- Fill out the Escrow Account Agreement preparation application via Internet Banking or at any branch.
- The bank opens escrow account.
- The buyer transfers the amount of transaction to the escrow account.
- The seller does the necessary paperwork and delivers the documents to the bank.
- The bank checks the documents delivered. If the documents meet the requirements of the agreement, then the bank effects the transaction - the seller receives the money and the buyer receives the original documents.
| Product/Service |
Price, EUR |
|
| Applying |
| Opening account |
Easy via Internet Banking |
|
| - on standard terms of agreement |
Min. 100 |
|
| - on non-standard terms of agreement |
Agreed on case-by-case basis, min. 200,00 |
|
| Setting up escrow account additionally in a foreign language |
Agreed on case-by-case basis, min. 100,00 |
|
| Verification of documents issued outside Latvia (ID, passport, business supporting documents, etc.) |
200,00 |
|
| Checking of powers of attorney issued by other institutions |
See Current account |
|
| Using |
| Servicing account |
0,00 - 150,00 |
|
| Changes |
| - in terms of the escrow account agreement |
50,00 |
|
| - in non-standard terms of the escrow account agreement |
Agreed on case-by-case basis, min 70,00 |
|
| Informing customers |
Free of charge |
|
| Closing |
| Closing account |
Free of charge |
|
Effective from 01.10.2016.
