
ABF for Legal entities (CHF) (Fee, applicable to total current account balances in CHF exceeding 1 000 000 CHF) |
Swiss National Bank negative interest rate/360 (Days) |
1 Minimum opening deposit is 20.00 EUR or its equivalent in another currency.
2 Applying for the Entrepreneur's plan (S, M, L, XL) opening of the Current account (unlimited number) – free of charge. In addition, no minimum deposit is required to open current accounts.
3 Acceptance, processing, verification, sending etc. of documents upon the customer's request.
4 Except Payment and Electronic money institutions.
5 Using the Entrepreneur’s plan (S, M, L, XL) servicing of the Current accounts – free of charge.
6 The commission fee is applied if Customer until date mentioned in SEB bank to Customer sent notification not fulfilled SEB bank requirements about account (incl. securities account) balance transferring. Fee is charged each month from funds that are not transferred after SEB bank request to Customer account opened in another credit institution.
7 ABF is calculated at the end of each calendar day, for excess amount of specified threshold for respective currency. ABF would not be applicable should respective central bank’s deposit rate become equal or exceed zero. ABF is debited once a month, and is applied only in cases where Bank individually informs Client 14 calendar days in advance. ABF is paid by Client. Bank does not calculate and pay interest on account balances to Client.
ABF = Excess amount of specified threshold*ECB deposit facility rate in absolute value/360
If Current Account end of day balance is 1 100 000 EUR and ECB rate is -0.4%, then ABF for the respective day is 1 100 000 – 1 000 000 = 100 000 * 0.4% /360 = 1.11 EUR
In force from | In force to | |
---|---|---|
Terms and conditions of the current account agreement |
15.08.2017
|
In force
|
Uzmanību! Jūsu pārlūkprogramma neatbilst SEB mājas lapas prasībām, lūdzu, atjaunojiet to vai izmantojiet citu ierīci lapas aplūkošanai.
Attention! Your web browser does not correspond to the requirements needed to visit SEB website. Please change web browser or device that you use for browsing the site.
Внимание! Ваш браузер не отвечает требованиям, необходимым для посещения сайта SEB. Просим поменять браузер или устройство, при помощи которого вы производите поиск в браузере.