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Riga Digital Bank Β· Digital Bank Accounts Β· Latvia

Best Digital Bank Accounts in Riga

Compare digital bank accounts providers available to Riga, Latvia residents β€” with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Latvia. Confirm the terms directly with each provider before opening an account.

Featured Digital Bank Accounts Providers

Updated October 2026

Up to three eligible picks for Riga, ranked from our verified partner directory for Latvia. Availability in Latvia and eligibility criteria are set by each provider.

Top Pick

Ally

4.7

Top Digital Bank Accounts Provider

Ally offers reliable digital bank accounts services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Latvia and eligibility criteria are determined by the provider. Check terms before applying.

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Axos

4.7

Axos offers reliable digital bank accounts services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Latvia and eligibility criteria are determined by the provider. Check terms before applying.

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Revolut

4.7

Revolut offers reliable digital bank accounts services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Latvia and eligibility criteria are determined by the provider. Check terms before applying.

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How we pick: providers shown here come from our verified affiliate directory filtered by availability in Europe and Latvia, competitive fees, multi-currency support, and user ratings. Rankings may include affiliate partners β€” see the disclosure below.

Local guide

Digital Bank Accounts in Riga: what to know

A digital bank account lets people in Riga, Latvia open and manage an account from a phone, without visiting a branch. If you earn or spend in EUR (Euro), compare whether each provider gives you local account details or only an international IBAN.

Currency in Latvia
EUR Β· Euro
Local accounts in Latvia
Latvian accounts use the IBAN (LV + 2 check digits + 4-character bank code + 13-digit account, 21 characters in total), a format heavily used by Latvian-licensed payment institutions serving international customers.
Payments in Latvia
Latvia is in the euro area, so euro payments travel over SEPA and SEPA Instant through the EBA Clearing pan-European infrastructure, while high-value settlements run through TARGET2-Latvia operated by Latvijas Banka; Swedbank, SEB and Citadele apps offer instant domestic transfers.

Before you sign up in Riga

Latvian accounts use the IBAN (LV + 2 check digits + 4-character bank code + 13-digit account, 21 characters in total), a format heavily used by Latvian-licensed payment institutions serving international customers. Confirm the provider is authorised by Latvijas Banka (Bank of Latvia, sole supervisor since the FCMC merged into it on 1 January 2023) or passported into Latvia.

Sources: Latvijas Banka Β· Latvijas Banka: payment systems Β· IBAN registry: Latvia structure

All Digital Bank Accounts Providers in Riga

25 providers to compare, including the three featured above.

  • #4

    N26

    4.7

    N26 offers reliable digital bank accounts services with competitive rates and global coverage.

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  • #5

    Bunq

    4.7

    Bunq offers reliable digital bank accounts services with competitive rates and global coverage.

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  • #6

    Wise

    4.7

    Wise offers reliable digital bank accounts services with competitive rates and global coverage.

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  • #7

    Jetonbank

    Global money management built for business

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  • #8

    Globe Digital Bank

    WorldFirst-powered multi-currency accounts and transfers across 2,500+ cities and 200+ countries.

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  • #9

    Airwallex

    Global financial infrastructure for modern businesses

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  • #10

    Majority

    The mobile banking membership built for immigrants in the US

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  • #11

    Chime

    Get $100 when you join β€” automatic savings, zero fees, no stress

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  • #12

    Current

    We'll both earn $100 β€” get paid 2 days early & $750 Paycheck Advance

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  • #13

    Monzo

    The bank account that works harder for you

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  • #14

    Starling Bank

    Award-winning banking for personal and business

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  • #15

    Payoneer

    Get paid globally. Pay suppliers. Grow your business.

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  • #16

    Simplii Financial

    Canada's no-fee digital bank β€” global transfers, cash back & New to Canada banking

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  • #17

    Monese

    Banking for everyone β€” regardless of where you come from

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  • #18

    PayPal

    The world's most trusted way to pay and get paid

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  • #19

    Klarna

    Shop now, pay later β€” on your terms

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  • #20

    Nubank

    Latin America's banking revolution β€” now the world's largest digital bank

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  • #21

    SoFi

    Get your money right β€” the all-in-one US financial app

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  • #22

    KOHO

    Everyday spending and saving for Canadians

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  • #23

    EQ Bank

    Canadian digital bank with high-interest savings and no-fee everyday accounts.

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  • #24

    Discovery Bank

    South African digital bank linking accounts and cards to the Vitality rewards programme.

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  • #25

    Kuda

    Nigerian digital bank with free transfers, savings and a debit card.

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More Financial Services in Riga

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Digital Bank Accounts in Other Cities

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Frequently Asked Questions

Common questions about digital bank accounts in Riga

Ready to Choose Your Digital Provider?

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Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.