On changes in execution of USD payments

9 November 2012, 12:00
Due to the Federal Holiday in the USA on 12 November, outgoing payment instructions in US dollars received from customers on 9 November after Cut off time (06:00 p.m. Latvian time for Standart payments, 06:30 p.m. Latvian time for Express payments) will be sent with value date marked as 13 November 2012.

Outgoing payment instructions in US dollars, including Express payments, received from customers on 12 November will also be sent with value date marked as 13 November.

Please note this information when planning your deals and notify your business partners thereof.

Eleonora Gailisha
Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail: egailisha@rietumu.lv
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Offshore as a Latvian development path: bold imagination or near future?

In a couple of months changes in Latvian legislation, providing the most favorable regime for international holdings will become effective. Amid positive expectations, pessimistic views of a number of “experts” arise on perspectives of transformation of Latvia in the “new Cyprus” and on stability of new tax policy. One other thing is true: Latvia will have a chance of attracting thousands of investors – the way Cyprus, Malta, Luxembourg and other European neighbors have already done.

5 November 2012, 12:00 Products & Services