GE Money Bank offers you to receive your salary in GE Money Bank in a convenient, quick and safe way, opening a Salary account for receiving regular income. GE Money Bank Salary account is a multi-currency current account, which provides possibilities to carry out different accounts and payments, operate with several currencies and install cash into the account without restrictions.

You can use the account not only to receive a salary, but also to receive allowances, royalty, dividends, and pension both in lats and in other currencies.

Moreover, to receive your salary in GE Money Bank, a contract with an employer is not required; you just have to submit an application to your accountant with a request to transfer your salary to the opened Salary account in GE Money Bank.

Why is it advantageous to receive a salary in GE Money Bank?

• A possibility to open a current account without a fee and receive VISA payment card;
• Pay by a payment card in shops in Latvia and abroad without a commission fee;
• Receive discounts and special offers in more than 290 outlets in Latvia paying by card;
• Withdraw cash free of charge in GE Money Bank, SEB Banka, Parex Banka, Latvijas Krājbanka ATM;
• Pay bills in GE Money Bank ATM;
• A possibility to receive overdraft to the account in up to 100% of salary amount;
• A possibility to process VERTO credit card without first year’s fee, get purchase insurance and credit holidays up to 45 days;
• Lower % rate for cash loan;
• A possibility to apply for SMS Bank and receive SMS as soon as a salary is transferred to the account;
• A possibility to apply for Internet bank GEonline and make payments in a convenient, quick and advantageous way;
•  A possibility to save time and entrust payment of bills to the Bank – apply for regular payments and automatic payment of bills;
• Applying for VERTO credit card a salary reference from an employer is not required * ;
• A possibility to receive other GE Money Bank services.

* If a salary has been transferred to GE Money Bank for less than four months, the Bank reserves the right to require a reference or other documents if necessary.

Attention!

Under the amendments to the law “On Personal Income Tax”, from the January 1, 2010 when the bank pays interest income to an individual client, it will withhold a tax of 10% and pay it into the national budget. In this case it is not mandatory to submit the declaration to the State Revenue Service.

To open an account:

• Come to any GE Money Bank branch, bring a passport with you;
• Persons under the age of 16 must come to a branch accompanied by at least one of parents or foster parents, bringing a birth certificate and a passport (if there is such) and a passport of parents of foster parents;
• Pensioners must bring a passport and a pensioner’s certificate.

After opening a Salary account do not forget to inform your accountant that in future your income should be transferred to the GE Money Bank Salary account. You can use our application sample in attachment: [application]

You can use the account also to receive pension/allowance. Fill in an application and submit it to the State Social Insurance Agency. [application].

Use an opportunity to trust and keep your income in one of the safest and most stable banks – GE Money Bank - as it belongs to the General Electric corporation, which has been assigned AAA credit rating!

Tariffs

For more information, please call the bank Card customer division specialists on 1878, or contact the nearest GE Money Bank branch.