Free directory of all 46 correspondent bank SWIFT/BIC codes registered in LATVIA. Click any bank to view its full record and track an international SWIFT payment routed through it.
Latvia adopted the euro in 2014 and its Bank of Latvia participates in TARGET2. Swedbank Latvia, SEB Latvia, and Citadele banka are the primary correspondents. Riga's financial sector historically processed CIS/Russian corridor flows, which declined sharply post-2022 sanctions, reshaping Latvia's correspondent banking landscape towards intra-EU and Nordic payment flows.
| RTGS / Settlement System | TARGET2 (Bank of Latvia node) |
|---|---|
| Currency | EUR — Euro |
| Central Bank | Latvijas Banka (Bank of Latvia) |
| Typical SWIFT Timing | Same day (SEPA); 1–2 days (international) |
Most international SWIFT wires arrive in Latvia within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Latvia processes large-value interbank settlements through TARGET2. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is EUR — Euro. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 46