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Rietumu Bank - eCommerce

Overview

Rietumu Bank is a Latvian commercial bank established in 1992 with headquarters in Riga, LV. The service provider allows financial institutions to send transfers across borders delivering financial services for corporate clients and wealthy individuals. The key functionalities delivered by the service provider include local and international transfers, account opening, and merchant acquiring (see Rietumu Bank - Banking for Banking functionality details).

Supported regions

Companies from the following regions can integrate:

  • EU (European Union)

  • UK (possible for onboarding)

  • EEA (European Economic Area)

Prerequisites

An active financial services license is required to implement the integration. Contact your manager for additional details.

Website

https://www.rietumu.com/en

Products and services

The following table describes the services delivered by Rietumu Bank.

Service name

Description

Execution details

Acquiring & OCT

The functionality allows to process payments and implement a payment widget into a merchant website to accept debit and credit cards.

Payment currencies

Card payments in the following currencies are accepted:

  • More than 80 currencies are available for processing (excluding FATCA countries)

Locations

Rietumu Bank acquiring can be implemented for merchants located in the following countries:

  • UK

  • EU (TBA)

  • EEA (TBA)

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