ABLV Bank, AS|
23 Elizabetes Street
Riga, LV-1010, Latvia
Tel: +371 6777 5222|
Fax: +371 6777 5200
Client line: +371 6777 5555
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!
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.
Due to continual execution of currency exchange transactions and wide partner network, we can exchange virtually any amount at favourable rate.
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.
Now you need not check your account balance in the Internetbank time and again when awaiting funds to be credited to your account — just get this information to your mobile phone or e-mail.
But even after receiving a credit memo for payment in favor of our client, we never exactly know how long it will take a transfer to get to our correspondent account.
One Friday, with the weekend ahead and a holiday on Monday, the ship is in the port waiting for coal loading but an incoming transfer from Europe is not on the account. Time passes, and it is necessary to make a timely outgoing payment to be seen in Ukraine not to reschedule the loading on Tuesday. In that case all costs associated with considerable demurrage of a vessel will burden our client.
Since we know the client very well and the entire cash flow of his business passes through our bank, we offered him an unsecured overdraft. Ukrainian suppliers got the money the same day and began loading.
The client received the prepayment from Europe an hour before the end of the working day, so the Ukrainian partners could hardly have money on their account the same day. But since the money came and the overdraft was repaid, the client has paid only 50 euros for getting the overdraft and save 30 000 USD.
Head of Private Banking Department Center II
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.
Head of Private Banking Department West