Open a Bank Account in Latvia
Planning your move to Latvia? Here is everything you need to know about open a bank account for digital nomads and expats in 2026.
- The Personal Code (Personas Kods): Similar to Estonia, you need a Personal Code to interface with Latvian society. You receive this upon registering your residence at the Office of Citizenship and Migration Affairs (PMLP).
- Banking: Swedbank, SEB, and Citadele dominate the market. The digital banking infrastructure is excellent, heavily reliant on Smart-ID or the national eSignature (eParaksts) for authentication.
- Account Opening: Traditional banks can be hesitant to open accounts for third-country nationals (non-EU) without a long-term residence permit. Nomads on 1-year visas often rely on Revolut.
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