On changes in crediting of accounts in USD due to the American national holiday

12 February 2009, 12:00

On 16 February 2009, the USA celebrates a Federal Holiday – Presidents Day. On this day all state and commercial institutions, including banks, in the US will be closed. Therefore, on 17 February Rietumu Bank will not perform the account crediting operations in USD, which are carried out through the American correspondent banks.

Outgoing payment instructions in US dollars received from customers on 13 February after Cut off time (3:00 p.m. Latvian time) will be sent on the same date with value date marked as 17 February 2009.

Starting from 18 February, all transactions in USD will be carried out as usual.

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