OREANDA-NEWS. October 02, 2009. Considering requests of our customers, Rietumu Bank enlarges the array of payment transfers. Starting from 12 October, the Bank introduces new types of payments, which will allow our customers to make transfers considerably faster and to optimise expenditures, reported the press-centre of Rietumu Bank.

For transfers in US dollars and euro, the Bank introduces express payments. The Bank will execute Express payment transfers in priority order, during 1-2 hours upon their acceptance. At the same time, the Bank will extend Cut off time for Express payments by 1 hour – until 7 pm for USD and 3.30 pm for EUR.

The Bank will also apply new type of fees for payments in USD and EUR – Shared (SHA), which allows to minimise a customer’s expenditures. With SHA, the customer will have to pay only Rietumu Bank’s fee and a correspondent bank’s fee (partly), whereas a recipient will cover fees of a third party bank.

In addition, the Bank will change tariffs on standard payments. Transfers below 1000 USD and EUR will become cheaper as well as OUR type fee for payments in USD by non-residents of Latvia will decrease to 50 USD.

New tariffs and conditions of executing payments will be available on our website www.rietumu.com.