Latvia - Methods of PaymentLatvia - Methods of Payment
As elsewhere in Europe, various payment methods are available in Latvia, depending on the level of trust and business relationship between buyer and seller: wire transfers as pre-payment or after-payment, letters of credit, or payment by credit card are all commonly used.
Checks are not common as a payment method and are rarely accepted.
For more information about the methods of payment or other trade finance options, please read the Trade Finance Guide.