Start Relationship

Your relationship with AB.LV begins with opening a multicurrency current account (single account for all currencies) that allows performing settlement transactions easily and quickly, applying favourable rates and commissions on funds transfers alongside with beneficial currency exchange rates.

Accounts are assigned IBAN format numbers in accordance with the international account numbering standard in the EU states.

All your account operations always are under your control. Additionally, you are able to receive help from the bank's employees any time. Finally, modern and efficient system of remote access management — Internetbank AB.LV is at your service.

Terms of Opening Bank Accounts

Corporates from any country can open a current account with AB.LV.

In order to open a current account, corporate clients should present following documents:

• Registration Certificate or another document confirming the company’s state registration, authenticated by an apostille (the apostille must be issued in the country where the company is registered).
• Memorandum, Articles of Association of the company.
• Power of Attorney naming the director and confirming the individual’s authority to open and manage accounts in the company’s name.
• Certificate of Good Standing or another document confirming the company’s legal capacity, authenticated by an apostille, if at the moment of opening the account the company has been registered for more than one year.
• A passport or identification card for the person authorized to manage accounts.

When opening a current account at AB.LV corporate customers are required to inform the bank on purposes of a current account use, provide details on the company’s activities, and to inform the bank about the true beneficiaries of the company’s account.

AB.LV holds to the principles of the policy “Know Your Customer” and in each separate situation retains the right to require that the customer presents additional evidence or documents related to opening a current account, as well as to refuse to open an account at its discretion.