Payments

You can make transfers by clearing and cash payments domestically, as well as transfers by clearing and cash payments to foreign countries from the post office, in which your account is opened.

 

If your company has a current account opened at any of our post offices, you have access to the widest range of transfers both within Latvia and to other countries.

By using the services of “Latvijas Pasts”, your daily cash transfers will be fast, convenient and very advantageous.

Depending on the everyday situation and needs of the company, you can choose the most suitable and safest type of transfer.

 

 

Domestic Payments

Domestic transfers are all payments between partners having accounts in any bank of Latvia or at “Latvijas Pasts”. Transfers by clearing from the post office, in which your account is opened, to the account of other legal entity or individual in Latvia.

Enjoy the following benefits:

  • quickly transfer money to recipients in Latvia
  • avoid the limitations imposed on cash payments
  • ensure the confidentiality of transactions carried out
  • receive printed statements certifying the payments made to your e-mail or at the post office
  • register a regular payment to transfer a fixed amount weekly, monthly, half-yearly or annually

International Payments

Transfers by clearing from the post office, in which your account is opened, to the account of other legal entity or individual abroad.

1. Very convenient, safe and fast cash transfers and payments by transfer in the Single Euro Payments Area (SEPA) to European Union countries as well as Iceland, Liechtenstein, Monaco, Norway and Switzerland.

In order to make a SEPA payment:

  • the currency must be EUR
  • the recipient must have an IBAN account (written without spaces)
  • specify the identification code (SWIFT/BIC) of the receiving bank
  • choose between economic or standard payment
  • pay the fee set by “Latvijas Pasts”

An economic SEPA payment is transferred to the recipient's account no later than on the second business day.

2. Ordinary international transfer

An ordinary international transfer arrives at the beneficiary bank or the intermediary bank two business days after the transfer has been made, if the payment order is submitted on a business day before 17:00.

 

As of January 11, 2021, Latvijas Pasts changes Money transfers rates, continuing to provide customers with one of the lowest commission payments in the country.

Changes in tariffs will be applied to Postal account system account transfers to a credit institutions in cash, domestic and international money transfers. Added fee to PMLP registry check when customer uses power of attorney and for payment cancellation.

Service Tariff (EUR) from 11.01.2021.
Payment by cash deposit to a credit institution in Latvia (physical person) 2% of the amount, min.4,00
Payment by cash deposit to a credit institution in Latvia (legal person) 2% of the amount, min.10,00
Cross-border money transfer from Postal account to a credit institution (Non-SEPA) 15,00
PMLP registry check when customer uses power of attorney 2,00
Payment cancellation request 10,00 + actual costs

As of January 11, 2021  persons from age of 16 are eligible to open Postal account system account.