LATVIA – National Audit Office of the Latvian Republic
On 21 October 2022, Cabinet Decision No. 652 of 17 December 2019 on the «Procedure for the provision of payment services by the State Treasury» which envisages a number of substantial changes:
1. In accordance with Article 5, Paragraph 1 of the Official Electronic Address Act and Paragraph 3 of its Transitional Regulations, the official electronic address is mandatory from 1 January 2023. The email address of the State Treasury ekase@kase.gov.lv and the email address of the client are used for the exchange of documents until 31 December 2022, and from 1 January 2023 for communication with the State Treasury can only be done electronically via the official email address or in electronic services;
2. The forms have been removed from the regulations. From now on, they will be available on the State Treasury website;
3. In the future, the cash deposit service will only be provided to customers who, on the basis of a legal basis specified by the customer, collect payments to the state budget or payments related to the enforcement of judgments of courts and other institutions and the professional activities of a person who is a sworn bailiff;
4. For payments in the national currency of the Member State within the Member State (except for payments in euro and in foreign currency both within the Member State and to foreign countries and payment orders for payments to foreign countries in euro) and in the national currency of the Member State, the execution period is equalised – four working days after their receipt by the State Treasury;
5. Maintenance of payment cards linked to treasury accounts: henceforth only public budgetary institutions and extra-budgetary institutions will be provided; a broader purpose for use and a two-month period within the customer must start using the funds credited to the payment card account or, if these funds are not to be used within two months, these funds must be returned to the accounts in the State Treasury.
Support us
