How to open a bank account in Rietumu Banka AS

GSL reference about the bank What is it?

Being professional intermediaries, we are limited in giving public opinion about some financial institutions. Please contact us directly to obtain more detailed feedback.

Relationship was terminated

At present, cooperation with the bank has been terminated

Relationship was terminated

Поиск консультанта...

+44 0 207 822 85 93

General information and rating

2 188

Global rating

6

Countrywide rating

—

Countrywide rating of the head bank

—

Global rating of the head bank

Year of foundation

1992

History

The bank was founded on 14 May 1992. By the end of 1995, it had become the fifth largest bank in Latvia in terms of the size of assets. In the same year the bank started to develop a chain of regional information centres in the largest cities of both the CIS and the Baltic States.

Personnel

Over 600 staff. The languages they speak include English, French, Latvian, German, Spanish, etc.

Bank’s shareholders

In 2010 a 5% stake in Rietumu was acquired by Balram Chairai, one of the wealthiest Hong Kong businessmen. 33,11% belongs to Boswell (International) Consulting Limited, the beneficial owner of which is Dermot Desmond (Ireland). 33,12% is owned by Leonid Esterkin, 17,34% - by Arkady Suharenko and others

Confidentiality

Judicial Cooperation Agreement with Russia is signed; Double Taxation Agreement with Russia is signed; AML legislation is strictly observed; Active member of OECD, FATF, Basel Commitee, Egmont Group etc.

Compare banks

Minimum requirements

—

Minimum balance, €

—

Transactions permitted per month

N/A

Initial deposit of funds, €

N/A

Deadline for the initial deposit, month

How fast payments are executed

For EUR: standard (same day) – before 12.00; express (within an hour) – before 17.00. For

Tariffs and services

N/A

Outcoming transfer, €

N/A

Incoming transfer, €

N/A

Account maintenance, €/year

N/A

Payment limit for credit cards, €/day

Account opening procedure

Days to open for incoming transfers

N/A

Days to open for outcoming transfers

N/A

References

Not necessary

Purpose of the account

Current

Types of accounts

Current

Chances to open an account

Predictable

Share on social media: