Signet Bank: online business account opening for non-resident companies

03.09.2026

LatviaBank

Signet Bank

Open bank account for company: about the bank, who it works with in Latvia, open bank account for business for non-residents, payments, fees and key features.

CountryLatvia
TypeBank
Company account opening online in 2026For a company in England, it is possible to open UK business account online with a non-resident director. Other options are available on request.
Information about the bank and online company account opening / payment systemA specialised or medium-sized bank in the local market
Multi-currency account, payment typesˆ, SEPA and SWIFT

Open business bank account 2026

Who the account suitsAs an alternative option for international business.
What mattersClient business profile, payment history, sample contracts, a working website and the logic for working with this bank.
PaymentsWe review currencies, incoming and outgoing transactions, local payment details, SWIFT/SEPA and the need for a backup account.
Company with an accountYou receive a ready practical solution for opening an offshore business account online and the transaction payment structure.
Our recommendations: even if you have already selected a bank and agreed online account opening through partners, we always advise our clients to diversify risks across banks and countries. One bank account is good, two accounts are even better, and three already show strategic thinking, business stability and potential.

Information about the bank and company bank account opening

Signet Bank is a bank serving clients in Latvia and international business. Before we submit an application in 2026, we check the current legal entity, licence status and availability of the required product.

Latvian banks working with international business specialise in individual compliance and EUR settlement solutions. For the client, this means that the institution should be selected not only by the country name, but also by currencies, the type of counterparties, the need for credit, cards and a backup payment channel.

Open company bank account for a non-resident or offshore company

An application from a non-resident company to Signet Bank is reviewed individually. A strong profile includes a clear business activity, working website, contracts, expected turnover, countries of counterparties, source of funds and a clear business connection with Latvia. For an active operating business bank account opening, we prepare a description of incoming and outgoing payments in advance.

Bank fees for open bank account for company and SWIFT/SEPA payments in USD/EUR

Opening and reviewAfter KYC; no single standard fee for a non-resident company is published.
Account serviceAccording to the selected corporate/private package or an individual bank offer.
Domestic paymentsAccording to the current tariff; main channels: ˆ, SEPA and SWIFT.
International paymentsSWIFT/SEPA where available; correspondent bank charges and OUR/SHA/BEN costs may apply.
FX conversionThe bank exchange rate and FX margin depend on the currency pair and transaction volume.

Bank fees for open bank account for business | Cost of open business bank account and USD/EUR payments

Other bank account opening for business options

Latvia — bank account for UK Ltd company in a local bank or EMI: we advise paying attention to AS Magnetiq Bank / Industra Bank. For stable operation of your business, we recommend additionally open company bank account in another country: see bank selection for a second bank account opening for company.

Open bank account for UK Ltd company or offshore company

  1. We open a bank account online for the company director. In most banks and payment systems, to open company account online it is first necessary to open a personal account with the same bank or payment system for the company director. This is connected with using one application to manage online banking.
  2. We prepare documents for online company account opening. Full support for online account opening and form completion, direct consultations and remote expert assistance through TeamViewer / messengers, work with financial monitoring, preparation and review of the KYC/KYB package before submission to the bank, payment support and explanation of the source of funds for the business.
  3. Company account is open. What next? We support online opening of the company’s second account with a European payment system / EMI or a second account with a traditional bank. On request, we support preparation of the initial document package for the company to work with your business: contracts, invoices and specifications taking into account financial monitoring requirements in the country of your bank, correspondent banks and the recipients/senders of funds.

An EU IBAN business bank account opening for your company, managed from a smartphone? Yes. No monthly fee! A special offer from our partners for clients who buy a ready-made UK Ltd: strong options for payments in Europe and other countries in EUR and USD through SEPA and SWIFT. We will help you organise substance for your company — you organise the business, and we handle the administrative work.

Ask about online account opening terms

WHAT TO DO AFTER Bank account opening for business

Open company bank account is not enough; keeping it working is important.

Signet Bank and a working bank account opening for company are already 70% of success. But it is also important to keep the company bank account opening working for as long as possible. That is how the system works. Sooner or later it will happen. The main thing is that by that time you have managed to achieve the main business goal — make a profit. And you will continue working through the second business bank account opening online that you opened in advance as a "wallet". If so, you are on the right track. We wish you success in business!

Account opening consultation