Rietumu Banka

Bank Money Transfer from UK Accounts to Rietumu Banka

Transfer UK pounds money from a British bank account to Rietumu Banka in Latvia and attain the very best UK pound to euro currency exchange rates. The best alternatives for sending funds from the UK to a Rietumu Banka account in Latvia, a currency broker will save you time and money on the transaction.

About Rietumu Banka

Rietumu Banka is a Latvian commercial bank that was founded in 1992 in Lativa. The bank is one of the largest private banks in the Latvia and Baltic States, specialising in private and business banking and has it’s head office in Riga, Latvia.

Rietumu Banka UK Pound & Euro Exchange Rates

Bank Name | FX Broker ComparisonFX RateGBP to EURFREE QUOTE
Rietumu Banka*3.0%€1.062 infoEnquire
TorFX*0.7%€1.088 infoEnquire

UK pound sterling (GBP) and euro (EUR) currency rates are updated daily at 09:00 GMT.

*Note: A lower FX Rate will give a better exchange rate when transferring money to/from euro. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.

TorFX Reviews and Quotation

Euro Transfer to/from Rietumu Banka in Latvia

Making a transfer to or from the euro using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.

UK bank to Rietumu Bank account v Currency Brokers

1: Bank money transfer information: General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or €5476.765 euro. Bank transfer commission fees range from £15 to £30 depending on the bank.

2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.

Sending Money Abroad with Rietumu Banka

To transfer funds abroad from your Rietumu Banka account, you have to give the beneficiary’s IBAN and BIC to the bank. There are two types of transfers:

1: Euro Transfers: transfers exclusively in euros for amounts less than or equal to EUR 50,000 within the European Union, including the precise bank details of the beneficiaries (i.e. BIC and IBAN).

2: International Transfers: any transfers within or to countries outside the European Union (other currencies, no IBAN, etc.)

International transfer requests may be submitted by fax as long as you have signed a request at your local Rietumu Banka branch.

Rietumu Banka Euro Transfer Exchange Rates

TorFX Euro Currency Transfers

General Information
Rietumu Banka Euro and UK Pound Exchange Rates
Rietumu Banka Euro and UK Pound Exchange Rates
Compare foreign exchange rates when transferring money to or from your Rietumu Banka euro account to UK pounds, US dollars or other popular currencies.
Compiled By
Euro Transfer