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Temporary account

What we offer

A service that significantly simplifies the registration of a new company.

  • The account can now also be opened remotely!

  • A temporary account is used to deposit funds forming the company’s share capital

  • The share capital can be credited to the Temporary account in cash or by transfer

  • The service is available in all jurisdictions within the European Economic Area

  • The Temporary account can be converted into a Current account to use all Bank services

  • Opening a Temporary account and issuing a confirmation of share capital payment to the Register of Enterprises takes only 1–2 hours after receiving your documents

How to open a Temporary account?

Account opening in person
  • Complete the application and questionnaire and review the Terms and Conditions for opening a temporary account during the establishment of a legal entity (find documents here)

  • Present a valid identification document

  • Provide the minutes of the founding meeting or the relevant resolution

  • Pay the commission fee in accordance with the Bank’s price list

Account opening remotely
  • Complete the application and questionnaire and review the Terms and Conditions for opening a temporary account during the establishment of a legal entity (find documents here)

  • Send the completed and signed forms and a copy of your passport or ID card to: welcome@bluorbank.lv

  • Pay the commission fee in accordance with the Bank’s price list

  • Complete identification during a video call or using an electronic signature
    (learn more here)

  • Receive a confirmation of the Temporary account opening by email

If you would like to open a Temporary account or have any questions,
please contact us!