FAQ – Send money to Latvia

What to know about money transfers to Latvia with Fonmoney: paying in kroner, kronor or pounds, the LV IBAN, costs and security.

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Before you send to Latvia

If you are planning a payment to family or friends, these answers cover the usual questions about sending money to Latvia.

▸ I work in Norway. Can I send money to Latvia in kroner?

Yes. You pay in Norwegian kroner by card or bank transfer, and the recipient gets euros. Danish kroner and Swedish kronor work the same way.

▸ Will the recipient receive lats or euros?

Euros. Latvia adopted the euro in 2014, and every transfer is paid out in that currency.

▸ How is a Latvian IBAN structured?

It begins with LV and is 21 characters long. You also need the recipient's full name.

▸ Which Latvian banks can receive the transfer?

Any bank in Latvia, for example Swedbank, SEB banka, Citadele or Luminor.

Paying, pricing and protection

▸ Can I send to Latvia from the UK in pounds?

Yes. The United Kingdom is one of the sending countries, along with Switzerland, Canada, Poland, Czechia, Hungary, Chile and Mexico.

▸ How is the cost of a transfer to Latvia calculated?

By the amount, the sending country and the payment method. Fonmoney shows the fee, the rate and the euro sum before you confirm, with no hidden costs.

▸ Which payment methods are accepted?

Credit card, debit card and bank transfer. The selection at checkout depends on your country.

▸ How does Fonmoney protect my transfer?

Fonmoney is regulated in the European Union (Banco de España) and the United Kingdom (FCA). European rules require an identity check for each sender, which only takes an ID document, and payments use SSL encryption.

Sending to Latvia with Fonmoney

Banco de España — European Union

Regulator of Fonmoney as a payment institution in the European Union.

FCA — United Kingdom

UK authorisation from the Financial Conduct Authority.

Riga and the rest of Latvia

Euros paid into any LV IBAN.

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With Fonmoney, a transfer to a bank account in Latvia shows its fee, rate and euro total before you confirm. Is something still unclear? Contact us.

Latvia — Money transfers with Fonmoney

Send money to a bank account in Latvia with Fonmoney

Services for Latvia with Fonmoney

Bank transfers in euros to any account in Latvia

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