Opening a current account for a legal person - resident

In order to open an account for a legal person - resident, the following documents must be submitted to the bank:

• Customer's form;
• registration certificate;
• valid Articles of Association with a note from the Register of Enterprises Commercial Register regarding the registration (if such is provided for in legislative acts in regard to the specific form of entrepreneurial activity or other form of the legal person);
• a document that certifies the authorization and signature rights and of the representative of the legal person, as well as the term of the authorization (for officeholders - a protocol, decision, decree, resolution/memorandum, certificate or similar document regarding the appointment or election of the person into office, decisions of the Companies' register or Commercial register regarding the registration of the officeholder);
• documents that certify the identity of the Customer's officeholder with signature rights - passports;
• notarially ratified authorization if the Customer is represented by an authorized person, that is, a document in which the complete legal data of the Customer is indicated: name, legal address, registration number, as well as the persons whom the Customer has authorized to carry out activities on behalf of the Customer, passport data and the specified activities that have been assigned to the authorized person. The authorization must be signed by the Customer and stamped with the Customer's stamp (if such exists);
• document that certifies the identity of the person authorized by the Customer (private person) and person (passport);
• list of participants or shareholders that conforms to the Customer`s form.

Clients can open an account or receive additional information on issues related to the opening of an account at the Bank's central office or its branches or account groups.

Opening a current account for a legal person - non-resident

In order to open a current account for a legal person - non-resident, the following documents must be submitted to the Bank:

• Customer's form;
• genuine beneficiary's identity card;
• registration notice or certificate;
• articles of association;
• document that certifies the position held by the person representing the legal person and the signature rights thereof (a protocol, decision, decree, resolution/memorandum, certificate or similar document regarding the appointment or election of the person into office);
• other documents that are necessary in accordance with the legislative acts of the country issuing the registration;
• notarially ratified authorization if the Customer is represented by an authorized person;
• documents that confirm the identity of the officeholder of the Customer with signature rights (a passport or another document valid for travel);
• a register of participants or shareholders that conforms to the Customer form or another document that ratifies the composition of participants or shareholders (a statement from the register of enterprises, a certificate, a bearer's share, DEED OF TRUST or another document in conformity with the registration State legislative acts.

Original copies of the identification copies must be submitted to the bank (or should this prove necessary, notarially certified translation in Latvian, Russian and English).

The documents of alien persons from countries with which the Republic of Latvia does not have an international agreement regarding bilateral legal assistance and the recognition of the activity of a notary's office must be legalized or sworn,  if the country that has issued the document has joined the 1961 Hague Convention regarding the repeal of the legalization of documents.

The list of those nations with which the Republic of Latvia has entered into bilateral agreements regarding legal assistance and legal relations in civil matters, family matters and criminal matters can be found on the Internet at the following address:

http://www.am.gov.lv/lv/konsularainformacija/legalizacija/divpus-ligumi/

Clients can open an account or receive additional information on issues related to the opening of an account at the corporate Customer service department at the Bank's central office or at one of the Bank's representative offices.