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 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!

  • 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

    Cash withdrawal or deposit, as well as any operations with bank notes, are carried out in ABLV Bank Headquarters and Mortgage Loans Service Department.

  • SMS/E-mail Notifications

    When expecting an incoming payment you don’t need to check your internetbank — be informed about it simply receiving a notification in your mobile phone or email.

  • Overdrafts

    If you need to quickly increase the amount of funds available in your account, you can use overdrafts — this is the most convenient solution for receiving financing before receiving and incoming payment to your account.

  • Overdraft instead of conversion

    Our commercial client pays to his suppliers in euros and sells goods for U.S. dollars.
    • Once, when it was time to pay to the supplier and our client had dollars on his account, he saw that the dollar against the euro was growing, so he decided that it was not profitable to buy euros at the moment, and it would be better to do it later.

      The client called us for advice. His private banker offered him to take an overdraft in euro secured by dollars the client had on his current account.

    • Thus the client would be able to pay in euro for the delivery immediately, and to convert later when paying off the overdraft.

      The client was correct in his forecast of currency rate change, and ultimately the cost of the overdraft was significantly lower than the rates difference that provided the client with an extra profit from the transaction.

    Sergei Deinekin

    Head of Private Banking Department West

  • Bonus overdraft at the right time

    At the end of the working day, around 7 p. m., the Client Line received a call from our client – the company engaged in logistics. Its employee found himself in a difficult situation: being on a gas station in Poland, he did not have enough money on his card account to pay for fuel.
    • In this company there work a lot of drivers, and each of them has a payment card for settlements during their trips. One employee of the company is responsible for monitoring the balance on drivers’ card accounts. Unfortunately, in the described situation the driver’s card account hadn’t been replenished on time, although there was enough money on the company’s account. The banking day has closed and the private bankers serving this company's account left.

    • Fortunately, their colleague stayed in the office, and the head of the department, inputting transactions into the banking system, was still at work as well. All parties involved quickly coordinated their actions, as a result, in less than a half an hour, the driver was granted a bonus overdraft on his card account. The driver paid for the fuel and was able to continue his way without disrupting the schedule.

    Vladislavs Serdjuks

    Head of Private Banking Department North