Experience in Latvia


I opened current accounts in Euros, US dollars, British pounds and Russian rubles. I decided not to open a savings account in the same amount: I was sorry for the employee. :) The Rietumu is great, ‘cause the account is multicurrency, and the account that gets it depends on the currency that comes. 0.1% per annum on savings account I consider to be mockery, especially given the fact that the money...

01 August 2016 790

Swedish SEB in Latvia falling short of high standards

Not long ago I opened an account in SEB, Latvia. Everybody knows that it’s a subsidiary of big and important Swedish bank. Unexpectedly for me the bank asked for the reasoning to open an account. After some negotiations we decided to use a purchase contract for a flat, as it is in no way binding: no terms or prices are indicated, no fines follow it. Internet-banking turned out comfortable, the speed...

28 August 2015 557

Swedbank is my only choice and I highly recommend it

I needed an account where my employer could deposit my salary, so I chose Swedbank. I can’t explain this choice; probably the reason was that this bank is Swedish, not Latvian, which gives some confidence for the future.   I’ve been using this bank’s services for many years and I’m mostly happy about it. I can’t say whether it’s better or worse than any other bank...

28 August 2015 341

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