Call for applications for cash payments

Third party property application form (LV)

Insolvent Baltic International Bank SE, reg. no. 40003127883, represented by insolvency administrator Linda Sniegi-Svilane, in accordance with the second part of Article 172. 1, invites third parties who have not taken possession of property belonging to third parties that was in the possession of the insolvent Baltic International Bank SE and was seized in connection therewith to submit claims for payment of funds by March 31, 2026.

To apply for the payment of funds, a natural person must submit the following documents:

1. a statement drawn up and executed (it is recommended to use the form (LV) available at www.bib.eu) as a legally binding document in accordance with the requirements of external regulatory acts of the Republic of Latvia and containing:
   • a detailed explanation of when and to what extent the unclaimed property of a third party was acquired, as well as an indication of the origin of the funds used to acquire the said property;
   • details for transferring funds, including IBAN number, bank name, SWIFT code, and other details necessary for the transfer;
   • information about whether the creditor is considered to be a politically significant person, a family member of a politically significant person or a person closely related to a politically significant person within the meaning of the Paragraph 18, 181 and 182, Section 1 of the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing;
   • email address and confirmation that the third party agrees to use electronic means of communication to communicate with the insolvent Baltic International Bank SE and agrees to receive information/documents in electronic form as part of the Baltic International Bank SE insolvency proceedings;
   • confirmation that the third party and its representative have been informed and agree that the insolvent Baltic International Bank SE will process their personal data for the purposes of reviewing the application and other legitimate purposes within the framework of the insolvency proceedings of Baltic International Bank SE;
2. documents confirming the origin of the funds;
3. a copy of an identity document valid in Latvia;
4. a power of attorney, if the application is submitted on behalf of a third party by another person.

When submitting an application to receive third-party property, a legal entity must provide the following documents:

1. a statement drawn up and executed (it is recommended to use the form (LV) available at www.bib.eu) as a legally binding document in accordance with the requirements of external regulatory acts of the Republic of Latvia and containing:
   • a detailed explanation of when and to what extent the unclaimed property of a third party was acquired, as well as an indication of the origin of the funds used to acquire the said property;
   • details for transferring funds, including IBAN number, bank name, SWIFT code, and other details necessary for the transfer;
   • information on the current composition of participants/shareholders and beneficial owners, including information on whether the beneficial owner is considered to be a politically significant person, a family member of a politically significant person or a person closely related to a politically significant person within the meaning of the Paragraph 18, 181 and 182, Section 1 of the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing;
   • email address and confirmation that the third party agrees to use electronic means of communication to communicate with the insolvent Baltic International Bank SE and agrees to receive information/documents in electronic form as part of the Baltic International Bank SE insolvency proceedings;
   • confirmation that the third party and its representative have been informed and agree that the insolvent Baltic International Bank SE will process their personal data for the purposes of reviewing the application and other legitimate purposes within the framework of the insolvency proceedings of Baltic International Bank SE;
2. documents confirming the origin of the funds;
3. documents confirming the current composition of participants/shareholders and beneficial owners;
4. a copy of a document certifying the identity of the person submitting the application on behalf of a third party, which is valid in Latvia, and documents confirming the rights of representation/authority;
5. if the third party is a non-resident, a Certificate of Good Standing issued no later than 30 days prior to its submission;
6. if the third party is a non-resident, a Certificate of Incumbency issued no later than 30 days prior to its submission.

All documents submitted must be in Latvian, or if they are in another language, they must be accompanied by a notarized translation into Latvian. The originals of the documents or notarized copies of the documents must be attached in accordance with the requirements of the Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents 1961.

If copies of documents are attached, the administrator has the right to request the originals, and the third party is obliged to present them. The administrator also has the right to request other documents or copies thereof if this is necessary to make a decision regarding the third party's property.

All documents must be submitted, addressed to the administrator, by any of the following methods:

• by sending it as an electronic document signed with a reliable electronic signature and containing a time stamp, in accordance with the Electronic Documents Law, to the email address: info@bib.eu;
• by sending by mail as registered mail to the address: Marijas iela 2A, Rīga, LV-1050;
• by delivering it in person to Marijas iela 2A, Rīga, after agreeing on a delivery time by calling + 371 67000444 or sending an email to info@bib.eu.

Funds in respect of which no claims are made by third parties shall be transferred for keeping to another credit institution registered in the Republic of Latvia in accordance with the third part of Article 172.1 of the Credit Institutions Law.