2 reasons why you don't want to bank in Latvia!

[HeartyHandshakes]

Let me confirm with the OP. I had an account in Latvia and they wouldn't even send wires without a full explanation of who it's going to, and why, etc. Even when I tried to send a wire from my corp to my wife's they still asked me for verfication it was ok so I literally handed the phone to my wife and they still rejected the wire. The account was with the top bank on the post. It was insane.

 

[suzy]

I have heard lot's of good and bad about Latvia banking! I'm not sure if it's really bad to bank there or if it is just propaganda to keep people away from this country and their banking!

 

[suzy]

HeartyHandshakes said:
Let me confirm with the OP. I had an account in Latvia and they wouldn't even send wires without a full explanation of who it's going to, and why, etc. Even when I tried to send a wire from my corp to my wife's they still asked me for verfication it was ok so I literally handed the phone to my wife and they still rejected the wire. The account was with the top bank on the post. It was insane.
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So you don't bank there anymore I guess 😉

 

[crownblown]

lookingforward said:
No, i just have a good friend of mine in Rietumu, and i never had problems there (maybe because i was local). ALSO im not advertising anything on that forum, except my web pratice, so please, pass by your points to yourself, thank you.
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Thank you to clarify 🙂

 

[crownblown]

clemens said:
here we go BlueOrange Bank former Baltikums Bank Review, wht you think? they Work fine, but I have a network of people which I'm working with on a daily basis, most of them warned me to not open any account with any bank in Latvia!
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This is the only bank that will accept foreign people opening remote bank accounts?