Bank (formerly Multibanka) (Latvia)
are secured MasterCard credit cards
from the Latvian SMP Bank that come
either the Standard or Gold versions.
can come in 3 different currencies (Euros,
US$ or LVL (Latvian Lats)).
credit cards are issued free of charge.
The annual interest rate on the line
of credit granted is 18% for both.
annual fee for the Standard MasterCard
(non-residents) is 50 Euros, 60 US$
or 35 LVL depending on the currency
chosen. Similarly the annual fee for
MasterCard is either 80 Euros,
100 US$ or 60 LVL.
are fees for ATM withdrawals and other
transactions on both the Standard
Gold MasterCards and also daily ATM
and purchase limits for both types of
security for these credit cards can
come from either a security deposit
with the bank or funds blocked
in an SMP
account which can also be
non-residents) with this Latvian bank.
cardholders can also be added to the
accounts. e.g. for family members.
Business (& Gold) version of this
secured MasterCard is also available
SMP Bank also issues International
Maestro debit cards to individuals
to UK bank account,
prepaid credit cards or
business bank account