SMP Bank Review

SMP Bank was recognized as JSC Multibanka. It was listed in April 1994.It is headquartered in Riga and has 7 settlement offices in Riga the Bank has also settlement offices in Ventspils, Liepaja and Olaine as well as representative offices in Russia and Ukraine.

SMP Bank provides a wide range of financial services such as multicurrency accounts, cash operations, deposit operations; escrow accounts servicing, collection services, lending operations, currency conversion operations, finance instruments accounts opening, investment portfolio servicing and much more.

It also issues credit cards to help its customers to meet their financial needs. The credit cards issued by the SMP Bank are :

SMP Standard Master Credit Card - The interest rate for the allowed credit is 18% per year and interest rate on the balance on card account is 1,5% per year for the balance above USD 1000. The annual fee for UK residents USD 40, or LVL 20, EUR 30 and for non residents it can be USD 60, LVL 35, and in EUR 50. It is accepted anywhere around the globe where Master Card acceptance is displayed. There are numerous master card benefits which one can enjoy with this credit card.

SMP Bank Gold Master Card - The interest rate for the allowed credit is 18% per year and interest rate on the balance on card account is 1,5% per year for the balance LVL 5 000. The annual fee for UK residents USD 100, or LVL 60, EUR 80 and for non residents it can be USD 80, LVL 40, and in EUR 60. It is accepted globally and it is accessible online, one can make payments and purchases online, one can get easy cash access through ATMs which displays Master Card acceptance logo.