Rietumu Bank is a Latvian bank headquartered in Riga, Latvia. Established in 1992, it has become one of the leading banks in the Baltic region, offering a wide range of financial services to individuals and businesses. The bank specializes in corporate banking, private banking, and investment services, catering to both local and international clients. Rietumu Bank is known for its expertise in international trade finance, capital markets, and wealth management solutions. It has built a reputation for reliability and professionalism, attracting clients from various industries worldwide. The bank adheres to strict regulatory standards and is committed to maintaining the highest level of integrity and customer service.

In Latvia, a withholding tax of 20 % will be levied on interest payments from 1 January 2018, although this can be reduced. In order for the withholding tax to be reduced to 10%, the Bank must receive a certificate of residence no later than eight weeks before the due date. You should be able to claim additional tax relief for this foreign tax in Ireland.

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