Life Events Guidance

• The certificate of inheritance or Latvian court ruling on confirmation of inheritance rights. If relevant, an orphans’ court decision, a notarized power of attorney, a notarized inheritance distribution agreement, a court judgment, or other documents may also be submitted.
• Application for inheritance payout.
• Valid ID for both the heir and the heir’s representative.

• In person at the branch, if the inheritance documents have been issued and signed in paper by a notary, judge or representative of an orphan's court.
• In person at the branch, if the heir or the representative does not have a qualified electronic signature.
• Remotely via Internet Banking under Private > My data and settings (top of the page, by name, surname) > E-documents. Press Upload new documents and select Inheritance documents. This option can be used when the inheritance documents have been drawn up electronically by a notary, judge or representative of an orphan's court and signed with a qualified electronic signature (EDOC, ASICE, PDF format) and the application for the payout of the inheritance has been completed electronically by the heir or heir’s representative and signed with a qualified electronic signature (EDOC, ASICE format).
• Remotely, by sending the inheritance documents to e-mail address mantojumi@swedbank.lv, when the inheritance documents have been drawn up electronically by a notary, judge or representative of an orphan's court and signed with a qualified electronic signature (EDOC, ASICE, PDF format) and the application for the payout of the inheritance has been completed electronically by the heir or heir’s representative and signed with a qualified electronic signature (EDOC, ASICE format).

Yes, when the power of attorney corresponds to recommendations by Swedbank AS for drawing up a power of attorney and the scope of authorisation provides explicitly for the following rights of the authorised person:

• To receive the inheritance due to the authorising person
• To receive the funds inherited by the authorising person
• To transfer the inherited funds due to the authorising person to the authorising person's account
• To transfer the inherited funds due to the authorising person to the authorised person's account
• To transfer the inherited funds due to the authorising person to the details provided for in the power of attorney
• To transfer the inherited funds due to the authorising person to the details provided by the authorised person, etc.

NB! If the authorised person is solely authorised to accept the inheritance, the receipt of inherited funds under such authorisation shall be rejected.

An inheritance can be received remotely solely on the basis of a notarized power of attorney issued in Latvia, if the notary has drawn up the power of attorney (extract, transcript, copy of the power of attorney) electronically and signed it with a qualified electronic signature (EDOC, ASICE, PDF format). If the power of attorney for receiving inherited funds is issued outside Latvia, the inherited funds can only be received in person at our branch.

• When the inheritance application has been submitted, remotely or in person at the branch, a commission fee for review of the inheritance documents shall apply in accordance with the price list.
• No commission fee shall apply for intra-bank payments or EUR payments to European Economic Area (EEA) countries. The commission fee shall apply to international payments and EUR payments outside the EEA in accordance with the costs for making a transfer at a branch as per price list.
• If the heir wishes to receive the inheritance in cash, a commission fee shall apply in accordance with the costs for cash transactions as per the price list. Inherited funds can be received in cash at branches performing cash transactions (see the list).
• If the inheritance includes a deposit(s) and the heir wishes to terminate the deposit agreement before the maturity date, the accrued interest at the time of termination of the agreement shall be paid. No commission fee shall be applied for early termination of the deposit agreement.
• If the inheritance includes securities, a commission fee shall apply for the transfer of securities to the securities account provided by the heir in accordance with the bank's price list.