GeneralCorporate BankingMoney servicesLocal payments and international transfers

Local payments and international transfers

AS "Meridian Trade Bank" is offering you to process EUR and foreign currency denominated Customer credit transfers (wire transfers/payments) in favour of the beneficiaries having account with a Latvian or foreign credit institution.

 

According to the priority credit transfer are divided to standard, urgent and express ones.

 

Comments on the priority option, specified:

 

Standard:

 

  1. For EUR denominated transfer - payment order date is in the same working day, following the date when the payment order, submitted to the Bank before 13.00 Latvian time, has been accepted by the Bank. If payment order is submitted after 13:00 (till 17:00) Latvian time, payment order date is the next working day.
  2. For foreign currency payment orders date here

 

Urgent:

 

  1. For foreign currency payment orders date here

 

Express:

 

  1. For EUR denominated transfer - value date is in one hour, when the payment order, submitted to the Bank before 15.00 Latvian time, has been accepted by the Bank. 
  2. For foreign currency payment orders date here

 

To make a transfer the Customer must provide a payment order to the Bank.

 

In the payment order in euro the Customer needs to specify the following details:

 

  • the number of payment order
  • the date of filling of payment order
  • the name of the payer and the personal code for natural person / name and registration number for a legal entity
  • the resident/non-resident payer's mark
  • the Customer's account number
  • the recipient's name and a personal code (if the recipient is a resident natural person) / registration number of the legal entity (if the legal entity is a resident)
  • the resident/non-resident recipient's mark
  • the recipient's bank and it's SWIFT
  • the recipient's account number in IBAN format
  • the amount of transfer in numbers and letters and a currency abbreviation in ISO format
  • the external payment code and country code for non-residents
  • in case if the payment order is filled on paper: the signature of the Customer (payer) - natural person / the signature(s) of the Customer - legal entity, bearing seal of the legal entity, matching with seal and signature(s) specified in the sample signatures and seal card

 

In the payment order in foreign currency the Customer needs to specify the following details:

 

  • the name of the payer and the personal code of the natural person (if any) / the name and registration number of the legal entity
  • the date of filling of payment order
  • the resident/non-resident payer's mark
  • the payer's account number
  • the amount of the credit transfer in numbers and letters and a currency abbreviation in ISO format
  • the correspondent bank, its address and SWIFT*
  • the recipient's Bank, its address, SWIFT, and account number in the correspondent bank*
  • the recipient's name and a personal code, if this natural person is a resident of Latvia, or recipient's name, address, and legal entity registration number, if that legal entity is a resident of Latvia, and the country code
  • the resident/non-resident recipient's mark
  • the recipient's account number
  • the mark of who will pay a fee to the Bank - recipient or payer
  • the type of payment - standard or express
  • the purpose of payment (a short but sufficient for understanding explanation of the economic matter of the operation, type of product or service, description with the obligatory indication of the number and date of invoice and/or the contract, according to which the transfer is being made)
  • the external payment code

 

*items, which are advisable, but not required.

 

For each Customer the AS "Meridian Trade Bank" offers the opportunity to independently monitor the status of your account and issue transfer orders to the Bank regardless of the Bank's working time by using the MultiNet remote account management system.

 


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Contacts

 
Information
AS "Meridian Trade Bank" Head office
57 Elizabetes Str., Riga, Latvia, LV-1050

Ph.: +371 67019393
WhatsApp: +371 27677569 (chat)
Skype: mtb_info (chat)
E-mail: info@mtbank.eu
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