Accounts

Accounts

A bank account is an efficient solution for businesses for non-cash settlements and storage of funds. A selection of account types is available to suit the individual needs of the company.

Money in a Multi-Currency Current Account means that you can easily manage funds in different currencies and make quick transfers from the account using the remote settlement channels. Also, at Swedbank you can open an Escrow Account which gives peace of mind in real estate, automobile or other property purchase or sale transactions. The Securities Account is designed for holding securities when investing in financial markets.

We can also open an account for you with Swedbank’s affiliate banks elsewhere in the world in case you’re expanding your business beyond Latvia.

Current Account

Current Account

A multi-currency current account with Swedbank is corporate bank account for conducting settlements in Latvian lats and other currencies. A multi-currency account gives additional convenience for corporate customers as all transactions can be done from a single account - you won’t need to open and maintain any additional accounts in other currencies.

Securities Account

Securities Account

With the securities account, the company can purchase or sell securities through the intermediary of the bank’s brokers by submitting securities orders in branches or via Internet Banking.

Escrow Account

Escrow Account

This service is designed for securing sale and purchase of various properties (e.g. real estate, cars, company shares) so as to minimize the risk involved in business deals. The buyer, the seller and the bank enter into a trilateral agreement, in which they agree on the necessary documents and terms, as well as on the procedure for delivery of documents in order to complete the transaction.

Account with cooperation bank

Account with cooperation banks

Swedbank offers its loyal long-term customers a possibility to open accounts with the Swedbank Group banks, as well as with banks that are Swedbank’s cooperation partners in certain European countries.

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