VersobankNewsNews archive2013Following the changeover of Latvia to euros

Following the changeover of Latvia to euros


Dear Customer,

Following the changeover of Latvia to euros, please be informed of the following practical aspects of changeover in Versobank AS.

Versobank AS will discontinue buying LVL cash starting from 16 December 2013 (including) and selling from 27 December 2013.

Versobank AS will stop buying and selling LVL account money from 31 December 2013.

Number of current account in bank does not change, if there is a LVL balance on account, Versobank AS will convert it to euros automatically with the official exchange rate EUR 1 = LVL 0.702804 following official rounding principles. The balance of account will remain in LVL as of 31.12.2013, conversion will take place on 1 January 2014 without additional instructions from customer.

Last day for payments in LVL is 27.12.2013, all payment instructions sent later (or with later value date) will be revoked.

We apologise for any inconveniences.


Yours truly,
Versobank AS