Latvijas pasta banka

Bank guarantees

Valid from 24.07.2013

Service Transactions in EUR Transactions in USD
Consideration of application
If the guarantee is covered by cash/term deposit at the Bank 75 EUR 100 USD
If the guarantee is covered by another type of security 150 EUR 200 USD
Issue of guarantee (for each guarantee) 75 EUR 100 USD
Using the guarantee
If the guarantee is covered by cash/term deposit at the Bank 1% of the guarantee amount per year (min 75 EUR) 1% f the guarantee amount per year (min 100 USD)
If the guarantee is covered by another type of security 2 - 4% of the guarantee amount per year (min 150 EUR) 2 - 4% of the guarantee amount per year (min 200 USD)
Changes to conditions of the guarantee/revocation of guarantee 75 EUR (for each change) 100 USD (for each change)
Execution of payment request 0.2% of the payment request amount,
(min. 75 EUR)
0.2% of the payment request amount,
(min. 100 USD)


Service Transactions in EUR Transactions in USD
SWIFT fee 7 EUR 10 USD
Authorization for receipt of goods 45 EUR 60 USD
Postage expenses According to actual expenses of the Bank

* SWIFT, mail, courier, telephone, correspondent bank fees and other JSC "Latvijas pasta banka" actual costs for the letter of credit shall be borne by the customer

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