Opening a local bank account is one of the first steps to settling into life in Riga. A Latvian bank account makes it easier to receive your salary, pay rent and utilities, make everyday purchases and access online services.
Most banks in Latvia offer modern digital banking solutions, including mobile apps, internet banking and contactless payments. While some services can be arranged remotely, non-EU citizens may be required to visit a branch in person to complete the account opening process. Requirements may vary depending on the bank and your residency status.
Documents you may need
The exact list of required documents depends on your chosen bank and individual circumstances, but you will typically be asked to provide:
- A valid passport or national identity card
- A temporary residence permit or EU Blue Card or Long-term D visa for work
- An employment contract
Some banks may ask additional questions about the purpose of the account, your planned transactions or the source of your income as part of standard compliance procedures.
Choosing a bank
Several banks in Latvia offer services in English and have experience working with international clients and expats.
Popular banks include:
Before opening an account, compare account fees, online banking features, international transfer options and branch availability.
Online and mobile banking
Online banking is widely used in Latvia, and most banks provide mobile apps that allow you to:
- Manage accounts and cards
- Make local and international payments
- Receive salary payments
- Pay bills and utilities
- Access customer support
Many services can be completed digitally, reducing the need to visit a branch.
Useful tips for foreigners
- Book an appointment in advance if you need to visit a bank branch.
- Bring original documents and certified translations if required.
- Ask about fees for international transfers and currency exchange.
- Keep your residence permit and contact details up to date to avoid interruptions to your banking services.