Latvijas pasta banka

Import letter of credit

Valid from 24.07.2013

Service Transactions in EUR Transactions in USD
Issuance of letter of credit 86 EUR 120 USD
Preparation and approval of a draft letter of credit 75 EUR 100 USD
Commission for using a letter of credit
  1. if the collateral is a cash cover - 1% of the amount per year, (min. 36 EUR)

  2. if there is another collateral - by agreement

  1. if the collateral is a cash cover - 1% of the amount per year, (min. 45 USD)

  2. if there is another collateral - by agreement

Change to conditions of letter of credit/revocation of letter of credit according to the customer's instruction 75 EUR 100 USD
Payment for documents (documentation fee) 0.2% of the amount, (min. 86 EUR) 0.2% of the amount, (min. 110 USD)
Commission for deferred payment 75 EUR 100 USD
Commission for erroneous documents 75 EUR 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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