Opening an account with DNB banka

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COST OF OPENING AN ACCOUNT:

from 630 c.u.

Financial institutions in Latvia have one thing in common – they are stable and reliable. The fact is that the exchange rate of the national currency practically does not fluctuate and this attracts investors ready to open accounts in Latvian banks investing without fear.

DNB banka is one of such banks. It is reliable and time-tested and is also part of the leading Norwegian financial group DNB. DNB banka provides individuals and legal entities with not only excellent service, but also favorable conditions combined with the best financial solutions. The bank has two subsidiaries and a developed network of branches throughout the country. At the same time, a wide range of banking services can be obtained at any of the branches. Bank employees will advise you on any banking product or service providing comprehensive answers to all your questions. One of the features of the bank is an individual approach to working with clients and the development of an individual plan for solving any problem.

DNB banka is a recognized leader in the field of lending, opening deposit accounts, providing insurance services, transactions with real estate and movable property, and services related in one way or another to the capital market.

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WHY IS OPENING AN ACCOUNT WITH DNB BANKA A SMART DECISION?

As mentioned above, Latvian financial institutions are reliable and stable. Accordingly, hence the advantages of cooperation with them, including:

  • All bank accounts are multi-currency;
  • Single IBAN number. Such a system helps to track and identify payments throughout the Europe;
  • When transferred to an account, funds are not converted to local currency. So, you do not lose when the exchange rate fluctuates;
  • You may transfer funds not only in the EU, but also outside of it. That is, to any country.

HOW TO OPEN AN ACCOUNT WITH DNB BANKA FOR A NON-RESIDENT

To open a bank account, a legal entity shall provide the following documents:

  • Registration and statutory documentation of the company;
  • Confirmation of the applicant’s right to manage the finances of the enterprise. This may require a power of attorney, an extract from the protocol, a certificate from the register;
  • Documents confirming the identity of the applicant, as well as documents confirming his or her place of registration. Utility bills are usually sufficient.

If an individual decides to open an account with DNB banka, he or she will only need a passport and TIN.

Oleg Venediktov

General counsel of VIP Departament

Also, our company provides licensing services for various types of activities

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