Latvian Banking System, its Stable and High level of Service

Latvia's banking system is stable, high level of service, as well as a progressive liberal (much more liberal than in other EU countries) financial legislation.

Latvia's banking system is stable, high level of service, as well as a progressive liberal (much more liberal than in other EU countries) financial legislation. The financial condition of commercial banks strictly controlled the supervisory authority - the Bank of Latvia. The national currency - the lat - is solid and hard. The volume of currency transactions is not limited. Course lats pegged to the Euro.

During the lifting of bank secrecy in Latvia provides for criminal liability. The Law on Credit Institutions: except for strictly defined special cases (for example, the proceedings in a criminal case) the information about customer accounts may be granted to any third party or government institutions.

Latvian banks offer their clients a complete financial service, including opening accounts for foreign currency payments, issuing international payment cards, special offers for investments (including dealing with securities), financial advice, etc.

In Latvia, the perfect remote control technology developed by the score: the Internet address of the Latvian banks today are even more progressive than many Western European countries.

Services to open and maintain accounts at the Bank of Latvia remain fairly cheap. In contrast, for example, Switzerland and many other financial centers (including offshore), the account holder in Latvia do not need to make a security deposit, usually do not have to pay for the maintenance of accounts and fees for various operations is relatively low.

Account in Latvia are free to open the citizens of most countries, including Russia and the CIS countries. Individual for opening an account requires a passport. Company - a standard package of legal documents (registration certificate, charter, documents confirming the right of the account holder to manage the company.) The account can also be opened via the Internet and sending to the bank to mail the notarized documents.It is also not less interesting the banking system in Poland and France's banking system.
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