E-invoices

Frequently asked questions

• How to apply for automated payment of e-invoices?

  Click the "Order new e-invoice" button and, in the list, find the name of the company for which you wish to enable automated payment of e-invoices. When filling out the application, make sure you have the automated payment checkbox ticked. Setting up the agreement is free of charge. The automated payments are subject to the current price list of payments: transfers to Swedbank accounts are free of charge and transfers to other banks in Latvia cost 0.36 EUR.

• What should one know about monthly limits?

  At the time of setting up the agreement, you can specify a monthly limit of your choice which may not be exceeded in the automated payment of e-invoices. If the amount of the invoice exceeds the set limit, the payment of the invoice depends on whether you’ve permitted partial payment. If partial payment is permitted, then an amount which is equivalent to at least half of the invoice amount and does not exceed the set limit will be transferred to the payee. If partial payment is not permitted or if it's possible to transfer only an amount which is less than half of the full invoice amount, then no payment will be made. Please verify that the monthly limit is high enough and that there are enough funds in your account for paying invoices as they fall due.

  The payment arrangements may differ from case to case, therefore, when setting the monthly limit, allow for the fact that more than one invoice may be sent in within a month and that the cost of service may be subject to change (for example, the first month’s invoice may include down payment). In such an event, the amount debited from your account will be larger than usual.

• What are the possibilities to choose the invoice payment date?

  When setting up e-invoice automated payment, you can choose the payment day to be:

  • The due date (the payment deadline specified by the service provider in the e-invoice).
  • Two days after receiving the e-invoice. That way the e-invoice will be paid in timely manner without waiting for the deadline.
  • Two days before the due date. If the payee’s account is with other bank, you can be sure that the amount will be transferred to the payee until the due date and the payment will not be overdue.

  You can modify the terms of payment by selecting the respective e-invoice automated payment agreement.

• Will my e-invoice be paid automatically if my account lacks funds in EUR but has funds in other currencies?

  The e-invoice will not be paid if there is no positive balance of EUR currency in the account on the due date. The account must contain funds in EUR currency. If you have funds in other currency in your account, exchange the required amount of funds into EUR via Internet Banking before the date due for payment.

• What will happen to automated payment if the account lacks funds on the due date?

  When the account balance is not sufficient for paying the e-invoice on the due date, the system will automatically check availability of funds for 6 more days. If, on the seventh day, the account does not have sufficient funds to pay the e-invoice in full, the invoice may be paid in part if you have permitted partial payment in your e-invoice automated payment agreement.

Terms of e-invoice automated payment agreement