AS "Rietumu Banka" provides products and services in the areas of retail banking, private banking, corporate banking. The range of products offered by AS "Rietumu Banka" includes multiple currency accounts, payment cards, savings accounts, time deposit accounts (0.30 - 1.50 %), consumer loans, mortgage loans, business loans, trade finance, brokerage.
Products and services offered by AS "Rietumu Banka" are available at its branches and via its online banking system.
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
AS "Rietumu Banka" offers the following time deposit accounts.
Updated on 17 February 2020
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Time deposit accounts made with AS "Rietumu Banka" are covered by deposit guarantee scheme of Latvia up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts is not taxed in Latvia for both residents and non-residents.