OREANDA-NEWS. The new customer service policy that takes into consideration the current banking practices in international payments' execution and relevant requirements regarding compliance of these payments with enforceable regulations has been developed and approved in Rietumu Bank. On the basis of this policy the new approach to formation of the bank's tariffs and the commission fees has been developed. The policy will be implemented in practice starting from 1 March, 2014. Below you can see the main prospective changes.

1. While charging the commission fees for account maintenance and executions of payments in US dollars for legal entities the two tariff plans will be applied.

Tariff 'A' will be applied to the Rietumu customers - legal entities from the countries of the European Union, the CIS, OECD, as well as China (including Hong Kong), Georgia, Liechtenstein, Macedonia, Serbia, Singapore and Montenegro.

Tariff plan 'B' will be applied to Rietumu customers - legal entities from all the others countries.

2. The monthly commission fee for account servicing and maintenance under tariff plan 'A' remains on the same level (20 euro, for inactive accounts - 50 euro).

The monthly commission fee for account servicing and maintenance under tariff plan 'B' will be 50 euro - if average monthly turnover doesn't exceed 300 thousand euro, or 100 euro - if this level is exceeded.

3. The commission fees for execution of payments in US dollars under tariff plan 'B' will be increased; starting from 1 March, 2014 the commission fee for the execution of a regular outgoing payment will be 120 euro.