ABLV Bank, AS
23 Elizabetes Street
Riga, LV-1010, Latvia 		Tel: +371 6777 5222
Fax: +371 6777 5200
Client line: +371 6777 5555
E-mail: info@ablv.com

www.ablv.com
ABLV
Services / Banking /

Settlement and Cash Services

From the whole range of banking transactions, all of us definitely use settlement and cash services — regardless of our location, age and marital status.

Nowadays, money are an integral part of our lives. We offer settlement and cash services that allow you manage your personal and business funds easily and efficiently.

For your convenience, we offer a wide range of settlement services: payments, account balance maintenance, currency exchange, regular payments, cheques, and other services. Thus you can always find a proper solution for performing your money transactions.

Contact your private banker to receive a solution
tailored exactly to your needs!

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  • Payments

    We know that you need funds transferred to your account to be at your discretion as soon as possible, and that is why we credit payments in major currencies to your account on the day those are received. Not less important is to ensure that funds sent by you reach beneficiary without delay. 

  • Currency Exchange

    Due to continual execution of currency exchange transactions and wide partner network, we can exchange virtually any amount at favourable rate.

  • Cash Services and Cheques

    Cash withdrawal or deposit, as well as any operations with bank notes, are carried out in ABLV Bank central office and all loans centres. We accept USD cheques from other banks. 

  • SMS or E-mail Notification

    Now you need not check your account balance time and again when awaiting funds to be credited to your account — just get this information to your mobile phone or e-mail.

  • Investigating incoming payment

    Our client sent us a credit note for the incoming payment – as a guarantee for taking an overdraft to pay for purchased goods. However, in the first half of the day the money stated in the document didn’t come to the bank. So the client got concerned about the situation.

    • According to a credit note the funds passed through the chain of correspondent banks. We could able see that funds only on our correspondent account, and we didn’t find them there. We immediately began to investigate the situation: our Payment Investigation Department made a request for investigation of the payment to the correspondent bank of the sender, and got explanation that the amount had came with incorrect details.

    • Due to the effective work of all participants of the process, the amount under investigation entered our correspondent account in the same business day, the client was immediately granted an overdraft, and its outgoing payments posted on time.

      The client was pleasantly surprised by our efficiency, because, as he said, the similar process with another bank would have taken few days. 

    Mark Mizgayev

    Head of Private Banking Department Center I

  • Phone Bank solved the problem

    Being on a business trip and meeting with business partners, our client suddenly realized that he forgot to make a significant payment and left the account management tools at home in his safe.

    • Fortunately, a few weeks before the private banker made a regular visit to the client and asked him to add several major contractors in the Phone Bank templates. The required partner was among them.

    • The client phoned the bank and made the order to execute the necessary transfer. It took only a few minutes and allowed the client to continue the business meeting with no worry.

    Sergei Deinekin

    Head of Private Banking Department West

  • Mark Mizgayev
  • Sergei Deinekin