JSC “RIETUMU BANKA” AND CLIENT AGREEMENT “Rietumu Banka” / 7 Vesetas / Riga / LV-1013 /...
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Date (dd/mm/yyyy) / /20 JSC “Rietumu Banka” 7 Vesetas, Riga, LV-1013, Latvia Registration No. 40003074497, RTMBLV2X, REUTERS: RIET Telephone: +371 67025555, Fax: +371 67025588 [email protected], www.rietumu.com Approved at the meeting of the Board of the JSC “Rietumu Banka”, 31.03.2015, Minutes No. 21 Passport / ID card / Registration No. Identity number (only for residents of the Republic of Latvia) (corporate entity: full name / private individual: name, surname) Street, house, flat Residential / Legal address City Country Postal code represented by who acts on the basis of (hereinafter – the Client) on the other part, the Bank and the Client (hereinafter – the Parties) have concluded the agreement (hereinafter – the Agreement) on the following: 1. The subject matter of the Agreement is the establishment of legal relations between the Parties wherein the Bank delivers services to the Client for remuneration. 2. The Terms and Conditions of JSC “Rietumu Banka” and Client Agreement (hereinafter – the Terms and Conditions) determine the rights and obligations of the Parties as well as procedure of providing services of the Bank to the Client. In order to use any services of the Bank, the Client submits a relevant Order to the Bank. The Terms and Conditions constitute an integral part of the Agreement. 3. The Client confirms that he/she has access to the Internet and agrees that the Bank may provide non-confidential and/or not personally addressed information to the Client by publishing it on the Bank’s website www.rietumu.com. 4. The Client under the Terms and Conditions provides the Client’s property in custody of the Bank to the Bank as a Financial Collateral (within the meaning of the Financial Collateral Law of the Republic of Latvia (Finanšu nodrošinājuma likums)) to guarantee and secure the fulfilment of the Client’s liabilities. 5. The Client understands and accepts that in case of outstanding obligations on the part of the Client to the Bank which derives from the maintenance of Investment Accounts, the Bank is entitled to use the Assets held as the Financial Collateral in the transactions the Bank performs at its own expense, as well as at expense of other Clients of the Bank, including but not limited to pledge, re-pledge, sale, purchase or lend to third parties. 6. The Bank guarantees and ensures confidentiality of the Client’s personal data and transactions and their nondisclosure to third parties unless the legislation of the Republic of Latvia and the Terms and Conditions stipulate otherwise. The Bank uses the information provided by the Client to the extent and within limits stipulated in the legislation of the Republic of Latvia. The information may be used for marketing and commercial purposes and handed over to persons within the Group of the Bank entities. 7. The substantive law of the Republic of Latvia governs the rights and obligations of the Bank and the Client arising from the Agreement. 8. The Parties settle disputes relating to the Agreement in line with the Terms and Conditions. 9. The Agreement takes effect upon its signature by the Parties and is valid for an indefinite period. 10. The Parties are entitled to terminate the Agreement in line with the Terms and Conditions. 11. The Agreement is concluded and signed in two copies having equal legal force. (name, surname) Client represented by: (signature, seal) (name, surname) Bank represented by: (signature, seal) The joint stock company “Rietumu Banka”, the unified registration No. 40003074497, the legal address: 7, Vesetas Street, Riga, LV-1013, the Republic of Latvia, represented by who acts on the basis of a power of attorney (hereinafter – the Bank) on the one part and JSC “RIETUMU BANKA” AND CLIENT AGREEMENT (COMPLETE IN BLOCK CAPITALS) (name, surname) AD375KVE 31.03.2015 Date of birth / registration (dd/mm/yyyy) Country of issue and issuing authority of the passport / ID card (for private individuals only) Passport / ID card issued on (dd/mm/yyyy) (for private individuals only) / / / /
Transcript of JSC “RIETUMU BANKA” AND CLIENT AGREEMENT “Rietumu Banka” / 7 Vesetas / Riga / LV-1013 /...
Date (dd/mm/yyyy) / /20
JSC “Rietumu Banka”7 Vesetas, Riga, LV-1013, LatviaRegistration No. 40003074497, RTMBLV2X, REUTERS: RIETTelephone: +371 67025555, Fax: +371 [email protected], www.rietumu.com
Approved at the meeting of the Board of the JSC “Rietumu Banka”, 31.03.2015, Minutes No. 21
Passport / ID card / Registration No.
Identity number (only for residents of the Republic of Latvia)
(corporate entity: full name / private individual: name, surname)
Street, house, flat
Residential / Legal address
City Country Postal code
represented by
who acts on the basis of
(hereinafter – the Client) on the other part, the Bank and the Client (hereinafter – the Parties) have concluded the agreement (hereinafter – the Agreement) on the following: 1. The subject matter of the Agreement is the establishment of legal relations between the Parties wherein the Bank delivers services to the Client for remuneration.2. The Terms and Conditions of JSC “Rietumu Banka” and Client Agreement (hereinafter – the Terms and Conditions) determine the rights and obligations of the Parties as well as procedure of providing services of the Bank to the Client. In order to use any services of the Bank, the Client submits a relevant Order to the Bank. The Terms and Conditions constitute an integral part of the Agreement.3. The Client confirms that he/she has access to the Internet and agrees that the Bank may provide non-confidential and/or not personally addressed information to the Client by publishing it on the Bank’s website www.rietumu.com.4. The Client under the Terms and Conditions provides the Client’s property in custody of the Bank to the Bank as a Financial Collateral (within the meaning of the Financial Collateral Law of the Republic of Latvia (Finanšu nodrošinājuma likums)) to guarantee and secure the fulfilment of the Client’s liabilities.5. The Client understands and accepts that in case of outstanding obligations on the part of the Client to the Bank which derives from the maintenance of Investment Accounts, the Bank is entitled to use the Assets held as the Financial Collateral in the transactions the Bank performs at its own expense, as well as at expense of other Clients of the Bank, including but not limited to pledge, re-pledge, sale, purchase or lend to third parties.6. The Bank guarantees and ensures confidentiality of the Client’s personal data and transactions and their nondisclosure to third parties unless the legislation of the Republic of Latvia and the Terms and Conditions stipulate otherwise. The Bank uses the information provided by the Client to the extent and within limits stipulated in the legislation of the Republic of Latvia. The information may be used for marketing and commercial purposes and handed over to persons within the Group of the Bank entities.7. The substantive law of the Republic of Latvia governs the rights and obligations of the Bank and the Client arising from the Agreement.8. The Parties settle disputes relating to the Agreement in line with the Terms and Conditions.9. The Agreement takes e§ect upon its signature by the Parties and is valid for an indefinite period.10. The Parties are entitled to terminate the Agreement in line with the Terms and Conditions. 11. The Agreement is concluded and signed in two copies having equal legal force.
(name, surname)
Client represented by:
(signature, seal)
(name, surname)
Bank represented by:
(signature, seal)
The joint stock company “Rietumu Banka”, the unified registration No. 40003074497, the legal address: 7, Vesetas Street,
Riga, LV-1013, the Republic of Latvia, represented by
who acts on the basis of a power of attorney (hereinafter – the Bank) on the one part and
JSC “RIETUMU BANKA” AND CLIENT AGREEMENT
(COMPLETE IN BLOCK CAPITALS)
(name, surname)
AD375KVE 31.03.2015
Date of birth / registration (dd/mm/yyyy)
Country of issue and issuing authority of the passport / ID card(for private individuals only)
Passport / ID card issued on (dd/mm/yyyy) (for private individuals only) / /
/ /
Date (dd/mm/yyyy) / /20
JSC “Rietumu Banka”7 Vesetas, Riga, LV-1013, LatviaRegistration No. 40003074497, RTMBLV2X, REUTERS: RIETTelephone: +371 67025555, Fax: +371 [email protected], www.rietumu.com
Approved at the meeting of the Board of the JSC “Rietumu Banka”, 31.03.2015, Minutes No. 21
Passport / ID card / Registration No.
Identity number (only for residents of the Republic of Latvia)
(corporate entity: full name / private individual: name, surname)
Street, house, flat
Residential / Legal address
City Country Postal code
represented by
who acts on the basis of
(hereinafter – the Client) on the other part, the Bank and the Client (hereinafter – the Parties) have concluded the agreement (hereinafter – the Agreement) on the following: 1. The subject matter of the Agreement is the establishment of legal relations between the Parties wherein the Bank delivers services to the Client for remuneration.2. The Terms and Conditions of JSC “Rietumu Banka” and Client Agreement (hereinafter – the Terms and Conditions) determine the rights and obligations of the Parties as well as procedure of providing services of the Bank to the Client. In order to use any services of the Bank, the Client submits a relevant Order to the Bank. The Terms and Conditions constitute an integral part of the Agreement.3. The Client confirms that he/she has access to the Internet and agrees that the Bank may provide non-confidential and/or not personally addressed information to the Client by publishing it on the Bank’s website www.rietumu.com.4. The Client under the Terms and Conditions provides the Client’s property in custody of the Bank to the Bank as a Financial Collateral (within the meaning of the Financial Collateral Law of the Republic of Latvia (Finanšu nodrošinājuma likums)) to guarantee and secure the fulfilment of the Client’s liabilities.5. The Client understands and accepts that in case of outstanding obligations on the part of the Client to the Bank which derives from the maintenance of Investment Accounts, the Bank is entitled to use the Assets held as the Financial Collateral in the transactions the Bank performs at its own expense, as well as at expense of other Clients of the Bank, including but not limited to pledge, re-pledge, sale, purchase or lend to third parties.6. The Bank guarantees and ensures confidentiality of the Client’s personal data and transactions and their nondisclosure to third parties unless the legislation of the Republic of Latvia and the Terms and Conditions stipulate otherwise. The Bank uses the information provided by the Client to the extent and within limits stipulated in the legislation of the Republic of Latvia. The information may be used for marketing and commercial purposes and handed over to persons within the Group of the Bank entities.7. The substantive law of the Republic of Latvia governs the rights and obligations of the Bank and the Client arising from the Agreement.8. The Parties settle disputes relating to the Agreement in line with the Terms and Conditions.9. The Agreement takes e§ect upon its signature by the Parties and is valid for an indefinite period.10. The Parties are entitled to terminate the Agreement in line with the Terms and Conditions. 11. The Agreement is concluded and signed in two copies having equal legal force.
(name, surname)
Client represented by:
(signature, seal)
(name, surname)
Bank represented by:
(signature, seal)
The joint stock company “Rietumu Banka”, the unified registration No. 40003074497, the legal address: 7, Vesetas Street,
Riga, LV-1013, the Republic of Latvia, represented by
who acts on the basis of a power of attorney (hereinafter – the Bank) on the one part and
JSC “RIETUMU BANKA” AND CLIENT AGREEMENT
(COMPLETE IN BLOCK CAPITALS)
(name, surname)
AD375KVE 31.03.2015
Date of birth / registration (dd/mm/yyyy)
Country of issue and issuing authority of the passport / ID card(for private individuals only)
Passport / ID card issued on (dd/mm/yyyy) (for private individuals only) / /
/ /
Date (dd/mm/yyyy) / /20
Approved at JSC “Rietumu Banka” Board Meeting on May 20, 2016, Minutes No. 25
JSC “Rietumu Banka”7 Vesetas str., Riga, LV-1013, LatviaRegistration No. 40003074497, RTMBLV2X, REUTERS: RIETTelephone: +371 67025555, Fax: +371 [email protected], www.rietumu.com
CLIENT REGISTRATION CARDPRIVATE INDIVIDUAL
COMPLETE IN BLOCK CAPITALS
Name
Surname
Passport / ID document No.
Identity No.(for residents of the Republic of Latvia)
Correspondence address (street, house, flat, town, country, postal code)
Client’s employment details:
Phone + E-mailFax +
salaried employee
No Yes (explain)
business owner
self-employed
in commercial organisation
in state institution
(name of organisation, its activity type, position)
(name of organisation, its activity type, position)
in non-governmental organisation
(name of organisation, its activity type, position)
(name of organisation, capital share, business activity, number of salaried employees)
(activity type)
tax payer No. (for self-employed residents of the Republic of Latvia)
Does the above mentioned activity type relate to the Republic of Latvia? (only for non-residents)
Please, specify sources of funds:salary / royalties / rewards
interest receivable and dividends
rentIncome received from:
capital share (stocks) sale
private property sale
inheritances / gifts
other (specify in detail)
CLIENT REGISTRATION CARDPRIVATE INDIVIDUAL 1/3
(country code) (country code)
Place of birth: Country
Province, state, region / district, town, settlement
Declaration in accordance with U.S. FATCAI hereby certify that
I am I am not
a citizen and/or a tax resident of the United States of America (USA)
Please, state the country(-ies) and/or the place(-s), where you are a tax resident, and the taxpayer identification number, assigned to you as a tax resident¹:
(taxpayer identification number)(country or place of tax residence)
(taxpayer identification number)(country or place of tax residence)
(taxpayer identification number)(country or place of tax residence)
Client’s signature
salary / royalties / rewards
loans
interest receivable and dividends
other (specify)
payments for goods and services
investments
utility bills
Description of current account(s) planned transactions:
Transaction currencies
Average monthly volume of transactions (EUR)
Number of transactions per month
The maximum monthly volume of transactions (EUR)
Payment types
Average monthly cash transactions (in %) and average monthly volume of ATM cash withdrawals in % of average monthly volume of transactions
to private individuals
to corporate entities
Volume of payments per month, in %
personal needs
other (specify)
Explain the necessity of cash transactions:
Average monthly account balance planned (EUR)
Reason for opening the current account with the JSC “Rietumu Banka” (Riga, the Republic of Latvia), specify, please:
Are you or your close relatives classified as politically exposed persons2 or members of the family of a politically exposed person3, or persons closely related to a politically exposed person4?
No
Additional information
Yes (provide reasonable details)
CLIENT REGISTRATION CARDPRIVATE INDIVIDUAL 2/3
Client’s signature
Client represented by:
Signature
Herein I present my specimen signature, which I request to consider to be only true for all my orders submitted to the JSC “Rietumu Banka”
ATTENTION!Your signature
should staywithin the lines
Specimen signature
TO BE COMPLETED BY BANK EMPLOYEEI confirm the identity and signature of the Client or the Client’s Representatives
(name, surname)
AH109FVE 20.05.2016
CLIENT REGISTRATION CARDPRIVATE INDIVIDUAL 3/3
1 JSC “Rietumu Banka” shall collect and annually provide information and data regarding its Clients to the State Revenue Service of the Republic of Latvia within the framework of the Standard for Automatic Exchange of Financial Information in Tax Matters in circumstances and order stipulated by legal enactments of the Republic of Latvia.2 Politically exposed person – a person who is entrusted or has been entrusted with prominent public functions in the Republic of Latvia, in another EU or EEA Member State or a third country, including the head of the state, the head of administrative unit (municipality) of the state, the head of the government, a minister (a deputy minister or an assistant deputy minister, if such a position exists in the state), a state secretary or another high-ranking o�cial in the government or in the administrative unit (municipality) of the state, a member of the parliament or a similar legislative framework, a member of the governing body (board) of a political party, a judge of the constitu-tional court, a judge of the supreme court or a judge of another court (member of a judicial institution), a member of the council or of the board of the supreme audit institution, a member of the council or of the board of a central bank, an ambassador, a chargé d’a�aires, a high-ranking military o�cer, a member of the council or of the board of a state-owned enterprise, the head (director, deputy director) of an international organization and a member of the board or a person who holds an equivalent position in that organization. 3 Member of the family of a politically exposed person – a person who is: a) a spouse of a politically exposes person or a person equivalent to a spouse. A person shall be treated as equivalent to a spouse provided that the laws of the respective country contain a provision for such status, b) a child of a politically exposes person or a child of a spouse of a politically exposed person, or of a person equivalent to a spouse, his/her spouse or a person equivalent to a spouse, c) parents, grandparents and grandc-hildren of a politically exposes person, d) brothers and sisters of a politically exposes person.4 Person closely related to a politically exposed person – a private individual who is publicly known to have business relationship or other close relationship with a politically exposed person, or who is a shareholder or a participant in the same commercial company with any politically exposed person, and a private individual that is a sole owner of a legal arrangement that is known to be established for the benefit de facto of any politically exposed person.
JSC “Rietumu Banka” is entitled to request and the Client shall timely provide any information and documents, confirming details provided in the Client Registration Card.
I hereby confirm that I am the actual Beneficial Owner of the funds in all my accounts and transactions. In case of account opening and/or account transactions with funds whose actual Beneficial Owners are third parties, I undertake to immediately inform the Bank about these Beneficial Owners by completing and submitting “Beneficial Owner’s Identification Card” to the Bank.
Hereby I confirm the authenticity of the provided information, as well as confirm that I have stated all countries and/or places, where I am the tax resident. I undertake to immediately inform JSC “Rietumu Banka” about any changes in the above-stated information in writing.
Passport / ID document No.
Client’s CREF
(name, surname)
(date ) / /20
Bank employee
Bank’s notes
(signature)
(name, surname)
Documents are checked by
(signature)
(date ) / /20
Client(corporate entity: full name / private individual: name, surname)
upon signing JSC “Rietumu Banka” and Client Agreement please:
No Yes
1/ 2(Client’s signature)
Open a current account No.
APPLICATION FOR BASIC BANKING SERVICES
(to be completed by the Bank employee)
I hereby request the express account opening and withholding an additional fee from this account after its opening, according to the Bank’s tarrifs
Confirm(Client’s signature)
Send the confirmation on the current account opening to e-mail
Issue a payment card
On the basis of this application the Bank opens one card account and issues a payment card to the Client or the Client’s Representative.
Card type
Card account currency
Card product
Express issue of the Card
(MasterCard / VISA) (Business / Gold / Platinum)
(EUR / USD / GBP*)
Name, surname / Company name to be embossed on the card (fill in Latin letters, corporate entities shall specify name, surname of the cardholder)**
Name, surname
Company name
Voice password (at least 5 characters, Latin letters, no spaces or dashes allowed)
If you wish to set the daily limit of card transactions below the limit set by the Bank, please specify it herein:
Cash withdrawals in ATMs(amount in figures) (amount in words)
Other payments(amount in figures) (amount in words)
for the amountMonthly on the first day of the month replenish the card account from the Client’s current account:
Place for receipt of the card:(address for the receipt of the card by courier post and the recipient's phone number / the Bank’s representative office or head office of the Bank in Riga)
* only Gold and Platinum cards are issued in GBP currency** name, surname / company name on the card shall not exceed 21 character, including spaces. Softening and lengthening marks are not embossed on the card
Date / / 20 Approved by the Board of JSC “Rietumu Banka”, Minutes No. 26, 28.07.2017
COMPLETE IN BLOCK CAPITALS
JSC “Rietumu Banka” / 7 Vesetas / Riga / LV-1013 / Latvia
Registration No. 40003074497, RTMBLV2X, BLOOMBERG:RIET
Telephone +371 67025555, Fax +371 67025588
[email protected], www.rietumu.com
up to the amount
(amount in figures) (amount in words)
APPLICATION FOR BASIC BANKING SERVICES
Client represented by(name, surname)
(signature) Client’s seal
2/ 2
Please use Rietumu ID* No. and a package of identification and authorization tools, which I have received
sealed and undamaged, for managing the accounts
(type of the package: Professional / Mobile / Autonomus)**
I confirm the receipt of the package of identification and authorisation tools*** (name, surname of the Client’s Representative, the holder of RietumuID)
*
**
***
If Rietumu ID, which has already been issued to the Client’s Representative, is stated, all identification and authorization tools, connected to this Rietumu ID, are used. There is no necessity to specify the name of the packageProfessional (Rietumu ID + DigiPass)Mobile (Rietumu ID + Mobile DigiPass)Autonomous (Rietumu ID + DigiPass OTP)Specify the recipient of the package of identification and authorization tools, if several Client’s Representatives with joint signature entitlement sign Application for Basic Banking Services
Connect to the remote banking system:
Internet Bank (iRietumu) in a full-access mode (by default, transaction limits in the Internet Bank are equal to the maximum amount of transactions, indicated in the Client Registration Card).
Home-Banking
Adjust notifications (M-Bank)(specify e-mail address / mobile phone number)
Account Statement (card account / current account / all) (daily / weekly / monthly) (via e-mail only)
Specify required currencies: Suspicious card transactions No Yes
I acknowledge as having read and agree with the Terms and Conditions of JSC ”Rietumu Banka” and Client Agreementand the Bank’s tariffs
AE6713KVE 01.08.2017
Further please issue additional devices / change separate devices complying with the order submitted by the Client's Representative (the holder of Rietumu ID)
Date / / 20
TO BE COMPLETED BY BANK EMPLOYEE
(name, surname) (signature)
APPLICATION FOR BASIC BANKING SERVICES
I confirm the identity and signature of the Client or the Client’s Representative
Passport / Identity document No.
BACKGROUND INFORMATIONON THE PROTECTION OF THE STATE-GUARANTEED DEPOSITS
Client (corporate entity: full name / private individual: name/surname)
Identity number (only for residents of the Republic of Latvia
Identity number (only for residents of the Republic of Latvia
Passport / ID card No.
Passport / ID card / Registration No.
TO BE COMPLETED BY BANK EMPLOYEE
(name, surname)
I confirm the identity and signature of the Client or the Client’s Representative
(signature)
/ /20
/ /20
AG201KVE 14.09.2015
Client’s Seal
(name, surname)
(signature)
Rietumu ID
Client represented by:
Test Key
I hereby confirm that I have received and read the Background Information on the Protection of the State-guaranteed Deposits.
/ /20
Guarantees on deposits with a credit institution or credit union
Maximum amount of guaranteed compensation
Maximum amount of additionally guaranteed compensation
Calculation of guaranteed compensation in case of multiple deposits at the same credit institution or credit union
Calculation of guaranteed compensationin case of a joint deposit with other person(s)
Beginning of guaranteed compensation payout process in case of unavailability of deposits
Information on the possibility of mutual offset of claims
Contacts
Safety of your deposits is guaranteed by the deposit guarantee scheme, which has been established pursuant to the Deposit Guarantee Law. In case of unavailability of deposits at a credit institution or credit union, your deposit in the amount of up to EUR 100 000 shall be compensated by the Deposit Guarantee Fund.
The maximum amount of guaranteed compensation is EUR 100 000 per each depositor per credit institution or credit union. The currency of the guaranteed compensation shall be the euro. Payment of the guaranteed compensation shall not apply to the deposits specified in Section 23 of the Deposit Guarantee Law.
In addition to the maximum guaranteed compensation in the amount of EUR 100 000, a depositor is entitled to the guaranteed compensation in the amount of up to EUR 200 000 in accordance with the types of deposits and provisions specified in Section 4 of the Deposit Guarantee Law.
Total of your deposits at the same credit institution or credit union shall be aggregated and the maximum amount of guaranteed compensation (EUR 100 000) shall be applied to the total amount.
If more than EUR 100 000 are held on the account, the guaranteed compensation in the amount of up to EUR 100 000 shall be applied to each depositor separately provided that this depositor has been identified prior to the date of occurrence of unavailability of deposits.
Starting from the 21st working day after the date of occurrence of unavailability of deposits if unavailability of deposits has occurred until 31 December 2018.
Starting from the 16th working day after the date of occurrence of unavailability of deposits if unavailability of deposits has occurred from 1 January 2019 until 31 December 2020.
Starting from the 10th working day after the date of occurrence of unavailability of deposits if unavailability of deposits has occurred from 1 January 2021 until 31 December 2023.
Starting from the 8th working day after the date of occurrence of unavailability of deposits if unavailability of deposits has occurred after 1 January 2024.
In the calculation of guaranteed compensation due to a depositor, the depositor's liabilities against credit institution or credit union may be taken into account and mutually offset.
Financial and Capital Market Commission: Kungu iela 1, Riga, LV-1050, tel. +371 6777 4800, www.fktk.lv.
COMPLETE IN BLOCK CAPITALS Approved by the Board of JSC “Rietumu Banka”, Minutes No. 53., 14.09.2015
JSC “Rietumu Banka” / 7 Vesetas / Riga / LV-1013 / Latvia
Registration No. 40003074497, RTMBLV2X, REUTERS: RIET
Telephone +371 67025555, Fax +371 67025588
[email protected], www.rietumu.com
BANK’S COPY
BACKGROUND INFORMATIONON THE PROTECTION OF THE STATE-GUARANTEED DEPOSITS
Client (corporate entity: full name / private individual: name/surname)
Identity number (only for residents of the Republic of Latvia
Identity number (only for residents of the Republic of Latvia
Passport / ID card No.
Passport / ID card / Registration No.
TO BE COMPLETED BY BANK EMPLOYEE
(name, surname)
I confirm the identity and signature of the Client or the Client’s Representative
(signature)
/ /20
/ /20
AG201KVE 14.09.2015
Client’s Seal
(name, surname)
(signature)
Rietumu ID
Client represented by:
Test Key
I hereby confirm that I have received and read the Background Information on the Protection of the State-guaranteed Deposits.
/ /20
Guarantees on deposits with a credit institution or credit union
Maximum amount of guaranteed compensation
Maximum amount of additionally guaranteed compensation
Calculation of guaranteed compensation in case of multiple deposits at the same credit institution or credit union
Calculation of guaranteed compensationin case of a joint deposit with other person(s)
Beginning of guaranteed compensation payout process in case of unavailability of deposits
Information on the possibility of mutual offset of claims
Contacts
Safety of your deposits is guaranteed by the deposit guarantee scheme, which has been established pursuant to the Deposit Guarantee Law. In case of unavailability of deposits at a credit institution or credit union, your deposit in the amount of up to EUR 100 000 shall be compensated by the Deposit Guarantee Fund.
The maximum amount of guaranteed compensation is EUR 100 000 per each depositor per credit institution or credit union. The currency of the guaranteed compensation shall be the euro. Payment of the guaranteed compensation shall not apply to the deposits specified in Section 23 of the Deposit Guarantee Law.
In addition to the maximum guaranteed compensation in the amount of EUR 100 000, a depositor is entitled to the guaranteed compensation in the amount of up to EUR 200 000 in accordance with the types of deposits and provisions specified in Section 4 of the Deposit Guarantee Law.
Total of your deposits at the same credit institution or credit union shall be aggregated and the maximum amount of guaranteed compensation (EUR 100 000) shall be applied to the total amount.
If more than EUR 100 000 are held on the account, the guaranteed compensation in the amount of up to EUR 100 000 shall be applied to each depositor separately provided that this depositor has been identified prior to the date of occurrence of unavailability of deposits.
Starting from the 21st working day after the date of occurrence of unavailability of deposits if unavailability of deposits has occurred until 31 December 2018.
Starting from the 16th working day after the date of occurrence of unavailability of deposits if unavailability of deposits has occurred from 1 January 2019 until 31 December 2020.
Starting from the 10th working day after the date of occurrence of unavailability of deposits if unavailability of deposits has occurred from 1 January 2021 until 31 December 2023.
Starting from the 8th working day after the date of occurrence of unavailability of deposits if unavailability of deposits has occurred after 1 January 2024.
In the calculation of guaranteed compensation due to a depositor, the depositor's liabilities against credit institution or credit union may be taken into account and mutually offset.
Financial and Capital Market Commission: Kungu iela 1, Riga, LV-1050, tel. +371 6777 4800, www.fktk.lv.
COMPLETE IN BLOCK CAPITALS Approved by the Board of JSC “Rietumu Banka”, Minutes No. 53., 14.09.2015
JSC “Rietumu Banka” / 7 Vesetas / Riga / LV-1013 / LatviaRegistration No. 40003074497, RTMBLV2X, REUTERS: RIETTelephone +371 67025555, Fax +371 [email protected], www.rietumu.com
CLIENT’S COPY
CLIENT CERTIFICATION OF OBLIGATION
TO OBSERVE NATIONAL AND INTERNATIONAL SANCTIONS
Approved at JSC “Rietumu Banka” Board Meeting on July 28, 2017, Minutes No. 26
COMPLETE IN BLOCK CAPITALS
(name, surname / company name)
Passport / Identity document / Registration No. , hereby affirms, confirms and agrees that within the framework of cooperation with the joint stock company “Rietumu Banka” (hereinafter – the Bank) he/she/it undertakes obligations:
1) to meet the legal enactments (including laws, regulations, decisions, resolutions) of the Republic of Latvia, the European Union and the United Nations that include and/or are related to the application of sanctions and other restrictions concerning a range of persons, jurisdictions and territories, including but not limited to: Iran, Syria, Northern Korea, the Crimea, Northern Sudan, Burma (Myanmar);2) to meet the legal enactments of the USA that include and/or are related to the application of sanctions and other restrictions when sending and receiving money transfers in the currency – US dollars, and when the Client makes transactions and deals with the financial instruments and securities denominated in US dollars and/or issued by the issuers located at the USA and/or traded on the stock exchanges located at the USA and/or which are kept and accounted in a depository located at the USA and/or these financial instruments are in any manner whatsoever related to the USA within the meaning of legal enactments of the USA, and/or other transactions in US dollars;3) not to perform activities either intentionally or negligently, either directly or indirectly which violate or which might result in violation of the legal provisions, sanctions and restrictions mentioned in Clause 1 and 2 herein;4) in the course of the activity either intentionally or negligently, either directly or indirectly not to use and not to allow any third party to use any account of the Client with the Bank so that the Bank in any manner whatsoever may be used or involved in violation of the legal provisions, sanctions and restrictions mentioned in Clause 1 and 2 herein;5) not to enter, immediately terminate and not to support business relations with the persons who violate or may be involved in violation of the legal provisions, sanctions and restrictions mentioned in Clause 1 and 2 herein;6) at the first request of the Bank in a form set by the Bank to immediately provide information and documents concerning the Client's business and professional activity, including documents related to the third persons directly or indirectly participating in the Client's transactions.
By signing this Certification the Client recognises and confirms that in the event of violation of the above mentioned clauses of this Certification:
the Bank is entitled to reject and/or freeze any operations and accounts of the Client with the Bank and immediately, unilaterally and without an approval by the Client, terminate all legal relations with the Client and take other actions stipulated by contractual relations between the Bank and the Client;
the Client is fully legally liable towards the Bank and third parties and undertakes to reimburse the Bank for all damages the Bank incurs due to the Client's fault as a result of such violations;
the rights of the Bank mentioned in this Certification supplement other rights of the Bank stipulated by JSC “Rietumu Banka” and Client Agreement and Terms and Conditions of JSC “Rietumu Banka” and Client Agreement, and other contractual relations between the Bank and the Client and do not depend on other provisions of such documents. Failure by the Bank to exercise its rights established under this Certification does not imply the Bank's refusal to exercise such rights.
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Client represented by(name, surname)
(signature)
Test KeyRietumu ID
Seal
AK121KVE 28.07.2017
/ / 20Date
JSC “Rietumu Banka” / 7 Vesetas / Riga / LV-1013 / Latvia
Registration No. 40003074497, RTMBLV2X, BLOOMBERG: RIET
Telephone +371 67025555, Fax +371 67025588
[email protected], www.rietumu.com
Date / / 20(signature)(name, surname)
TO BE COMPLETED BY BANK EMPLOYEE
I confirm the identity and signature of the Client or the Client's Representative
Passport / Identity document No.
CLIENT CERTIFICATION OF OBLIGATION TO OBSERVE NATIONAL AND INTERNATIONAL SANCTIONS
Client
Account No.
