Advanced Search

The Credit Register Participants Fees For Use Of The Credit Register And Payment Arrangements

Original Language Title: Kredītu reģistra dalībnieku maksas par Kredītu reģistra izmantošanu apmērs un maksāšanas kārtība

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
The rules of the Bank of Latvia 9 2007 in Riga on 13 September the members of the credit register charges for the use of the credit register and payment arrangements made under article 106.1 of the law of credit institutions the fourth part, the insurance companies and the supervisory law 29.3 article fifth, credit unions Act article 27.1 fifth 1. "credit registry participant fees for use of the credit register and payment arrangements" (hereinafter-the rules) determines the bank bank subsidiaries that provide with credit risk related financial services (hereinafter – the bank's subsidiaries) credit unions and insurers charge for the use of the credit register and payment arrangements.
2. Charges for the use of the credit register pays the bank, subsidiary of the bank, credit unions and insurers who are members of the credit register.
3. The credit register participants in the insolvency process, as well as after the opening of winding-up proceedings shall not pay a fee for the use of the credit register.
4. the members of the credit register pays a monthly fee to the Bank of Latvia on the credit registry.
5. Charges for the use of the credit register about each Member of the individual credit register shall be determined in accordance with paragraph 7 of the rules according to the participant's credit register of the remaining balance of the liability for the borrower credit register in the previous calendar year.
6. Charges for the use of the credit register about credit registry participant that acquired the credit registry participant status after December 31 of the current year, shall be determined in accordance with the provisions of point 7 under the credit register of the borrowers liabilities balance credit register member status at the date of 00.01. Of this amount of unspent credit registry participant shall inform the Bank in writing up to 10 of the calendar month following the date of the month in which the credit registry participant won the credit register member status.
7. the monthly fee for the use of the credit register is as follows.
The credit register of the balance of obligations of borrowers monthly payment (LCY) excluding VAT VAT Vat to 10 000 000.00 LVL 15.00 2.70 17.70 per 10 000 of the 100 000 000.00 000.01 lat 1īdz lat From 100 000 to 0.00 9.00 59.00 Pyaar 1īdz 500 000.01 000 000.00 LVL 79 500 000 310.00 365.80 over 10,000.00 dollars 520.00 93.60 613.60 8. Credit Register participants pay a fee to the Bank of Latvia on the use of the credit register until the 15th day of each month for the preceding calendar month. Charges for the use of the credit register in the Latvian deposit Bank account 0LVL BIC LACBLV2X LV51 LACB 1750 5010 0.
 
Closing issues 9. provisions shall enter into force on January 1, 2008.
10. the provisions of paragraph 5 shall enter into force on 1 January 2009. Charges for the use of the credit register about the 2008 credit register participants for each individual shall be determined in accordance with the provisions of point 7 under the credit register of the borrowers liabilities balance at the end of 2007, for which the credit registry participant shall inform the Bank of Latvia until 20 January 2008.
The President of the Bank of Latvia is Rimšēvič.